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Author Topic: New exchange tokens worth investing on???  (Read 1816 times)
conkeconke
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August 06, 2020, 06:27:58 PM
 #181

https://nominex.co/ = NMX Token
Never heard of this exchange, this is the first time I saw it. So I guess it is not so popular in this market. It is risky to invest in it. It is best to only select tokens from the largest exchanges in this market to invest
If you want to multiply, you need to take risks, you can also earn these tokens every day by trading on their platform.
Yes, take a risk but there should be some certain point that the risk is outweighed the benefit its could bring back. Don't invest in the exchange tokens from some low-tier exchange because that's too much risk. Stay at mid or high tier exchange at least.
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August 06, 2020, 07:42:32 PM
 #182

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

I will love to invest in Binance Token (BNB) because I have really studied it for some time now and I can see it's a good token to spend money on. Moreover Binance is the best exchange for now.  Furthermore, I also want to invest in Probit token and stake it so that I can earn interest on my staking
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August 06, 2020, 07:57:49 PM
 #183

yes this is the crypto industry, sometimes it's always unpredictable, including some of the cryptos that you mentioned above first appeared to have low prices and now have high selling prices. In essence, Nobody knows which one will be profitable for investing in the future. but reconsider with new projects now, maybe like Kucoin and chainlink, have big opportunities in the future.

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August 07, 2020, 07:48:58 PM
 #184

There is one completely fresh exchange project called ACDX which will launch in a few weeks apparently. Former OKEx exec is behind it and they will "attack" the derivatives trading market, so a lot of room for growth and maybe a solid investing opportunity. They are doing private sales right now if I recall correctly.
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August 07, 2020, 08:08:56 PM
 #185


I'm still up to shill the exchange token I have invested for more than a year now and it had just pumped too which the token is VX. This is a token from Vitex.net decentralized exchange.


There is one completely fresh exchange project called ACDX which will launch in a few weeks apparently. Former OKEx exec is behind it and they will "attack" the derivatives trading market, so a lot of room for growth and maybe a solid investing opportunity. They are doing private sales right now if I recall correctly.

The thing with centralize is that it collects KYC data which is going to be a lot different now than it was 5 years ago.
There are exchange with better technology and governance to its token holder like dividends from the fees collected within the 24hour trading volume.

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August 07, 2020, 08:48:08 PM
 #186

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
Of course, I'm a bad advisor (I have no experience of investing large sums of money), but I would not invest even a small amount in exchange tokens. What for? There are stabile coins (BTC, ETH), they may give less profit, but they will, and the exchange will close or undergo attacks, as it happens, and the price will go down rapidly

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August 07, 2020, 09:17:45 PM
 #187

why are you looking for a new exchange token? it is very high risk you better invest in a token exchange that has been developed. One of the bad exchange tokens some time ago was BCNEX, look at the many people who lost money there

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August 07, 2020, 09:29:03 PM
 #188

The only way to make a good profit from the exchange token is to invest in it when the exchange still in the early phase. Yes, this meant there will a lot of risks but I think it was well worth return when the exchange become mainstream. Your three exchange token is quite established already but I think they still have some chance to grow since the exchange hosting them is the very best. It is really up to you.
Thats also not a way to make a good profit through exchange token and if you understand perfectly that some crypto exchange site have shut down this year. However, the best way to make good profit through exchange token investment by invest token own by good traffic and liquidity exchange site.

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August 07, 2020, 10:35:31 PM
 #189

First of all investing on new projects without checking the authenticity of it may end of hurting. Many exchanges surfaced newly and it caused for close monitoring. We have exchanges Everywhere so it doesn't mean you will have to invest in all. Many couldn't taste time and folded. I still prefer old standing firm exchanges with good team but let's always check before investing as some are good and many bad. Reason why CMC lists them after some months.

aemma
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August 07, 2020, 11:06:07 PM
 #190

I will say they are not worth it as it stands now because top exchanges have taken a very good spot and/or positions in the crypto space thus people will most likely invest in them because they are sure the team will keep working in order to improve the platform which will in turn make the token more valuable.
Another reason I think it is not worth it is because, with Defi hype, all attention has been adjusted to the Defi projects hence people will also find it better investing in them than some new exchanges which is yet to prove its capabilities. But yet, there can still be exemptions however in this case, the team behind the new exchange will ensure to keep working while developing new and attractive features which will bring in more users; this in my own opinion, is how Binance keeps growing.
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August 08, 2020, 05:56:07 AM
 #191

The thing with centralize is that it collects KYC data which is going to be a lot different now than it was 5 years ago. There are exchange with better technology and governance to its token holder like dividends from the fees collected within the 24hour trading volume.


Sure, but centralized exchanges will exist probably forever in this space, so why miss a potentially good investing opportunity. I am totally for the domination of decentralized  exchanges over the centralized ones, but there is still a lot of money to be made in the centralized space.
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August 08, 2020, 06:11:42 AM
 #192

You can invest in exchange tokens that have entered in the cryptocurrency market long time ago and wait when these exchange tokens will start grow in price in order to get a profit, or, of course, invest in exchange tokens from new cryptocurrency exchanges, but here it will be hard to say in which exchange tokens its better to invest.
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August 08, 2020, 06:38:41 AM
 #193

Not all exchanges have better support for their tokens, it's wrong to invest in every new exchanges you see, you can never tell how good or hard working the team will be, it's better to invest in cheap tokens like Houbi token, ZB token, and other few exchanges with cheap tokens

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August 08, 2020, 06:56:32 AM
 #194

Not all exchanges have better support for their tokens, it's wrong to invest in every new exchanges you see, you can never tell how good or hard working the team will be, it's better to invest in cheap tokens like Houbi token, ZB token, and other few exchanges with cheap tokens
Houbi token is probably the most stable token. The price has not changed for a long time. Stability Wink

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August 08, 2020, 07:05:05 AM
 #195

I won't advise anyone to invest in new exchange tokens. Its best to sit back and study every new exchange before investing in their tokens. I invested in Bcnex exchange tokens, thinking that the exchange had intension of competing with binance, but it ended in tears. I have over 6,000 tokens which does not have a market because the exchange exited after less than 6 months of operation. I'm still bereaved and don't want anyone to make the same mistake with exchange tokens.
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August 08, 2020, 10:50:22 AM
 #196

Don't buy new exchange tokens because it's very risky, it's better to invest in the top exchange tokens because they have been proven to have value and are in demand by many people
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August 08, 2020, 11:08:43 AM
 #197

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
I guess one of the most promising exchange platform that can show potential especially for investors like you would be profit. I hear some of my friends are using probit as well.

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August 08, 2020, 11:23:40 AM
 #198

Don't buy new exchange tokens because it's very risky, it's better to invest in the top exchange tokens because they have been proven to have value and are in demand by many people
Thats true, new exchanges are quite risky, so why chose this exchange if you can invest in reputable one and the profit is somehow guaranteed since the exchange is already been existing for years and the tokens prove their worth. On the other side its not bad to try out the new exchanges but proper research is needed.

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August 08, 2020, 12:38:55 PM
 #199

Until now, I only knew that the appropriate exchange token for investment was BNB, BNB has a high demand in the market In addition, BNB has a high volume in other exchangers
the exchange token is over, now there is no hype about it, it's better to buy the top altcoins, like Ripple, Litecoin or Ethereum, Binance is fine too, but if you buy a new altcoin it won't guarantee that the project will last long

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August 08, 2020, 03:51:26 PM
 #200

I think the exchange tokens is very oversaturated with so many exchanges out there. You won't see mad gains like one or two years ago when holding exchange tokens. Unless, one of three exchange token you have listed planning to make their token become something bigger, used in more case,etc,... I don't see how they're a better investment compared to normal top altcoins.
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