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Author Topic: Finding new exchange tokens  (Read 641 times)
Synerggy (OP)
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March 10, 2022, 04:47:11 PM
 #1

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.

1. CoinEX
2. DODO
3. Bkex chain

Any contribution will be accepted

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ryzaadit
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March 10, 2022, 04:50:08 PM
 #2

I hear 2 exchange on your list (Bkex & CoinEx) but don't have experience in the service.

For DODO, some project have a good volume trading. But, I think the problem is not in the exchange it self for volume. The token it self need to have a good volume, to holding with long term you need to make sure the token you are buying have high volume and can survive with a long time.

Otherwise, your holding token will be dead because the token you are buying have small volume or maybe dead volume trading.

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Ketesnuko
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March 10, 2022, 06:00:10 PM
 #3

I hear 2 exchange on your list (Bkex & CoinEx) but don't have experience in the service.

For DODO, some project have a good volume trading. But, I think the problem is not in the exchange it self for volume. The token it self need to have a good volume, to holding with long term you need to make sure the token you are buying have high volume and can survive with a long time.

Otherwise, your holding token will be dead because the token you are buying have small volume or maybe dead volume trading.
Do your own research first before saying something you aren't really sure about, DODO token has whopping 32million dollars daily trading volume as we speak that even after the token is down to 0.32$ per one, DODO is big and I'm sure by 2024 this token will make a new ATH.

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March 10, 2022, 06:23:54 PM
 #4

I had initially bought and held coinex token for a long time without any profit. I thought it was a promising project and still do. I just lack the money to buy the Cex token again. With their newer approach with cheaper fees and as a payment gateway, wallet as well an exchange, I have high hopes with them. Bkex and Dodo as well are older exchanges with Dodo still having a good number of newer IEOs and presales.



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Rainbot
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March 10, 2022, 07:22:36 PM
 #5

I hear 2 exchange on your list (Bkex & CoinEx) but don't have experience in the service.

For DODO, some project have a good volume trading. But, I think the problem is not in the exchange it self for volume. The token it self need to have a good volume, to holding with long term you need to make sure the token you are buying have high volume and can survive with a long time.

Otherwise, your holding token will be dead because the token you are buying have small volume or maybe dead volume trading.

Agree, I'm still using DODO exchange for the next few months. They have confirmed some gift offers on Twitter https://twitter.com/BreederDodo/status/1501422446171148291
DODO DEX exchange has a fairly decent trading volume, and for CoinEX and Bkex personally, I don't use it. Especially trading on Bkex is the same as waiting for a long queue that never ends.

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ryzaadit
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March 10, 2022, 07:59:28 PM
 #6

-snip-
Market doesnt give any shit about that.

If come to bearish, then bearish come. Now check the price of your token, from 6-7$ ATH now back to 0,3$ as you said and will reached the original price while they are trading in the market around 0,15-0,2$.

What make sure your token will reach new ATH in 2024 ? don't tell me it's just because a fanboy token or you are holding the token and not selling because in lose situation ~XD

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timerland
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March 10, 2022, 08:02:22 PM
 #7

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.

1. CoinEX
2. DODO
3. Bkex chain

Any contribution will be accepted

I think that you should look at the tokenomics of the exchange tokens as well as the product itself.

I think that DODO and CoinEX do have potential, but you need to ensure that the tokens are not emitted on a hyperinflationary basis and therefore dilute holders significantly every time some rewards are given.

E.g. Some of the exchange tokens on Fantom are really good since you can stake them. Spookyswap has a BOO token which you can stake as xBOO and receive rewards in a range of coins on top of the token appreciation. Good time to buy imho.

Smiley
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March 10, 2022, 08:24:11 PM
 #8

MEXC and Gate.io may also be among the options. Both are constantly fast listing new cryptocurrencies (fast and shit :d). New users register on the exchange when new cryptocurrencies are listed. Each new registered user interacts with the exchange and the exchange token. They buy the token of the exchange to take advantage of the benefits. But I think there is no need to rediscover America. BNB is still a good option. I'll patiently wait for it to get cheaper. :)

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March 10, 2022, 09:13:19 PM
 #9

If you have a lot of time, hover through different exchanges on the list of: https://coinmarketcap.com/rankings/exchanges/
And check each of them if they have a token where you can be interested at. There are a lot of choices that you'll see there so upon checking, make sure that you'll allocate a lot of time for it.

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March 10, 2022, 09:29:26 PM
 #10

Do you want to get Rugged or you are yet to understand what Crypto-currency is all about, many newbies believes this formula would work for them, but looking for a small project and investing in it watching make you a millionaire, where the truth is that 80-90% of the time this projects end up yielding nothing for the investor.

I don't fancy small Exchange token and amongst Exchange token its only BNB of bianance that is worth it. And I don't think we would be seeing and other Exchange token rising.

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crzy
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March 10, 2022, 09:29:54 PM
 #11

Exchange tokens usually don’t pump that much especially if there’s no major update on their site, though you can look for a DEX and CEX since usually new exchanges are still on a good hype and you might be able to buy at a cheaper price. Based on the list, DODO has a good trading volume and you can consider this as one of the growing crypto exchanges, you can buy that token and set your target price for profit taking.
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March 10, 2022, 09:43:30 PM
 #12

I would prefer Kucoin's KCS if I were to buy at this time. I mean I'd rather choose something that is sure to exist and remain competitive until the next halving than tokens that will only pump during a bullmarket. You can still buy those tokens you mentioned by 2023 or 2024 after they survive a bearish market.

R


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Jackl87
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March 10, 2022, 09:48:50 PM
 #13

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.

1. CoinEX
2. DODO
3. Bkex chain

Any contribution will be accepted

From all the exchange coins i only own KuCoin shares to be honest and i also have to say that i am pretty happy with that. First of all the price developed in a positive way since i have bought the tokens and in addition to that you get a few benefits if you have those tokens on the KuCoin exchange itself. You get your daily share of the KuCoin bonus which is generated from the trading fees and you also get access to KuCoin spotlight sales if you have more than a certain amount of KuCoin shares. The threshold for that is usually around 100 KCS. Those spotlight sale have performed pretty well too in the past even though you can only invest a few dollars every time.
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March 10, 2022, 10:09:15 PM
 #14

I would prefer Kucoin's KCS if I were to buy at this time. I mean I'd rather choose something that is sure to exist and remain competitive until the next halving than tokens that will only pump during a bullmarket. You can still buy those tokens you mentioned by 2023 or 2024 after they survive a bearish market.
This is a good alternative if you’re looking for an established exchange where you can get their coin at a cheaper price, KuCoin is one of the best crypto exchange, they are also growing and made a huge update and I can also see opportunity on KCS, they are just waiting for the next bull trend most probably. Anyway, I’m not familiar with the list of exchanges of OP, but I can see good volumes in them maybe keep analyzing OP and look further aside from the volume, look if its a real volume or not.
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March 10, 2022, 10:39:50 PM
 #15

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.
I do know what you want but here's my personal opinion about these tokens.
1. CoinEX
This token is not worth to hodl, fully manipulated exchange sites, no real trading volume and  you may see scam volume once you are visiting this site.
2. DODO
The new dex on BSC but this is not so impressive, the growth is so slow
3. Bkex chain
This is the same like coinex, the volume was totally manipulated by the team. I remember when this exchange site decide to lock the token while another exchange site was opening the deposit. This is a garbage exchange site.
Any contribution will be accepted
NONE of them are worthy to invest right now.

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strunberg
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March 10, 2022, 11:05:13 PM
 #16

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.

1. CoinEX
2. DODO
3. Bkex chain

Any contribution will be accepted
i will give one token exchanges which is based on my mind still undervalue. take a look at woo network , its best exchanges which is combine cex and dex liquity and binance also invest in this projects around $12millions. the utility is stake your woo token and get free fee for trading in woox. team also buying back token and burn it. the lastes feature is Trade to Earn that will launch in this month, so far there no exchanges have this feature. do your self if interested about this project.


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Kelvinid
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when lambo...


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March 10, 2022, 11:18:01 PM
 #17

I'm looking for a good exchange that's slowly growing up, I plan to buy and hold the tokens for long term and I want to hear people's feedback on the tokens.

1. CoinEX
2. DODO
3. Bkex chain

Any contribution will be accepted
These exchanges are not known to the majority and even me, I don't have the experience with them. But since you are talking about long-term holding, I suggest using other exchanges that are more reputed than them and of course, choosing the best coins/token as preferred.

But I'd never let you down, of course. Choose Bkex chain over the others as it has shown to have a huge trade volume which is good.
https://coinmarketcap.com/exchanges/bkex/



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March 10, 2022, 11:50:36 PM
 #18

From what i know about those exchange sites based on my experience if those are bad exchange sites and so the tokens that issued by those exchange sites are also having the same reputation like the exchange sites itself. Those exchange site tokens are not potential token. You must know that if there are so many potential tokens issued by legit exchange sites. Those sites can be catagorized as long tier exchange sites with so many problems.
You must not expect something big from there. I just try to remind you that when you wanna try to pick the new tokens from the exchange site and you must try to make sure if you are picking the new exchange site with the good reputation among the crypto traders or investors.

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March 11, 2022, 12:35:05 AM
 #19

If I do not find these coins attractive with your criteria, then I can choose DODO, because I find it the best of all 3 exchanges that you suggest. If you are interested in investing in potential exchanges, then I have some suggestions like AAX Token Aax Ex
However, judge for yourself from your point of view, and personally, I find it really great for the long term.

SUGAR
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JeffBrad12
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March 11, 2022, 02:39:22 AM
 #20

The tokens created by those exchange sites are not good. They are only money-grabber tokens. Bkex has been existing since a few years ago in crypto but it has no progress. This exchange site is always banning anything. You have gate io, kucoin, ftx that can be considered as low cap exchange tokens, and why are you need to deal with those garbage tokens?
I think that you can pick a better token issued by a good exchange site. that's a big deal when you are trying to buy those tokens and i hope you will think twice before try to do that. I just try to remind you about the possibility for the token price to be dumped as they have low liquidity at this moment. Think again. That's about your money. You must be careful when investing in any tokens

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