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Author Topic: New exchange tokens worth investing on???  (Read 1816 times)
JHORN (OP)
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May 14, 2020, 01:02:14 PM
Last edit: May 16, 2020, 04:45:47 PM by JHORN
 #1

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

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May 14, 2020, 01:30:54 PM
 #2

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information
why not buy the tokens of these so called successful exchanges just like you've claimed.. instead of buying into new exchanges you're not even sure of?? just because those 3 exchanges you've mentioned are successful so far doesn't mean other companies who'll follow same step will make it big in the crypto space.. else you have alot of bag and you're ready for too gamble with your cash
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May 14, 2020, 01:35:36 PM
 #3

You never know which one would go moon next. There are a couple of exchanges I'm looking at that seems promising to have a better future.
Probit is already a popular exchange and it's token though already increased by some folds is still not that high in price. It's in fixed amount and they're providing 12% annual interest on staking the token. Another popular token in my opinion could be CET from coinex exchange. They have some juiciest fees for holding CET and they also burn it regularly.


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May 14, 2020, 01:49:54 PM
 #4

why not buy the tokens of these so called successful exchanges just like you've claimed.
Maybe he has already those exchange tokens that's why he's asking for aspiring exchanges that has its own tokens that can be the same as those large exchanges. I have not used these exchanges but I know they have their tokens as well.
- WazirX
- Kucoin
- ZB token
I think there's more of them but that's the few that I can name.

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May 14, 2020, 01:52:59 PM
 #5

I'm not a fan of new exchanges because I'm been hurt by two new exchanges that are now no more, the only one I can recommend is wazirx, its growing fast now and it's well supported in India, it seems wazirx can stand up to binance someday, the team are damn serious and ambitious

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May 14, 2020, 01:53:57 PM
 #6

These tokens are worth it cause these are top exchanges especially Binance that you have privilege to join their IEO if you got lucky to win their lottery method.

I like binance set uo compared to those two, and many traders prefer to join IEO on their exchanges. Also sometime they have community voting and users holding bnb tokens can have rewards by participating. But if ever you are gonna buy these three are all okay for good investment.

Even those platform probably did not expect that they will boom until now. Thanks to IEO process and their platform will continue to grow and even increase their token prices.



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May 14, 2020, 01:58:04 PM
 #7

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

You should bet on wazirx and i think that binance has also some side exchange sites that operated by the team a part from the binance exchange site too. Wazirx is one of these exchange sites.

that coin is really worth to take a look at this moment.

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May 14, 2020, 01:59:44 PM
 #8

This exchanges have been dedicated to their community for them to have reach the top and that's how you figure out which new exchange token to buy.

You can check the history of how the top exchanges started and all of there features and success, then use same way to judge the new exchange. And if you don't want to, you can invest in there use case, for example, Binance IEO.
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May 14, 2020, 01:59:53 PM
 #9

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

They are popular exchange that's why their own coins also get the value.

If this three exchange successfully manage to make the coins the demand they want it doesn't mean all exchange that have their own coins will also have the same success as them.

More user's of the exchange means possible more demand of the coins they own.

Don't just buy an exchange coins take a look what will be the plan of the owner of the exchange with his own coins.

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May 14, 2020, 02:22:25 PM
 #10

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information
Your title is a bit misleading. Fix it. At first glance, it sounded like you were talking about trying our new exchange platform.
You think its "worth the risk" just because few tokens out of hundreds succeeded? If you do the math, its highly unlikely you would be making a good investment.
Invest on those three you mentioned if you like "taking risks". You never know, those three tokens might die too one day.

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May 14, 2020, 02:46:05 PM
 #11

You've made mention of the best exchange tokens already why seeking out for another? 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

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TheICE007
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May 14, 2020, 02:54:42 PM
 #12

I understand your point clearly, once upon a time,these exchanges that we do much value were in it's nearly stage and so many people doubted it's authenticity, but with time they became one of the most treasured exchanges, well it won't be bad idea if you find any new exchange that is trustworthy to invest in, you can invest the little you can risk if you find.

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May 14, 2020, 03:17:34 PM
 #13

You've made mention of the best exchange tokens already why seeking out for another? 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
all exchange tokens have character influencing the updates and news issued by their exchange. when exchanges make major updates that can make their token adoption increase then that is the best way to profit. but this also works to the contrary, because when exchanges get bad news the effects will also have an impact on the value of their coins.
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May 14, 2020, 03:26:03 PM
 #14


Exchange tokens are often for trade fees and staking which is a profitable investment when the exchange gets a lot of trade volumes a day. BNB is just the right investment for someone who wants to trade and profit from investing as well.  There are other exchanges as well so it will only be up to you which one you prefer. 

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May 14, 2020, 03:27:04 PM
 #15

BNB Token is the most costly among the others you mentioned, BNB token is trading at 15-16$ but Okex is at 5$ today, these coins re still buyable right now, bnb token can reach 50-100$ in future and Okex ain't bad either, yesterday Okex token was 4$, forget new exchanges until you are sure that a particular one is good, like wazirX
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May 14, 2020, 03:44:48 PM
 #16

The criteria and competition for exchanges has become very tough now so you cannot just jump into every new exchange platform rather you need to perform checks and due diligence and may be you will find one amonv dozens that can go as far as binance and okex but i think next exchange boom will only come when crypto market will hit new all time highs like 2 trillion trading volume only then a new winner exchange will emerge because it will be able to handle latge userbase, volume and transactions.

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May 14, 2020, 03:59:15 PM
 #17

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX  (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

You right these exchange coins were once dirt cheap but you still cannot guarantee that you will be able to profit by investing in a new exchange. For instance you can check kucoin they also have their native coin. At the moment it is cheaper than the above listed coin. You shoul give it a try.

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May 14, 2020, 04:04:59 PM
 #18

My favourite is Binance still. I've used OKEx, Kraken, KuCoin and Bittrex mostly in the past years. And they are all fairly good. It all depends on what you want to buy, and for how much.
There are lots of other new exchanges that I've never heard about when checking Coinmarketcap or similar. Mostly are full of fake volume, so rather just keep to the main ones. And not the ones from some dodgy little Island paradise where it is more likely they will scam you at any point.

You can find some other exchanges here also (https://gocryptowise.com/exchanges/).
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May 14, 2020, 04:06:14 PM
 #19

If you've considered 99% of new exchanges to be bad, why did you decide to invest when there was only 1% chance of winning ?. Why don't you invest in Binance, Okex your chances will be higher?

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May 14, 2020, 04:14:31 PM
 #20

Just start with Binance for BNB, and for other coins, I am not sure about it though.
Don't stray too far in strange or not that known of an exchange, as pretty much some exchange tend to freeze users fund ending up to be a moneygrabber that we always know.
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