New exchange tokens worth investing on???

[Slow death]

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

i am having difficulties to understand how 99% of projects that go wrong do you intend to be able to find a project that is good? you should already know that there are few new exchanges that manage to get some decent volume and become popular these days, so why do you want to risk your precious money by investing in something that has little chance of success?

Just start with Binance for BNB, and for other coins, I am not sure about it though.

BNB now has $16, I think investing in it can be a little risky, if he had bought in March for the price of  $10 it would have made a good choice

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[durilup]

Today almost every exchange has their own token/coin but if you bought them you need to be careful . If their exchange will be hacked automatically there will be a massive dump . I would recommend you to start with safe coins like bitcoin/ethereum

[danherbias07]

Yes, but we don't know what will happen in the future and that is why we didn't bought a lot of it specially Binance.

The chance was there but just like Bitcoin the future is untold.
Who would really thought it could bring real value someday.
Those who have balls did it. High risk, high profits.

[wingfield_crypto]

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

He said he thought he was worth the risk. He probably wants a considerable profit and is thinking of investing a smaller amount of money, hoping for multiple profits.
Indeed, there is little chance of success for him with this strategy.
I prefer to invest in successful projects, waiting for a bull run. I don't trust ghost exchanges and their coins.

[tabas]

Binance coin is likely to be the top choice of all. How about the token of IDEX? the known decentralized exchange before but suddenly changed themselves and started to have their own coin that can also be used in staking.
https://idex.market/staking

[monineklutak]

if you want to invest in the New Exchange, of course it is good action, and risk, if the exchange is successful I am sure your investment will get 1000%, look at what happened to investors Huobi, BNB, they are satisfied

[BlackFor3st]

I would not be so trustful with new exchanges, you can burn your fingers with ease if they have bad intentions.

[doctor877]

Probably we should also think about those ones that didn't worth anything now. If three is doing well out of many then it will be a loss for someone that has been investing in many of them. I bought bitsdaq token back then and it's useless now. I won't try to invest in any new exchange or rather I invest what I can afford to lose.

[cytpoway121]

Investing is your personal decision, but offering my personal choice, i doubt the fact that investing in exchange tokens will be worth it.

I personally do not like exchange tokens, but if you want to try out, look towards binance token and do your research

[gundala]

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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

That's good if you understand the opportunities of this exchange token. But we know that the risk to invest in new projects is very high, moreover, we are in the middle of a pandemic. In addition to the three token exchanges you mentioned, there are several other token exchanges that have a good opportunity to continue to grow.
^{https://t.me/ico_analytic/1848}
All decisions depend on your choice, as long as you understand the risks and do an in-depth analysis before deciding to invest

[landoffaucets]

ParamountDax has launched its profit sharing exchange, if you hold some PRDX you can participate on the company's profit. The exchange has pretty high volume and the token' s price is pretty cheap, so it could be a great buy.

[JahriMeayer]

Paramountdax is still fairly new, the price of their new token has already been listed on their Exchange too, but what I am waiting for is Dacx (digital assets & commodity exchange), I see their ceo doing interviews with nasdaq on their YouTube channel, it seems interesting

[bgaf]

If the platform is good and well maintained maybe worth to invest with. But I reckoned some of these new exchanges have only 50% to survive or be considered in the competition on the list of markets of OP. I rememberes these exchanges digitexfuture and bcnex, both have a good marketing strategy and even dgtx has pumped now they are un noticed again. Bcnex is popular during their promotions and has a lot of partnership but as far as I remembered there are some complained on withdrawals on their platform and never heard again any sign of good news. The last time I see them promoting was the trading competition with harmony but now they are good as dead project.

[thekrakennnm]

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

These are really good picks. Especially BNB it showed insane growth and returns last year. Pretty sure the story will repeat again this time.

[Sanitough]

I suggest you look at the existing exchange than the new one, the market has really change a lot, new projects have a hard time surviving and most of them will just likely to fail in the end.

With the current list of exchange, Binance or BNB token is the most successful and I believe with their very active upgrade of the project, the demand will continue to increase, hence the value will always follow.

[jessyj48]

It's better to wait for price dump, like build your exchange token portfolio when another bear market takes control, you will be able to buy Okex token, huobi token at cheaper rate, atleast under 4$ to 5$, you can also do your own research on wazirx, it's new and promising

[DarkDays]

Most of these exchanges came around during or slightly after the 2017 ICO boom, which means they benefitted from a huge amount of initial bullish speculation and investment.

As you are probably aware, the market is a completely different beast now, and investors are more careful with their money.

The fact is, the market is already dominated by Binance, Huobi, Bitfinex etc. You could say it's saturated.

Unless another platform comes up and genuinely has the platform to rival these, it's unlikely it's utility token will pump to the same degree.

I'd personally stay away from them until a truly gamechanging DEX shows up.

[Bitstar_coin]

I believe there is room for other exchange to succeed, it can not be only Binance, Okex, Houbi, Kucoin to have a good platform coin, I think we should start looking for new opportunities as well, recently I came across some upcoming exchange I am doing a bit of research on and hopefully they are worth the attention,
for now I can't share any information about them because I myself am not sure if they are worth it, I don't want to be the reason for having a bad investment,
I just believe there can still be new exchange that will perform as good as the top existing exchange at present.

[Bitbtc8]

It seems you are looking for cheap tokens from exchanges if I'm correct, ZB token is still cheap, trading at 0.22$ an Probit (PROB) is trading at 0.16$, still I suggest you go with kucoin and other top exchanges tokens, they are lot safer

[Python Master]

Invest in token of new exchanges never be a bad idea. If the exchange can keep acting well in a year, its token will increase hundred times. Problem here is how to evaluate a good exchange to invest. New exchanges come every month. If you have good ways to evaluate an exchange please share here so we can discuss.