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Author Topic: CET and its future  (Read 131 times)
aminhadi2020 (OP)
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September 26, 2021, 06:18:57 AM
 #1

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .

base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.
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September 26, 2021, 06:24:54 AM
 #2

The problem that I'm seeing is that the market cap is unknown here. I was curious to see what they have currently in the market, and it's hard to evaluate this without that, and it has come a long way for the past years reaching ~$0.15, and there are still missing info on it, so I'm not sure what I can say about this token.

If you believe in the token and the exchange itself, go for it. Just don't do it because somebody said so. Believe in what you are doing on your own.

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aminhadi2020 (OP)
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September 26, 2021, 06:32:42 AM
 #3

The problem that I'm seeing is that the market cap is unknown here. I was curious to see what they have currently in the market, and it's hard to evaluate this without that, and it has come a long way for the past years reaching ~$0.15, and there are still missing info on it, so I'm not sure what I can say about this token.

If you believe in the token and the exchange itself, go for it. Just don't do it because somebody said so. Believe in what you are doing on your own.

any idea about how much should i invest ? base on your past experience ? like 10% or ... ?
why im looking into CET ? i think investing in token under 0.01$ has more chance to increase the value of the investment (maybe im wrong. ha ? )
also CET has the same situation when Binance working on BNB, check how bnb is big now,
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September 26, 2021, 06:53:05 AM
 #4

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .

base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.
Looks like it's native currency issued by Coinex same with the others like BNB, Huobi Chain, etc, Coinex it's good exchange too. CSC source code itself looks like Forked from Ethereum and the interface was same. Comparing to BNB, CSC Validators it's more decentralized (?) while BNB was more centralized, EVM Compatible and looks like good chain since they also offering Supportive Plan for developers with multi-wallet integration too, So far it's good but i'm not sure about the market cap.
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September 26, 2021, 07:04:44 AM
 #5

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .
coinex is very well known as a garbage exchange site. I remember that this exchange site was placed on the top exchange site as it has the biggest daily trade volume but this volume was totally fake volume.
What kind of problem that faced by binance users? i guess KYC verification was not a big problem. When people wanna still continue to use binance service and they can complete the verification.



base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.
I didn't believe with any article caused by it can be also paid to promote. CMC was telling us about the truth https://coinmarketcap.com/currencies/coinex-token/

While so many exchange tokens other than CET have been making very big ROI while CET was getting dumped again. It doesn't even make big ROI. The future is not bright. Im not even interesting this token.

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wajik-tempe
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September 26, 2021, 07:09:00 AM
 #6

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .

base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.

The article from coingecko probably is a paid article since they always highlight the positive things about the tokens and exchanges, and i think this tokens is just similiar to other new project token exchanges, no special thing that you said it will replace binance since binance is already have many users.
Binance encounters some problems because the users is huge and i think they solved it quite good, if other exchanges has the same amount of users like binance, probably they will encounter bigger problems IMO.
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September 26, 2021, 12:48:16 PM
 #7

any idea about how much should i invest ? base on your past experience ? like 10% or ... ?
That would depend on your total capital and what you are willing to lose. For example. If you are willing to diversify your portfolio, let's say $10k worth. That can be distributed evenly to 4 projects. $2.5k ea and see what project could bear you most fruit. 25% each. Depending on you for sure.

In my experience, I do it 2% for my whole portfolio. Depends as well if I have extra funds to invest.

why im looking into CET ? i think investing in token under 0.01$ has more chance to increase the value of the investment (maybe im wrong. ha ? )
also CET has the same situation when Binance working on BNB, check how bnb is big now,
That's why I want to know the total market cap. It's important to see that to estimate how much money has been invested in it already and if it has more room to grow. I think that's plausible with BNB but it has a lot of projects as well so, it would be hard to compare to it.

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SoeNan89
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September 26, 2021, 07:55:15 PM
 #8

CET can reduce market transaction value or trading fees.
CET is used to purchase VIP qualifications and privileges therein.
CET holders will enjoy special rights to promotions on CoinEx, and can choose any new token they want.
CET can purchase special API services to increase trading efficiency.
CoinEx will build a Decentralized Exchange (DEX) in the future and use CET as “Gas”.
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September 26, 2021, 11:55:26 PM
 #9

The fact that BNB was a success doesn't mean that everything that copies BNB will be a success, I think you need to investigate further and make the decision for yourself, but don't risk putting a lot of money and high expectations on this project.

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September 27, 2021, 12:43:16 AM
 #10

I don't find any reason to use an alternative POS chain these days, especially Binance Smart Chain, I have tried Binance Smart Chain and it is quite good especially the transaction fee, compare to Ethereum since at first Binace Smart Chain is alternative to Ethereum.

So this is another chain (CET), as I checked, it's a kinda copy-paste version of Bince Smart Chain.

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September 27, 2021, 03:04:34 AM
 #11

The problem that I'm seeing is that the market cap is unknown here. I was curious to see what they have currently in the market, and it's hard to evaluate this without that, and it has come a long way for the past years reaching ~$0.15, and there are still missing info on it, so I'm not sure what I can say about this token.

If you believe in the token and the exchange itself, go for it. Just don't do it because somebody said so. Believe in what you are doing on your own.

any idea about how much should i invest ? base on your past experience ? like 10% or ... ?
why im looking into CET ? i think investing in token under 0.01$ has more chance to increase the value of the investment (maybe im wrong. ha ? )
also CET has the same situation when Binance working on BNB, check how bnb is big now,

Actually,  cheap coins with small market cap are likely to increase more than giant currencies with several millions of market cap, but everything depends on popularity. People know about Binance and trust it, that is why BNB is growing. And I am not sure if this exchange will replace Binance or any other centralized exchange will do it.
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September 27, 2021, 03:08:20 AM
 #12

I've heard it, right. It's a great exchange, but they lack the support of the community. Usually the cryptocurrency community now only knows about "binance" they should be introduced on other exchanges such as CoinEx.

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September 27, 2021, 10:19:51 AM
 #13

Actually,  cheap coins with small market cap are likely to increase more than giant currencies with several millions of market cap, but everything depends on popularity.
Lol. You could be a popular coin, but that doesn't mean that retail investors and institutional investors would be investing in your project. It would still depend on that and not how much it is known. Well, it's not always the case for sure, but the coin's exposure can be enough to attract some investors.

People know about Binance and trust it, that is why BNB is growing. And I am not sure if this exchange will replace Binance or any other centralized exchange will do it.
I don't think they would be able to beat Binance. They are a stronghold when it comes to being exchange, and they are still booming with projects, which could be why they would be able to stay at the top.

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.Duelbits.
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September 27, 2021, 11:59:15 AM
 #14

I've heard it, right. It's a great exchange, but they lack the support of the community. Usually the cryptocurrency community now only knows about "binance" they should be introduced on other exchanges such as CoinEx.
Are you joking about that? https://coingeek.com/coinmarketcap-introduces-changes-combat-fake-volume-concerns/
Coinex manipulated its data to be ranked up to surpass binance exchange site in the past. that shows how shit this exchange site is.
Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .
What problem? Eventhough the marketcap of binance was so high didn't prevent people to invest their money on BNB, people are looking for the trust and how reliable the service that offered by exchange site. People were not looking for the exchange site that was reporting fake volume to the CMC. That's clear that CET as the official token of coinex was a shit token. that's why the price was very stagnant

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September 27, 2021, 04:09:27 PM
 #15

There is no scop in CET token of Coinex exchange,this exchange was launched a few years ago but no big exchange yet, as concerned with Binance regulation issues or any other issues they will resolve and I think not many investors moving to other exchanges, just everyone has an account on more exchanges to move or use their services. So I don't suggest investing in CET.

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September 27, 2021, 04:27:01 PM
 #16

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .

base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.

I had an early jump into CET. They even airdropped old users of Viabtc. With the success of BNB I thought this was going to be the next big thing and bought with every of my crypto savings but I was sad at the end as it's price kept on decreasing. Coinex itself is still a good exchange with fair volume and I do use it sometimes due to it's free withdrawal for BCH. But I sold my CET for loss and has no interest on buying it again.

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September 28, 2021, 01:07:32 PM
 #17

CET was not binance. Binance has been getting so many positive reviews about its service while the exchange site like coinex was also getting so many bad reviews. You can also see the differences between both. The exchange site didn't wanna try to solve all of the accusations on it even some medias have been accusing this and some exchange sites manipulating its data to be recorded by CMC to create noise in the market.
I remember that when so many people have been talking about this exchange site when it was placed on the 1 position on CMC, this exchange site was surpassing the daily trade volume of binance in a nighr. That was making people to feel suspicious about this exchange site.

People must be stay away from there. I personally think that if this coin was not a good coin. It has only small user bases. it's better to stick to the another cex coin rather than keep arguing about this.
There are lots of evidences in the market.

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September 28, 2021, 02:02:19 PM
 #18

Hey,
i any idea about CET (coinex exchange token) ? BNB has a big market cap however lots of invester move from binance to other exchange due to Binance problem these days .

base on https://www.coingecko.com/en/coins/coinex-token this token has experienced a gentle path and may be suitable for annual investment.

BNB's market capitalization is quite large, even to switch to another exchange there is also no certainty in making transactions, currently BNB is undergoing a correction, but that does not mean corrections will continue to affect it, transfers from binance to other exchanges are actually a natural thing to happen in the crypto world, but I agree if you mention that this coin is suitable for us to invest using the annual formula and I have proven it in other coins.
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September 28, 2021, 04:18:21 PM
 #19

I used CoinEX for withdrawal through ViaBTC mining pool and I can say that the exchange is shaping up very well, the teams are just as good as Huobi exchange team so I believe it's worth the risk but the rules of investing in crypto is to invest only what you can afford to lose, doing this will keep you in a safe zone, coinEX is a good exchange to be honest but crypto investment risks still stands here so it's wise to play safe

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