koang
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March 31, 2020, 01:29:09 PM |
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Every new exchange always has the same opportunity to be great as long as their platform is up-to-date with security guarantees and user data will be stored at the bank level. That depends on the quality of the developer and the vision of the people who run the project But with so many exchanges available, competition to attract more users will certainly be tighter and for now investing in a new exchange project is not a good choice.
The best choice at this time if you want to invest in crypto is bitcoin. This is the safest choice for investors
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Bonwin
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March 31, 2020, 01:34:08 PM |
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Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
This opinion is classified. The reason being that a lot of those exchanges might come up with their own tokens, but not every one of them will have valuable tokens. The first thing an exchange team should go for is to ensure that their exchange becomes a valuable asset first. If they succeed in doing that, then they can now come up with their own tokens, not minding the blockchain they are using for it. Binance had succeeded in gaining ground first, then came up with a token, which at the initial stage seem to worth nothing, but after some time, those who are still holding are in big profit, which is envisaged to have to potential to keep growing. However, some exchange tokens are as useless as the exchanges that created them.
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bttmember
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AMEPAY
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March 31, 2020, 01:49:18 PM |
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I think only binance, okex and houbi have proven to be successful most other token based exchanges are still struggling and some have even failed by now. I liked kucoin as well but they have restricted my country so i was forced to leave kucoin. I do not see any other promising exchange to be honest as of now.
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thisnewcoin
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Convert Crypto at BestChange
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March 31, 2020, 02:01:20 PM |
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To be honest, those days are over now, I don't think any other exchange token can reach the Binance, Kucoin, Huobi exchange tokens level! Back then everything in crypto was great, scammers were less, honest developers were much! But right now, the situation is almost opposite about new projects! So, better don't regret why you missed the BNB at a low price, buy good coins at a low price and hodl them or do the trade! No new exchange can come in the top ten real exchange rank!
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umbara ardian
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March 31, 2020, 02:29:07 PM |
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I think only binance, okex and houbi have proven to be successful most other token based exchanges are still struggling and some have even failed by now. I liked kucoin as well but they have restricted my country so i was forced to leave kucoin. I do not see any other promising exchange to be honest as of now.
Kucoin is just a small exchange, I do not overestimate this exchange. I have been using it for a while and found that this exchange used a lot of bot trading and their support team was also working very slowly.
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Asuspawer09
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March 31, 2020, 02:41:32 PM |
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Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
I could really see a lot of progress in the Binance Exchanges and I think they are already one of the best exchanges when it comes to cryptocurrency and I think Binance is already number 1 cryptocurrency exchanges. Also, there are a lot of top exchanges that were popular in the past year but didn't continue to be at the top because of the lack of innovation I think so I think balance is really doing a good job adopting in different countries. You could see a lot of updates here in my thread: https://bitcointalk.org/index.php?topic=5233006.0
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Valzador
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March 31, 2020, 02:55:34 PM |
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Kucoin is just a small exchange, I do not overestimate this exchange. I have been using it for a while and found that this exchange used a lot of bot trading and their support team was also working very slowly.
You are free to argue about kucoin, but it would be nice if you include evidence or data from your accusation in the form of articles or the results of your analysis which must also be accompanied by valid data so that we can discuss based on data, not opinion.
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Pandji02
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March 31, 2020, 03:12:23 PM |
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Kucoin is just a small exchange, I do not overestimate this exchange. I have been using it for a while and found that this exchange used a lot of bot trading and their support team was also working very slowly.
You are free to argue about kucoin, but it would be nice if you include evidence or data from your accusation in the form of articles or the results of your analysis which must also be accompanied by valid data so that we can discuss based on data, not opinion. You know even if they do provide decent service - they lack marketing for sure. Every company has 2 main 'levers" - good service and good marketing. You can be profitable with shitty service and god marketing and vice versa. So even if I know that kucoin is decent I don't see why should go there if binance and coinbase are decent too, but I know them well.
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lobo13hf
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March 31, 2020, 03:26:55 PM |
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I think only binance, okex and houbi have proven to be successful most other token based exchanges are still struggling and some have even failed by now. I liked kucoin as well but they have restricted my country so i was forced to leave kucoin. I do not see any other promising exchange to be honest as of now.
Kucoin is just a small exchange, I do not overestimate this exchange. I have been using it for a while and found that this exchange used a lot of bot trading and their support team was also working very slowly. Im also using kucoin but the bot is not so much like when you are facing another major exchnge site. At least this exchange site is still reporting the real daily trade volume without a lot of manipulation that has already done by another major exchange sites or even crap exchange sites. I think kucoin is reputable enough.
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Wildwest
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March 31, 2020, 03:53:18 PM |
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In the year 2017 is indeed a lot of exchanges that can be profitable even we can get satisfactory results without any element of deception and at that time many exchanges are promising but see now that happens very reciprocal and we must Day-hearted in doing every exchange because many are doubtful, it all depends on the team that works.
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DDante
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March 31, 2020, 04:15:20 PM |
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Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
Yea you can't know how serious a team is until they prove you wrong, that's what happened with binance and Okex, and Okex exchange have some nasty troubles in the past but now they are better, you can never predict on new exchanges, most times they are bad
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istiak2277
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KUWA.ai
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March 31, 2020, 04:47:49 PM |
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Most of the exchange now creating their own token and sells those token for exchange developments. It is not a bad idea but the use of all of those token are the same. There are some exchanges that are token can give us good profit in the future like kucoin token. But most of the exchange token is shit and they are just trying to make money for themself from that.
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Wh00re
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March 31, 2020, 05:20:18 PM |
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Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
Decentralized exchanges will soon compete with the major centralized exchanges. I'm betting my money on Blocknet, since you can profit off of the DEX fee's if you run a node on their network, which could be very profitable long term when they take off and get more volume.
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TheCrinsomFucker
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March 31, 2020, 07:21:34 PM |
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Not many exchange tokens are really a game changer as most are just a death trap waiting for customers to help lead them to their early grave. Just look at Catex, they keep giving dividend yet their token is synonymous with scam, trade volume is shitty, Coinex made me think twice before ever gaming on new exchange.
Hey do you think the token Contentos (COS) still have future? it was raising to 0,011 $ before the virus, but now the cos.tv team anounced that they are at home because of the virus, and the COS is now 0,0048 $. Will this change after the virus be over? And if I am at the wrong topic, please send me the best link to discuss about COS, thanks.
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Odebowa
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March 31, 2020, 07:55:46 PM Merited by TimeTeller (1) |
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Exchange tokens: these are not issued or backed by any central authority and are intended and designed to be used as a means of exchange. They are, usually, a decentralised tool for buying and selling goods and services without traditional intermediaries. These tokens are usually outside the perimeter. Unlike air miles, exchange tokens trade freely on a variety of venues. As such it’s surprising that, despite the success of their issuers, the tokens themselves have not been more successful as investments
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electronicash
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March 31, 2020, 08:04:12 PM |
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they'd be more valuable in the coming years because not even 10% of the entire people on earth using crypto. when finally there will be 20% you could be looking over $200 to some of them from BNB to Houbi tokens.
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dainoran
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March 31, 2020, 08:19:34 PM |
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in my opinion there are still tin my opinion it is still binance and okex which can generate big profits in token exchanges. because they are trusted and safe.wo markets that can benefit greatly from the sale of tokens. because they are trusted and safe.
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MUG1WARA
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March 31, 2020, 10:58:47 PM |
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binance is no doubt because it is an exchange full of innovation. One example is their idea to do an IEO and a new exchange token just follows the popularity of the BNB and hopes to be like binance, but it's very difficult, cola see some exchanges now, one of which is BCNEX. When their sales were successful, but now they have postponed withdrawal for several months, it looks like this will be a scam project. so exchanging on an exchange top is better
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Utoy101
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March 31, 2020, 11:12:23 PM Last edit: April 01, 2020, 05:34:19 AM by Utoy101 |
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To be honest, before now no one would have imagine exchanges being able to provide such liquidity for tokens but with the current condition of the market, exchange coins are the ones with high values because they get used everyday by traders. With constant innovations and development to their exchanges, even their token price do follow suit in an uptrend manner.
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Baoanhbmt
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April 01, 2020, 12:36:27 AM |
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Now it is pretty hard to list new token on famous exchanges due to high demand, every project would like to be listed on Binance. Meanwhile in new exchanges we still see high risk if suddenly be scam exchanges or at least there is no trading volume there. binance now be most popular exchange in market and i think to changed it very difficult ,moreover binance team always develop feature regularly. The current popular trend is IEO, so this is an opportunity for the exchange to maximize the utility of its coins or token exchanges to be used by investors to join IEO , an effective way.
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