Reasons why exchange coins moving up..

[ubercool]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

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[Winscosinally]

Its good move if one wants to invest in exchange tokens or coins, but not all of these coins are good, binance coin (bnb token) is very good in value today because the team put the token at good use on the exchange, it all depends on the team's move

[shaheer001]

You are right now exchanging coins are more profitable than other good tokens as exchanges tokens/coins has a good offer like staking, daily profit sharing and low or zero fees for withdrawing/trade.

[OasisDre]

I can say they are well supported by not all exchanges are good, coinsbit have joined the race as well and I'm sure in a few years time it will worth more, it seems investors are more interested in exchange coins and tokens, it seems they are hyped by investors because they think exchange coins will always rise in value than other coins

[masterrex]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I think people already begin speculating, it triggers with a buying spree that happening around, thats why most of the altcoins are gaining price momentum, "not only confine with crypto exchange tokens/coin but most of them (altcoins)", while Bitcoin was performing well, altcoins is also doing good. I believe one of the big reason why the market is showing like this it's because of the upcoming big events I guess.

[ubercool]

You are right now exchanging coins are more profitable than other good tokens as exchanges tokens/coins has a good offer like staking, daily profit sharing and low or zero fees for withdrawing/trade.

I have invested in those personally and staked in the past but now there is no coin which is giving staking rewards.
I can see that Altcoins are rising with Bitcoin but if you look closely then you'll see that the exchange coins are have strong volume and upward trend.

[VDraci]

I have no interest in exchange altcoins unless they are top exchange altcoins and they have to be in good use for the exchange platform like binance did, the next exchange project I want to hold for long-term now is EZ365 exchange, the exchange has better use cases so the token will worth something in few years

[ikicha]

Not every exchange coin can be succesfull, you can see at Alternate Annoucement Board.

At there we have so many some exchange who offering his coin/token for make a crowdfunding to their platform. But most of them still failed, to be honest not easy to creating an exchange you need to build trust and volume first.

[LbtalkL]

The utility token of a trusted exchange is really good like Binance (BNB), Of course the exchange benefits from it, Also the mindset of people, they think it is safe to invest in exchange token with reputation. Last 2017 even new exchange token was really surprising following the Bullrun. I bought some KCS at $1 and it turns to $20 each what a jackpot. Maybe it is possible if we are having a Bullrun this year. Crypto is unpredictable better DYOR.

[socks435]

Pretty obvious it's bull run that is why you see those token and coins rising and don't forget the blockhalving is coming that is why the price of bitcoin and alt-coins rising.

If you check the old graph before last 2016 when blockhalving is come the price of bitcoin and altcoin rising the same as what happen today. People are thinking that the massive price increase last 2017 it will happen again this year and next year that is why they are actively investing more to gain profit.

[shinratensei_]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

It caused by these coins are owned by the exchange sites that have fully working products. That's why those people are never feeling doubt to buy that. The big pump that happens with those exchange site coins is not something new in the market. The investors are feeling better to buy that caused by this coin give more guarantee than another coin with the possibility to liquidate it anytime as they want.
The main reason must be the product that already alive and anyone can use it. People will never try to rush something that doesn't look promising.
This based on my experience when the bullish trend come and people are massively buying the exchange site coin.

That has happened since the first token exchange site was created.

[royalfestus]

BNB top the list of the exchange coins that had been thriving so well even through the black market. CZ is the main factor, when I remember that the exchange started in 2017, it surprises me how got so well with exchange. I knew he saved so much fiat and bitcoin from the bullrun others were still keeping a larger quantity of their coin. He chose coin listed carefully for liquidity and transaction fee was attractive. Binance burning of coin was such an attractive idea to investors to provide coin scarcity and increase coin value.

[Flux0z]

Take a look at Blocknet.

They launched the first DEX on the market. The coin itself recently increased by more than 300%, why? Because you can profit from the DEX fees, and a LOT of people want IN on that in the future!

Centralized exchanges like Binance, OKEx, Huobi etc. is slowly but surely losing market domination, check Waves (who's got a hybrid DEX), it's up a lot as well.

Best thing right now is to accumulate "DEX coins", just my opinion though

[Kemarit]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

What do you expect? When the price of Bitcoin started to move, everyone follows even those exchange coin. specially BNB. Because we all that it has the backing of one of the leading exchanges in crypto sphere. So it make sense for it to move when Bitcoin moves.

But this is still a great time to accumulate those exchange coin, specially four of the coins you have mentioned. There might be some good exchange coins that we haven't heard, so just do our own research and try to look for them. And then buy them, who knows, they might be the next BNB.

[btcholder]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Well, i don't think those exchange coin pumping up because of bitcoin. When bitcoin pump literally every tokens/coins pump. So its seems silly point to me. Exchange coin always good for investment (only good quality exchange coin).

Because an exchange always take care of it's own coin so no dump/pump group or huge coin holder make those coin as a shit coin. Exchange make or create some event with their coin for more popularity. So in my opinion investing on exchange coin is too much secure for an investor than other altcoin.

[moonblocks]

This is partially to do with the value of the token being inflated by its utility such as exchanges requiring customers to purchase their native token for participating in IEOs, and also because these enterprises have become more valuable as the market continues to grow and expand

[irixo10]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Actually what drives and keeps maintaining the value of exchange coins is the value of the exchange in question and it's team dedication to ensure the exchange keeps growing. A good example is Binance exchange, the CEO keeps bringing up ideas which keeps its exchange at the forefront of the crypto space. Also, people are moved by what they see, so when they see a good exchange coin performing well they will be forced to partake.

[jossiel]

You got it right. When bitcoin pumps, they also do the same thing.

They are pumping as well and it's not just only them but most of the coins in the market are also doing the same. So if you are also holding alts but it's not following the king, don't expect that it will be the same because you probably choose the wrong coin.

As for the exchange coins, some are sharing dividends which are favorable to the investors.

[sockpuppet1911]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

It isn't just exchange coins that are pumping, and kucoin shares isn't really even pumping in btc. I mean they can rise in usd because btc and eth are rising, but that's it.
There are lots of alts that aren't exchange coins that have pumped lately, i can't see being an exchange coin as any connection between this.

[maxreish]

BNB is still the one I have been holding for the past few months. Since binance exchange is doing well, the performance of BNB coin is also doing pretty good. Some other exchange coins doesn't have any value at all for some investors but they have a significant role on their own exchange. But i disagree on the part that they mostly pumped when btc's price is increasing. I have seen exchange coins that are increasing even though bitcoin is at it's bear trend.

[BlackFor3st]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I saw that they are also starting to move upward as I visited if what happened to BNB price and upon looking at it's chart it's price almost doubled already in less than 2 months.

Upon checking Jan 1 - Feb12, the price of Jan 1 is 13$ and Feb12 is 25$. It only means that bull run is near as the altcoins are also pumping up aside from bitcoin. I haven't check the other exchanges but there is a big chance that they also grow as most of the graphs in coinmarketcap are pointing upward the same with exchange tokens and other altcoins.

[JeotQ]

 Be careful with new exchange tokens since we have bad exchanges coming into crypto space now and every single one of them wants to create a particular token or coin for their exchange too, make sure the exchange token you will choose is medium to to exchange and stay away from new exchanges

[GreenStox]

because a large exchange already has a good reputation so it will not be difficult to convince investors to invest in their projects.
whereas markets that are not yet known or have reputations that are still in doubt will be difficult to gain trust.
after all it has passed no more ieo will boom as it first appeared, because all exchanges have used this method, so that all get the effect of some ieo failed.

[traderethereum]

Maybe that is because bitcoin price increase, so the exchange coins can increase too. But that is not just happening to the exchange coins because the other altcoin already follows to increase. Or in the other scenario, the exchange pumps their coins because they want to lift their coins, and they want to know that their coins have a good future at the market. But we don't know what the real reasons for that are and we only see what is happening in the market. If the exchange coins can give benefits to the traders, then I think it is reasonable to see the exchange coins can increase.

[Farma]

Well, many people like to invest in coins produced by the popular market because the potential for development is also greater than other coins. As you said, coins like that are easier to up because there are more potential traders using the exchanger, and this triggers them to buy tokens produced by an exchanger to minimize the fees they get when making a withdrawal.

[TanakabZX]

Exchange coins are useful for the exchange platform, some exchange compulsory their tokens or coins for those who wants to list or do IEO on their exchange, binance did same time too so going for exchange coins and tokens is a very good move

[sangjoewara]

Be careful with new exchange tokens since we have bad exchanges coming into crypto space now and every single one of them wants to create a particular token or coin for their exchange too, make sure the exchange token you will choose is medium to to exchange and stay away from new exchanges

Yes, now it is better to focus on exchanges that are already really popular, because it is more profitable than having to care about new exchanges whose development is not yet clear, and I think now is a good time to look at opportunities that are in the market or old exchanges.

[fuer44]

this seems to be a new trend, where coin exchangers are currently more in demand. because in addition to increasing the volume of coins, but the increase in trading or pump that occurs will also have a positive impact on the exchanger. as you mentioned, the example is binance, and I think yobit is also included in this (YO).

[FireBallex]

Its very good move to add exchange coins to your portfolio, they can bring higher ROI if bitcoin keeps surging, its same thing with other top altcoins too, since market is showing good sign its better to start buying altcoins little by little

[leea-1334]

BNB is still the one I have been holding for the past few months. Since binance exchange is doing well, the performance of BNB coin is also doing pretty good. Some other exchange coins doesn't have any value at all for some investors but they have a significant role on their own exchange. But i disagree on the part that they mostly pumped when btc's price is increasing. I have seen exchange coins that are increasing even though bitcoin is at it's bear trend.

I do not like BNB at all but I can see the appeal of a coin that will almost be guaranteed to have liquidity on the world's biggest exchange. BNB is doing well now but just be careful, the entire crypto rally will make a lot of coins seem like a good buy. This is truly FOMO at work, when coins like BNB increase in value without increase in technology.

[danherbias07]

It could be.

That means cheaper when bought with bitcoin.
There are times when I think I should my bitcoin somewhere else but never with a stable coin.
We might be on the same page of whoever is buying those exchange token.

BNB was a good example. It was so cheap back then, when you bought it with bitcoin you will be shocked at how much you could get.
But, the thing here is we never expected that it could soar to a number which is not even in our imagination. (at that time)

[rhey]

when the demand for bitcoin rises it will cause bitcoin to rise at the highest price even more so bitcoin will happen halving in the next few months that reason is very strong to make prices higher

[trauchot]

Who knows, but one thing is certain for sure that exchanges that have issued their tokens have very huge potential and they can constantly grow in price for various reasons, so I often invest in top-end exchange tokens to get good profit and it works.

[ubercool]

Who knows, but one thing is certain for sure that exchanges that have issued their tokens have very huge potential and they can constantly grow in price for various reasons, so I often invest in top-end exchange tokens to get good profit and it works.

Don't think this is positive all the times, there are governments who put leash on exchanges and put them under rigorous regulations. There were many exchanges who either went bankrupt or hacked or closed down by governments. It's really hard to have a licence and run the complete exchange legally.

[puertorikosena]

Coins of already trustworthy projects will always be appreciated. But if you want to invest for a short time, then you should pay attention to the price chart. Perhaps the coin is now at a high peak price and is not worth buying at the moment. It’s better to wait for the correction and then buy.

[Bonwin]

This is not only peculiar to exchange coins. yes, it is noticeable on them and most of them have almost doubled, which shows bigger profit for those who invested in them, few weeks back and are still holding. however, it is apparent on some other top altcoins and some which I know of and have not been listed CMC for everyone to monitor. BNB for instance, was the first that drew my attention, because of the fact that I have it at my disposal, but I tried to search for what could be responsible for it, but I am yet to find. It can then concluded that the direction of the present market is a major determinant.

[Byakuga]

Exchanges coins and tokens are good for holding, they can become very profitable in a short period of time just because they are exchange tokens, even the few ones that have no use case are having good value, if you know how to spot good exchanges then invest while you can

[mcnocon2]

Many investors investing in exchange token because they knew that the revenue of exchange are so high that they can get the developments they want because they have funds. And thinking that some major exchange tokens would follow BNB going up. And most exchange tokens are making their own testnet following what Binance did.

[rdewilde]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

That's true, I remembered acting in such manner where I bought an exchange coin and it dumped badly I had to sell off and since then learnt my lesson. To me I find it more entertaining getting involved with exchanges whose team are ready to work, bring up ideas, bring up features which will attract all manner of users, this is what makes an exchange coin valuable; such example is BNB. Therefore holding such coins, one is always closer to profit. Also in my own opinion, many people see the surge in price of Bitcoin as an opportunity to hold some of these coins (because an uptrend in the price of Bitcoin always draws other potential coins) which in turn makes them to increase in value as more are getting into it..

[davinchi]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I saw that they are also starting to move upward as I visited if what happened to BNB price and upon looking at it's chart it's price almost doubled already in less than 2 months.

Upon checking Jan 1 - Feb12, the price of Jan 1 is 13$ and Feb12 is 25$. It only means that bull run is near as the altcoins are also pumping up aside from bitcoin. I haven't check the other exchanges but there is a big chance that they also grow as most of the graphs in coinmarketcap are pointing upward the same with exchange tokens and other altcoins.

Usually the prices for such similar coins backed by strong exchanges might run in a similar way. We might even expect a pump in some other coins like OKB, BIX, etc as even these are been supported by strong backed exchanges. Binance is one of the most popular exchange and that is what is doubling the price for their base token commonly known as BNB.

In few coming months, the price for BNB might even double the current price which might land up near $50 before the altcoin season arrives. We can't assume a exact price in case bull runs arrive because perhaps most of the people might cashout their funds from such coins to hold major altcoins like eth, btc, etc in terms of bull runs which might even cutback their prices.

[Dart18]

Hoping it is true.
Is there some kind of history to prove this? Want to read it.

A large percentage of users here might have an altcoin in their hands and it will make sense if we could analyze that it did happen.
I have no exchange token in my portfolio but hoping one of my altcoin will get a little hit from a price increase. 
It's been a long time since I saw my coins made a good increase upwards.

[watergold]

This has become a bullish trend this year so many coins have become stronger and prices have strengthened like bitcoin until now still moving.
I know BNB lag which has a good increase of the price of $ 15 and now has redeemed the price of $ 25 it means the market has recovered from bearish and we will take advantage of this increase with the percentage benefit you have.

[Reatim]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

but i believe that this took no long before drowning back right?those Exchange coins are now not that profitable to invest.
and it is normal for them(those Big company that starts exchange and not those fly by night in which after a few months or years ended up scamming the users)

This has become a bullish trend this year so many coins have become stronger and prices have strengthened like bitcoin until now still moving.
I know BNB lag which has a good increase of the price of $ 15 and now has redeemed the price of $ 25 it means the market has recovered from bearish and we will take advantage of this increase with the percentage benefit you have.

BNB did a good growth but now i think staying normal like other currency is,thinking that Bitcoin is in growing position now.

[Coyster]

Hoping it is true.
Is there some kind of history to prove this? Want to read it.

If there is any kind of history to back this up, that I'm not too certain about, I've noticed that if market conditions improve, just as it has now, there are a lot of anecdotes, stories, observations etc on why X is so and why Y has taken this direction, this could just be a users observations, so just treat every info like this as being speculative, almost everything cryptocurrency related is anyway.

This has become a bullish trend this year so many coins have become stronger and prices have strengthened like bitcoin until now still moving.

This year hasn't started badly at all, if not for anything, it's beginning has been better than the last two years, can it be called a bull market just yet? I'm not an "expert" and I'll not be going too far to brand it just yet.

[Rodeo02]

- snip -

other than that many people is speculating that this year will be another start of bull market and those whales are now accumalating what they think is more valuable once its started.
Altcoin can give much more profit compare to btc thats why they are starting to accumulate now its a chance for them this is the reason why altcoin follow what bitcoin price movement .

[Ken_terrance]

Its better to play safe, mixing altcoins with bitcoin will make you feel ease on the long run, some coins are better and some are bad, the best to stay away from are new exchanges tokens, they can be scam projects, I prefer OKEX and few other top exchanges

[shadowdio]

I guess those exchange coins are also good for investment they just join the ride of bitcoin. The best exchange coins for me is Binance coin, it will reach $50 price for sure.

[justdimin]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Exchange coins are getting more popular among the new investors as well so the prices are really driving crazy. BNB is moving up vigorously which might be the sign that the alts seasons is arriving. The demand for such coins is usually rising because people find benefits in holding such coins which derives the price onto peaks.

Exchanges are the backbone of the decentralized markets and that is what makes them more popular because each and every investor/trader would always need a exchange to convert their funds and in this situation they would directly or indirectly use the coin used by that specific exchange(BNB in terms of binance) which would continue driving the price onto next peak.

[Marckolind]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Exchange coins are getting more popular among the new investors as well so the prices are really driving crazy. BNB is moving up vigorously which might be the sign that the alts seasons is arriving. The demand for such coins is usually rising because people find benefits in holding such coins which derives the price onto peaks.

Exchanges are the backbone of the decentralized markets and that is what makes them more popular because each and every investor/trader would always need a exchange to convert their funds and in this situation they would directly or indirectly use the coin used by that specific exchange(BNB in terms of binance) which would continue driving the price onto next peak.

Decentralized exchanges will take a great amount of the total trading volume eventually, because a LOT of people is sick and tired of all the KYC bullshit, exchanges freezing your funds, banning your account, or questions your incoming transactions for instance.

I'd much rather invest in a DEX coin, which will allow me to take part in the trading fees on the network, and earn DEX fee's passively, as I'll do on the Blocknet network soon (Once I've accumulated 5000 coins for a service node). Pretty much the reason it gained 300% the past month. Everyone wants a piece of the pie, I guess, haha.

On top of that, this project is working on a decentralized oracle network, which you can ALSO profit from by running a service node, win/win

[Thomas-s]

exchange tokens will always bring good profit to their holders but people should not buy all the exchange tokens that are created. Now we all understand which exchanges are the best and I recommend buying only these tokens.

[bearexin]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

A lot of people like to go for the trend because they feel that’s where they will make lots of money since when a token is trending the market price keeps increasing and investors would be gaining from it. It’s quite good to follow the trends if you can do that on time, but if not, then it’s probably not worth it because when you’re late everyone is dumping it on you and you end up loss.

Well, that’s going to happen anyway, there will always be people that will lose their money, it’s not everyone that is going to make profit from investing in cryptocurrency, and not just cryptocurrency, same thing with every other type of investment.

[letyouearn]

Exchanges are using Bitcoin pumps to manipulate their coins' price easily. People are happy and inspired when other crypto coins are growing rapidly. Money flows to exchanges and the are making some manipulations

[ohyeahhaha122]

I think, in part, it came from ico's success of the binance exchange when wrx was x3 when it started to open the list, and kept going up, gaining huge profits for investors, so many investors paid attention. pay much attention to ieo and start holding coin exchanges, especially in part, many exchanges have started to launch their own chain

[thiscomm]

all cryptos can move and continue to grow because of the additional transaction donations every day. like the exchanger you wrote, it can continue to grow because they receive a continuous supply of transactions every day so they have increasing popularity and numbers. so the more transactions the higher the price of the crypto as well as the exchanger.

[sulendra12]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

That's normal for them to invest, because they think they could also get the profit by following the trend. To be honest, I would also do that if I have money and I find the right time to do it. It's not just on those top coins, even the not-well-known as well.

[Vishnu.Reang]

There is a lot of speculation regarding exchange coins and in my opinion, the vast majority of them are heavily over-priced. If you ask me, I don't think that a coin such as BNB can have a market cap of $4 billion. I would calculate its fair valuation at a much lower level. Investors are accumulating BNB, because they expect the exchange to grow exponentially over the next few years. Now this is a very risky investment strategy, especially with cryptocurrency exchanges.

[Greatchu]

Would like to invest in exchange tokens but still they are all depending on bitcoin, I'm looking at huobi token but bnb token is the best yet maybe because its the most popular? I'm looking forward to catch new exchange tokens as well and watch them grow, so far no new exchange interest me

[Spider A4]

Exchanges coin still potential investment, exchanges coins have bright future because their roadmap making for long lasting. For such many things we are wanna to invest an exchanges coins. These coins profitable for hype like as BNB coin, most growing coin in last year among all of those exchanges coin. BNB is getting large market for IEO projects, this hype now BNB is touch 4 billion marketcap.

[Dellosoft]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

The hype around exchange coins died down, even though I benefited from exchange coins during that season. It's good to always follow the trend, the aim is to make profit lol.

[Bezobraznike]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

The hype around exchange coins died down, even though I benefited from exchange coins during that season. It's good to always follow the trend, the aim is to make profit lol.

   I don't think that hype around exchange coins died! I think we will see a lot more from them in the upcoming years. Binance coin
is not just an exchange coin, they are a platform with DApp's on it, with constant coin burning they lower supply and that will
affect the price, as more usage. There are a lot of benefits from holding Binance coin, same as some other exchange coins.

[Rodeo02]

-snip-

Actually there are many exchange making thier own coins just to follow what binance success story.
Having thier own coins and make thier own demand is what binance do to BNB.
But those copy cat do not have anything to offer other than you can use it to thier exchange and lessen the fees for widrawal.
There are many of them even new exchange before they launch make thier own coin to think that they can also earn money having that.
success of binance  (BNB) will not gonna happen to other exchange unless they invented other use of thier coins and can also list to other exchange.

[omone1]

Exchange coins are still profitable because they use their revenue fund to pump the token to attract traders and holders and as form of competition with other rival market, but Coinex is one exchange that will make you think wise with exchange token, the team pumped CET and dumped on investors who had locked their tokens for revenue. They screwed all investors. Not all exchange token is a good investment.

[ATSgrowth]

They have a real use case so investors are constantly buying them because they have an advantage when they hold these coins, while the offer is decreasing = the reason why price is growing.

[thesmallgod]

most time, exchange token is used to pay for transaction fees and also the Listing fee. This makes them to always fluctuate in price. Some exchange token such as BNB has proven to be a very good exchange token especially for the people that intend to invest for a medium period. This is because anytime there is a new project listed on the launchpad, there is always a high demand for BNB in order to participate in the token sales and this caused the price of BNB to always go up making it profitable to the hodlers

[TWW]

They have a real use case so investors are constantly buying them because they have an advantage when they hold these coins, while the offer is decreasing = the reason why price is growing.

when demand increases, of course, it will affect the price. this happens to all coins. but in the case of the current market movement by bitcoin which is getting stronger, of course, it will create an upward trend on all altcoins. and we can see it now. as for if there is a decline then it happens because many people who sell to prefer to have bitcoin. not only coin exchanges but all altcoins seem to be having a confusing time for holders now.

[ntsdm1]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Yes, these coins have made many rich. Personally, I really regret that I did not buy BNB at a very low price about 1 year ago. Someone on the forum advised me to do this, but at that moment I did not attach any importance to them. But in vain. Now I try to buy own coins of only top exchanges.

[monineklutak]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Yes, these coins have made many rich. Personally, I really regret that I did not buy BNB at a very low price about 1 year ago. Someone on the forum advised me to do this, but at that moment I did not attach any importance to them. But in vain. Now I try to buy own coins of only top exchanges.

We know that BNB does still have the potential to reach the new ATH again, because the altcoin season in the past year has not come, but this year seems so bright, you can buy BNB with your money now, time accumulated

[semobo]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Not all exchange token's were moving up,only the exchanges which got more trading volume so its understandable why they were moving since people tends to use exchanges more often in bullish trend than normal swing days so they will use exchange tokens to reduce the fee which is the only reaon why those tokens are getting more demand and price as well.

[XCANA]

   that's one beautiful things about speculation and the those exchanges will pump their token for visibility. I have invested in some of these exchange tokens and can vouch for them to be one of the best investment move I have moved from over 7 years now. They tend to move these tokens when the price of Bitcoin get bullish. They always get some decent pump which eventually yields more profits among other altcoins around the cryptosphere. Everyone of these exchange will like to promote their own tokens to investors.

[nekonyun]

because altcoin exchange has uses that are used by traders every day such as fee discount, this makes traders buy altcoin exchanges and also the altcoin dev exchange increases their altcoin exchange prices

[bttmember]

Looks like only big exchange tokens or the exchanges that have good utility and use of their tokens are in demand and prices are increasing nicely but there is other side of story as well, many new or upcoming exchanges that had their tokens are either struggling, closing or failing as well, just look at coss, it is still struggling after 2 years of operations because of extremely low volumes, many others are in same situation, while, cobinhood has closed and many like ironx and bcnex seems to be failing already.

[Chuky92]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Exchange coins are becoming more profitable nowadays unlike back in the days. Nowadays the tokens good exchanges which are changing this space are rewarding its users, although it has its own ups and downs. But the main point is, holding the token of trustworthy exchanges is far better than hold some random altcoin which has no future. Take a look at Binance exchange and it's token, who wouldn't want to hold it bearing in mind the exchange keeps advancing for good. So in my own opinion I would say, the reason for price increase is owing to how solid they are.

[royalfestus]

Looks like only big exchange tokens or the exchanges that have good utility and use of their tokens are in demand and prices are increasing nicely but there is other side of story as well, many new or upcoming exchanges that had their tokens are either struggling, closing or failing as well, just look at coss, it is still struggling after 2 years of operations because of extremely low volumes, many others are in same situation, while, cobinhood has closed and many like ironx and bcnex seems to be failing already.

The volume looks to be the vital factor for the increase in exchange prices lately, obviously not IEO cause we have only few in recent months. Binance had its token burn recently which could also be a factor, however, not all exchanges are the beneficiary of the token price pump. Some exchanges announced slash in transaction fee recently, its also a attractive measure for users' adoption of exchange.

[MWesterweele]

Looks like only big exchange tokens or the exchanges that have good utility and use of their tokens are in demand and prices are increasing nicely but there is other side of story as well, many new or upcoming exchanges that had their tokens are either struggling, closing or failing as well, just look at coss, it is still struggling after 2 years of operations because of extremely low volumes, many others are in same situation, while, cobinhood has closed and many like ironx and bcnex seems to be failing already.

The volume looks to be the vital factor for the increase in exchange prices lately, obviously not IEO cause we have only few in recent months. Binance had its token burn recently which could also be a factor, however, not all exchanges are the beneficiary of the token price pump. Some exchanges announced slash in transaction fee recently, its also a attractive measure for users' adoption of exchange.

Because of the rising demand that's why exchange coins is also moving up. Also some of crypto begin to rise when Bitcoin is increasing, For me it's a sign that your coin is become known and it's means many people are interested to it, also its mean your coin is really worth it.

[Shallow]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I did that too, like seriously went for some exchange coins although I sold at loss on one hand and made profit on the other hand, therefore I can say some exchanges tokens are worth holding while others aren't. To confirm this, taking a glimpse on exchange tokens like Huobi and Binance for instance one can see the growth as well as the team's efforts to ensure a continuous improvement, this what makes those tokens to always bounce back after a bad or bear market. So in own opinion, exchange tokens are still altcoins but good ones in this case thus not a bad idea holding some.

[strunberg]

exchanges will be the first coins that take advantages from market recovery. money flow from investors and traders coming massively to them after market confident and sentiment recovered. in this condition exchanges could earn or generate profit from operation fee, such as trading fee or withdrawl fee. as profitable subject it will make their investors confidence and courage to buy more exchanges coins in order hope to get maximum profit in future. if we see on exchanges coins rate history and compared with market capitalization its have same direction. and maybe binance be the number one.

[coinmaster241]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

My opinion is that they are legitimate to do it all, after all, for the sake of the development of their platforms as well, we also feel the benefits as more and more people invest in tokens on the trading platform.

[nreal]

I think the exchange rate hike is due to the strong price increase, Another reason is that okex launches its own blockchain and DEX makes OKB reach new heights, thereby promoting the coins of other exchanges.

[cassavachips]

Currently investing in coin exchange is indeed very profitable, especially with coin exchanges which are now popular or used by many people, such as Binance and Kucoin.

[BitcoinPanther]

That is just a normal thing for Altcoins to follow the movement of Bitcoin. Since Bitcoin serves as a reference of Altcoins growth in the market as well as it's price. I guess that is not a solid characteristics of an exchange coins that will say that an Altcoin will be a good one.

Investing in coins is a very good decision especially when and I am thinking of something profitable. Some coins became popular because of some proven strategies.

[Psynthax]

I think the exchange rate hike is due to the strong price increase, Another reason is that okex launches its own blockchain and DEX makes OKB reach new heights, thereby promoting the coins of other exchanges.

OKB was still in the hype caused by the launch of its own blockchain but what has already done by okex is very similar with binance and i think if okex was doing what has been done by binance before.
The fact if exchange site token gives more guarantee rather than native coin.

[Vishnu.Reang]

After all the scams involving shitcoins over the past few years, users have now come to a conclusion that only coins having real life usage can be trusted. And when we talk about real life usage, there can be no better example other than the exchange coins. And this is one of the reasons why many of these coins such as BNB and Huobi Token have gone up steeply during the past few months.

[coin-investor]

Its good move if one wants to invest in exchange tokens or coins, but not all of these coins are good, binance coin (bnb token) is very good in value today because the team put the token at good use on the exchange, it all depends on the team's move

We used to have hype in exchanged based token and there were so many exchanged based token, launched in the past, but after getting funded they are all gone and did not even bother to set up their platform, some of these are Adab, Bitmillex, Ironx Xera the list is very long and so many new coins based on exchanged are still coming up, I don't recommend investing in these kinds of projects.

[imstillthebest]

this didnt happen when btc moves up but  before when btc is still down , there was already a huge demand on these type of coins and yeah they pump extra ordinary  . a few that i witnessed pump over 200 percent was , bnb coin . no exact reason behind this   .  lets assume they pump because they are backed by big exchanges   . thats it   .  the exchange can manipulate the coin or they can make a gimick like for example if those who hodl lots of thier coins will earn some gifts .

[Hamzy7455]

Its absolutely good in opted in for exchange tokens or coins, but only few are worth it due to thousands of project with poor team, BnB,hob etc are doing good because of efforts of the team

[Bezobraznike]

-snip-

Actually there are many exchange making thier own coins just to follow what binance success story.
Having thier own coins and make thier own demand is what binance do to BNB.
But those copy cat do not have anything to offer other than you can use it to thier exchange and lessen the fees for widrawal.
There are many of them even new exchange before they launch make thier own coin to think that they can also earn money having that.
success of binance  (BNB) will not gonna happen to other exchange unless they invented other use of thier coins and can also list to other exchange.

   Rodeo02 I agree with you, other exchanges are trying to do the same as Binance, but with the right we can doubt that
Binance success can be copied by some other exchanges. What can they invent? Holders of the exchange coin have
dividends, some benefits for trading and that is it.
    My point is that Binance is doing it, other exchanges trying to do the same, so hype is not over. Maybe we will see some
surprises and new inventions in the future, we need to be opened for stuff like that.

[TheGreatPython]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I know if you pay your trading commission with BNB then you will get discounts. Is this kind of option available with all other coins that you have mentioned? If so, then there must be continuous buyers for them and the exchanges which are collecting the coins as fee may not dump back so that their coins will reach some considerable big values in short period of time like how BNB has achieved.

Recently the binance's sister concern wazirx launched their own exchange coin WRX but not specifying anything about its application like trading fee with discounts. If exchanges launches their coins/tokens as fund rising method then they get dumped over the time but if they open doors with any possible application (like BNB) then there are more possibilities for those coins to get bumped regularly.

[Mealea]

Exchange coin is one good coin. Exchange coin can bring a lot profit if we can hodl for a long time. It is one good coin that everyone should invest into.

[chennappa121]

Yes you are right bro it all depending on the exchanges reputation in crypto market because if we invented good reputation crypto exchanges coins or tokens like a bnb, okb and some more those will gives good retrains when the crypto market in bullish. so we have to choose the good exchange coins for investment.

[jerrison]

investing in xchange token is more than considering the roadmap o the excahange and also the timeline, it is even more than the liquidity the exchange has, these cases have been noted to be undeniable in the example of Bittrex exchange that has enough liquidity but then, still it has challenges with innovation and considering the dimension of the technology and how to solve the challenges as they arise because every solution provided has in store a new challenge and that is what the Binance exchange holds that makes it a step ahead of others.

[jacafbiz]

To be sincere we all know that exchange tokens are some of the selected few projects in the space that have real usecase, and when volume start building up and increasing on exchanges the way it was this month, the trading activities increases, the usage of these tokens increases and so is the demand for them because people want to make the most of the incentives of using them for paying transaction fees

[crzy]

Currently investing in coin exchange is indeed very profitable, especially with coin exchanges which are now popular or used by many people, such as Binance and Kucoin.

These coins is the best as an alternative with bitcoin and eth. I do invest on BNB since they introduced the IEO and their own technology, from there I earn big and that makes me believe that having a good system can boost up the value of your coin and its really one of the sure investment to take profit.

[Thomas-s]

Exchange coin is one good coin. Exchange coin can bring a lot profit if we can hodl for a long time. It is one good coin that everyone should invest into.

not all exchange coins will be good, so you should choose what to invest in as well as in any other altcoin. You also need to follow the events that occur on the exchanges. any negative news can destroy the coin, because it is completely dependent on the exchange. Exchange tokens are the same altcoins that require deep analysis

[alani123]

One of the good things with exchange coins is that they have the opportunity to have a slight deviation from major coins when prices are falling under a bearish market. Their utility makes them useful even when prices are falling, as they serve a purpose of decreasing fees and earning through the exchange via volumes, not just crypto prices. So increased volumes, even under a falling BTC price, would have exchange coins more protected other than other altcoins which are known to be greatly correlated to BTC.
But still, there's big correlation. Bearish sentiments sweep markets and so do bullish sentiments. Maybe when prices rise exchange coins could have the upper hand though.

[sangjoewara]

Exchange coin is one good coin. Exchange coin can bring a lot profit if we can hodl for a long time. It is one good coin that everyone should invest into.

What good coins should everyone invest in? because there is also a coin exchange that is not good even though we want to struggle for a long time, this is what we have to be able to sort out, so we don't think all the coin exchanges are good.

[aemma]

These exchanges you mentioned are good and therefore holding their coin is also a good move because with upgrades or improvements leads to more value and we all knows what it means for a token of be valuable. On the other hand, there are exchanges which has failed to make their own token attractive or stand out and therefore can't be compared to these ones aforementioned. So it's right to say, the type of exchange token we tend to hold is very important. In addition, I can say that, their increase in price can also be likened to the movement in the market which many other altcoins were part of.

[awakpane]

In my opinion, BNB, OKB, BIX, and HUOBI are indeed good investment coins, not just now. for example BNB, besides having its own exchange, this coin does have good potential for investment. especially now that they continue to pump up significant prices. I think this is good news for investing in one of these coins.

[Barbut]

Two reasons: 1. More traders, 2. Burning! With more traders on the exchange, more commission charged, higher the volume, higher the payouts. The second reason is burning, some exchanges are burning their coins and cutting the supply, that affects the price.

[joinfree]

The reason why exchange coins move up regularly is the liquidity and demand that is created for it by the exchange platform. For instance, some exchanges offer reduction of fees for users who trade using the native coin/token of the exchange as fees. In addition, others also burn some of their currencies from time to time to reduce the amount of their coin in circulation. Consider Binance coin for example, they burn some of their coin periodically and this has contributed in its price growth.

[ballerin and giroud]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Lets say those exchanges are successful to attract many people to use their platform and as an income their own token will up because there will be many people who believe that the token is a good to be use for their investment place. But I doubt when there are some new exchanges that popping up and have its own exchange, I think that hard thing to do to choose the coin/token to be use for an investment because we don't know that the exchange is not a scam. I think if you are interested to choose an exchange coin then you should choose some exchange that have been known and have good reputation on this place.

[RealMalatesta]

As long as exchanges hold the power their coins will continue to rise as well. Right now it is estimated that all exchanges combined "owns" over 10 million bitcoins which we already have just 18 million total, so they control over 50% of all crypto in the world and that is a big trouble but at the same time causes the exchange coins to go up as well.

If you gave power that much to any other person you would fear about the power they posses, think of a bank holding 50%+ of all the national fiat in your country, that is scary right, even the biggest of biggest banks do not have that type of power over any nation, which means centralized exchanges just have too much power and we have to show that respect towards their coin as well since we already gave that much respect by giving them our money.

[davinchi]

These exchanges you mentioned are good and therefore holding their coin is also a good move because with upgrades or improvements leads to more value and we all knows what it means for a token of be valuable. On the other hand, there are exchanges which has failed to make their own token attractive or stand out and therefore can't be compared to these ones aforementioned. So it's right to say, the type of exchange token we tend to hold is very important. In addition, I can say that, their increase in price can also be likened to the movement in the market which many other altcoins were part of.

These coins which are backed by exchanges are also used by the exchanges to minimize the trading fees which gets much helpful for the traders for cost cutting. This makes a lot of investors find interest in holding such exchange coins for their own benefits. This increases the demand for the limited supply of coins and it leads to price growth.

These coins would also have higher prices in the coming future as their demand would never depict and more and more new traders/investors would keep on joining these exchanges to create a secondary steam of income. This would drastically lead for a price pump. That is the reason why I love holding exchange coins.

[bearexin]

There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

Usually bitcoins carry most of the altcoins along in any type of rally. Current markets are moving in ascending position which is even making some utility coins, tokens, etc follow the path open by bitcoins. This is been seen from a long time. The graphs for those coins you mentioned above are much similar to the graph of bitcoins. That is the reason why I mainly focus on the graphs of bitcoins to understand the trend and market movement.

Considering the 1 Day graph of bitcoins, a more bigger pump can be expected in few coming days which would also pump the price for major altcoins including he coins backed by exchanges. Usually people maximize the use of any exchange in terms of bull runs and this might be the another reason why such coins start showing huge pump.