New exchange tokens worth investing on???

[ElmedoRator]

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.

makes me think of the BCNEX Exchange, I'm a fan of BCNEX but that was past, now they are SCAM, maybe a lesson for us is that new exchange is very dangerous, don't always believe

I also used to think that they would become a major exchange in this market because they ended the ICO with $ 30 million. But eventually this project became a scam and caused many investors to lose money, away from exchanges in this market because it was too dangerous.

[kaneki007]

I think it depends on the exchange because there are some exchanges that have large volumes but the tokens have very small trading volumes, maybe because of new projects or unable to compete with other projects. So it's better to buy a token that is certain just like the list you mentioned.

[Japinat]

I also used to think that they would become a major exchange in this market because they ended the ICO with $ 30 million. But eventually this project became a scam and caused many investors to lose money, away from exchanges in this market because it was too dangerous.

You'll never know if the project will succeed or not by just looking at how much they raise, if in the past, a lot of projects failed though they raise a big amount of money during the crowdsale, so much more if a project raise that amount during the times the market is not bullish.

$30 million is big enough to develop the project, but if the team is not active and they will just scam, that figure will only be useless. 

[bayudndy]

I also used to think that they would become a major exchange in this market because they ended the ICO with $ 30 million. But eventually this project became a scam and caused many investors to lose money, away from exchanges in this market because it was too dangerous.

You'll never know if the project will succeed or not by just looking at how much they raise, if in the past, a lot of projects failed though they raise a big amount of money during the crowdsale, so much more if a project raise that amount during the times the market is not bullish.

$30 million is big enough to develop the project, but if the team is not active and they will just scam, that figure will only be useless. 

But for $ 30 million, it will help the project grow if they are legit. They could easily become one of the top exchanges with such large sums of money. But they decided to scam and exit this market, shameful

[Vishnu.Reang]

I am a bit reluctant here. Exchanges represent perhaps the most unstable component in the cryptocurrency ecosystem. During the last 2-3 years, we have seen huge number of exchanges closing down, with some of them being exit scams. In several cases, well reputed exchanges such as Mt Gox and Cryptopia closed down all of a sudden, resulting in huge losses to the clients. Now how can we trust these new exchanges, at this point?

[LazerPanther]

All tokens of major exchanges in this market are worth investing. Binance, Okex, huobi, Kucoin ... never miss the opportunity when the prices of these tokens go down. Fill your bag when possible

[krayzie32]

All tokens of major exchanges in this market are worth investing. Binance, Okex, huobi, Kucoin ... never miss the opportunity when the prices of these tokens go down. Fill your bag when possible

I agree with you. However, be careful because not all coins in this market can rise together because cryptocurrencies are often difficult to predict. I only prefer to buy the coins listed at Huobi because there are coins here that are very cheap and often pumped very high when good news comes out. Besides, Huobi exchange has many ways for you to make money during this period.

[quality.crypto]

I think it depends on the exchange because there are some exchanges that have large volumes but the tokens have very small trading volumes, maybe because of new projects or unable to compete with other projects. So it's better to buy a token that is certain just like the list you mentioned.

We should also understand the market situation of the company because there are no active developments in a timely manner, some are taking more time than what we expected from them, this makes many companies losing their trading volumes. That's why it is always good to check volume-based coin for investing.

[TopTort777]

Remember that all exchanges were once new before reaching the height they are now. It takes a professional and experienced team to develop projects especially exchanges to its peak. Hence to know that a new exchange token is worth holding, the investor cannot do without researching into the team behind it. Also look out for the type of services they will provide that will make that exchange unique from the rest.

You say that “new exchange token is worth holding”, but how can you be sure that this exchange will be successful? There are too many exchanges on the market at the moment and new appear every week. They dont bring anything new, so why would be successful and it is worth to pay attention to them, when you can always use “good old exchange”?

[mdzahed134]

New exchanges are risky, don't not risk it, I'm still tracking ez365 exchange token to see how zealous they are but nothing is guaranteed with new exchanges, go for Okex token, still cheap and profitable

Ez365 is poor development exchange, they still working to launch but it’s will delay because of durning this pandemic period they can't work. I don’t count it, because still this project not traded. Wazrix is the promising exchange as far as fresher, most important thing Binance acquired this project, so it’s future bright. Okex token almost guaranteed for a long term.                     

[Dart18]

First pick will be BNB.
But you might not maximize the profit since its kinda late.

2nd pick will be OKB.
It's because of the reputation. Chances of profit is still intact unlike with BNB.

[junkerr]

First pick will be BNB.
But you might not maximize the profit since its kinda late.

2nd pick will be OKB.
It's because of the reputation. Chances of profit is still intact unlike with BNB.

I might be more interested in BNB. because with the support of large exchanges, I think the adoption of BNB could have increased with several updates that made demand increase. the system is the same as the coin exchange, but the big name and big trade will be the strength of the coin exchange.

[carlisle1]

First pick will be BNB.
But you might not maximize the profit since its kinda late.

I think it is still reasonable to invest in BNB but only if he can afford to wait longer because binance coins are good for long term investing and not for short term .

2nd pick will be OKB.
It's because of the reputation. Chances of profit is still intact unlike with BNB.

Well OKB has a reputation but i much believed in Binance than this one,though we have different out look for each investments we’ve done.

Remember that all exchanges were once new before reaching the height they are now. It takes a professional and experienced team to develop projects especially exchanges to its peak. Hence to know that a new exchange token is worth holding, the investor cannot do without researching into the team behind it. Also look out for the type of services they will provide that will make that exchange unique from the rest.

You say that “new exchange token is worth holding”, but how can you be sure that this exchange will be successful? There are too many exchanges on the market at the moment and new appear every week. They dont bring anything new, so why would be successful and it is worth to pay attention to them, when you can always use “good old exchange”?

Yeah New exchange is a risk compared to those who’s in active now,and seems op is just looking for quick profit and not ready for long term investments .

[bittraffic]

Remember that all exchanges were once new before reaching the height they are now. It takes a professional and experienced team to develop projects especially exchanges to its peak. Hence to know that a new exchange token is worth holding, the investor cannot do without researching into the team behind it. Also look out for the type of services they will provide that will make that exchange unique from the rest.

You say that “new exchange token is worth holding”, but how can you be sure that this exchange will be successful? There are too many exchanges on the market at the moment and new appear every week. They dont bring anything new, so why would be successful and it is worth to pay attention to them, when you can always use “good old exchange”?

KoinPro for instance. Its an exchange token but this exchange hasn't proved anything yet we don't know yet if their exchange will really be that successful knowing there are already exchanges better than them. We don't know yet if there will be volume to this exchange after, they might even be a scam. But the exchange that had been live already with a good amount of traffic from them will definitely have a good exchange token.

There are some of them that only have less than 200K volume but they are still in the business for years, that's a good sign because over time they'd earn more traders and their coins will rise.

[kesmex]

All tokens of major exchanges in this market are worth investing. Binance, Okex, huobi, Kucoin ... never miss the opportunity when the prices of these tokens go down. Fill your bag when possible

It seems that coin exchange has become a buying trend for investors, seeing that the price of BNB, Huobi Token and KCS has experienced a good increase, making this coin a great demand in the market, it is good, time to buy  

[lumeire]

All tokens of major exchanges in this market are worth investing. Binance, Okex, huobi, Kucoin ... never miss the opportunity when the prices of these tokens go down. Fill your bag when possible

It seems that coin exchange has become a buying trend for investors, seeing that the price of BNB, Huobi Token and KCS has experienced a good increase, making this coin a great demand in the market, it is good, time to buy  

These coins have already seen pumps and I believe that they are already pumped and not worth investing on, you can check WRX it was listed a couple of weeks back on binance and is the coin of one of the largest Exchanges of India. So it is worth investing for if you ask me, the Price also didn't pump after getting listed on binance which is the usual trend now a days that every coun that gets listed on binance immediately takes a bull run and after a couple of weeks the trading volume decreases.
So if you ask me WRX is worth checking out.

[coinfinger]

Well, binance managed to make their own tokens worth a lot, hence people think that all exchange tokens will worth something, but not everywhere is binance so that wasn't really a good idea to begin with. Of course there is still a ton of good exchanges for exchange purposes, but just because you are a decent exchange doesn't mean your token will be good neither.

Moreover raising a lot of money for a project is not easy, but getting all that funding to use properly and actually make that project awesome is even harder, you could raise 30 million dollars which is still something that sounds impossible to me but they do, but even when you do that, spending that 30 million in a way that will make the coin go up even higher than 30 million in market cap is the real difficult part when everyone looks to sell and make a profit.

[Chuky92]

It is true that exchange's tokens are worth holding and of course it depends on the exchange. I could remember there was a time I invested in an exchange token owing to the hype surrounding it and it went really bad for me, I can't really remember the exchange. However, what I think is, these already developed exchanges has taken their positions through constantly improving on their ideas while on the other hand, upcoming exchanges aren't even doing much to make a name for themselves thus making it difficult to find an upcoming exchange which will be worth holding its tokens.

[poodle63]

I think it depends on the exchange because there are some exchanges that have large volumes but the tokens have very small trading volumes, maybe because of new projects or unable to compete with other projects. So it's better to buy a token that is certain just like the list you mentioned.

That's not true. The majority of big exchange sites have already owned by volume for its coins.
Did you see how AXX token has been getting a very big daily trade volume? The problem is some times the investors must have needed to see the regular update.

[shaheer001]

The token you mentioned here are introduced by top-ranked exchanges and now these tokens are in a very strong position having huge communities. But any new exchange need much time to build reputation and community as you yourself said in start these tokens were cheap and with time being the exchanges become more promising and get more investors/traders and then these coins are now top-ranked.