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Author Topic: Exchange tokens all the way  (Read 1394 times)
jahepahit
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April 17, 2021, 09:45:30 PM
 #81

exchanges tokens are really one of the great opportunity for big profits during a bull run, many of them are going to perform well so its not a bad investment especially for long term investors. also you can trade the tokens to increase your holdings if you understand the price movement.

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April 18, 2021, 02:12:10 AM
 #82

Yeah, I'm also positive about holding some exchange token. But it's best to consider the exchange and the possibility of longevity before accumulating any exchange token. Remember that the exchange token gets its use case from the exchange and that's a key determinate for profitability.
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April 19, 2021, 08:08:13 PM
 #83

Yeah, I'm also positive about holding some exchange token. But it's best to consider the exchange and the possibility of longevity before accumulating any exchange token. Remember that the exchange token gets its use case from the exchange and that's a key determinate for profitability.
Choose and invest on BNB coin because the only one exchange token every months burn coin supply, you can imagine last week BNB burn again and more than 340k$ burn BNB value, how come maybe next two months or three BNB supply will burn again, You see how price going up after increase supply from BNB coin.


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April 19, 2021, 08:46:54 PM
 #84

Choose and invest on BNB coin because the only one exchange token every months burn coin supply, you can imagine last week BNB burn again and more than 340k$ burn BNB value, how come maybe next two months or three BNB supply will burn again, You see how price going up after increase supply from BNB coin.
It looks like this is a way to increase the price of BNB as the No.1 exchange tokens. Indeed BNB is the best investment, especially since there are already many projects using the BSC network

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April 19, 2021, 10:06:48 PM
 #85

you can buy coin exchange with large capitalization market like binance coin,huobi token or okb from okex.
but there are still many exchange token out there but i wouln't recomended that because to risky choose another token than i mentioned earlier.
Choosing strong coin is best decision. Those exchange coin will give good return and the risk to lost value is little since those exchanges are being use and many token are listed on it. I agree that if your going to invest in altcoin, invest on exchange token, which is popular to the trader because it will always standout on the market. Binance exchange s one of the trusted exchange all through out it is launch.

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April 19, 2021, 11:27:29 PM
 #86

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto,
Not all token exchanges have a good future, there are many token exchanges whose prices tend to fall in the end, such as coinex, bitmart, citex, etc.
but coincidentally what you are talking about is a token exchange that supports binance, such as wazirx and tokocrypto,
but remember, these two coins get support from binance, if without binance these two coins might not be much different from other exchanges, so it's better to look for coins that do have good fundamentals, such as cosmos, solana and polkadot.
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April 19, 2021, 11:32:31 PM
 #87

Just all I can say is, as long as the exchange is one of the top listed in the market that means for me it has a potentials to give profit
who will invest in it. As long as you have the belief go for it just as simple as that. Although, there is risk but that's too normal only, due to if your not a risk taker you won't get a huge profit in the future for sure.
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April 19, 2021, 11:34:46 PM
 #88

Snip---
but coincidentally what you are talking about is a token exchange that supports binance, such as wazirx and tokocrypto,
but remember, these two coins get support from binance, if without binance these two coins might not be much different from other exchanges, so it's better to look for coins that do have good fundamentals, such as cosmos, solana and polkadot.
that is why we must be selective in choosing. support from binance is also a good fundamentals, from here we can also see that binance is trying to find profit opportunities from the largest users of wazirx and tokocrypto, you know where these two exchanges come from? yes, both of these countries have a large population and also many Crypto users.
do not make this a reference that all exchange tokens will be profitable, it needs in-depth and careful analysis before choosing.

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April 20, 2021, 12:57:42 AM
 #89

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto,
Not all token exchanges have a good future, there are many token exchanges whose prices tend to fall in the end, such as coinex, bitmart, citex, etc.
but coincidentally what you are talking about is a token exchange that supports binance, such as wazirx and tokocrypto,
but remember, these two coins get support from binance, if without binance these two coins might not be much different from other exchanges, so it's better to look for coins that do have good fundamentals, such as cosmos, solana and polkadot.

Having been an outsider for a while, I did spot many token exchanges come up regardless. It was popular for a while to build these exchanges, but I would say less than 10% (or even less than that) did survive and achieve sufficient adoption in order to generate enough volume to cover their operating expenses.

Can be nice though to hold a piece of a successful exchange, giving dividends and other advantages.

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akar87
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April 20, 2021, 08:30:24 PM
 #90

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto,
Not all token exchanges have a good future, there are many token exchanges whose prices tend to fall in the end, such as coinex, bitmart, citex, etc.
but coincidentally what you are talking about is a token exchange that supports binance, such as wazirx and tokocrypto,
but remember, these two coins get support from binance, if without binance these two coins might not be much different from other exchanges, so it's better to look for coins that do have good fundamentals, such as cosmos, solana and polkadot.
I am interested with your explanation about Citex coin exchange and looks most failed exchange coin so far because price very down and not looks like exchange coin market. Last month raise up higher price and I sold received from bounty campaign but now you can see back price down. Maybe not any serious how citex exchange develop their coin most higher price.


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April 20, 2021, 08:43:13 PM
 #91

exchange tokens are a risk, I recently invested in KCS because I believe that Kucoin is a great exchange and that their token is very undervalued and I would not be surprised to see an ecosystem similar to that of Binance being built.
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April 20, 2021, 09:44:31 PM
 #92

Exchange tokes will always be valuable because they provide utility for the coins being traded on an exchange and unlike before where they only serve as trading tokens now they also serve as staking tokens which increases their value and their overall utility so crying like BNB will always be valuable.

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April 20, 2021, 10:27:03 PM
 #93

Go big or go home. I think exchange token is very profitable in the future and we should take the risk on that. TKO and WRX is the real proof for the exchange token especially if that exchange has been supported by BINANCE.

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April 21, 2021, 04:14:23 PM
 #94

Wazirx going up because of binance buying it and people getting Fomo. I still dont understand why every centralised exchanger need their own token. Back in the 2014 no exchanger have it and the exchanger still good like btc-e, poloniex, etc. The exchanger token is only the way exchanger taking another profit.
Wazir have been Binance partner and price was up last month, but still not any option for trading in this exchange because seem not easy how to use this exchange, I believe with wazir coin and trade on Binance only without have use wazir exchange. Now many exchange coin market always partner with Binance coin because the only one how to make some coin most popular and know by trader or investor.


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April 23, 2021, 09:03:58 PM
 #95

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?

In business, there is always a risk that we must accept at the end of the story, especially in cryptocurency. We can never predict what will happen in the future, but we must be courageous and confident that every choice we make will bring out the best in the future. the important thing is to dare to try and take all the risks. like Ethereum today which was priced at $ 2000 before it was only priced at $ 250 and there are still many altcoins that have experienced a drastic increase.

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April 23, 2021, 09:49:50 PM
 #96

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?

It all depends on the exchange TBH.
Yes now BNB and similar are doing great, but aside of fee reduction, what good are they? Especially CEX coins. They serve no purpose
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April 23, 2021, 09:56:29 PM
 #97

Actually, every investment in the new token or coin will require more risks. however, if this is a good and promising coin or token, it can give more profits. yeah, as what the sentence: High risks, may be high profits.
Just manage and also control our fund and risk management in order to consider which coin to choose. I personally also like the exchange token And I am holding some TKO that is initially from my local exchange.  But of course, DYOR Smiley


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April 23, 2021, 10:07:17 PM
 #98

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?

Not all of them, there was a time many ICO are exchanged based token but after generating funds they run away with investors money and bounty hunters shares, I was a victim of at least three exchange based ICO, the only exchange based token worthy of investing are Kucoin and Binance they are the innovators among the exchange and you are sure to make a profit on these two exchanges.

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April 23, 2021, 10:09:01 PM
 #99

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Wazirx and Tokocrypto cant be compare with 80% of the exchange token because of the support from binance. Factors like Experience of team, financial strength to drive the coin and trust of investors/traders in the team to hold on a longterm. Wazirx came at a time india just got licensed to trade crypto, so it was a trailblazing platform that provide easiest form of trade that was difficult to compete.

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Banulit
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April 24, 2021, 12:29:33 AM
 #100

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
I have also seen some plenty of good exchange token that is very valuable in terms of investment such as the top 3 rank crypto right BNB, also KCS from kucoin, cake token, UNI token and many more.

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