Looking forward to add exchange tokens to my portfolio

[SafuBTC]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

[fuer44]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

you can take a look at nominex.io, an exchange based on Binance and usdt. there are also many tokens and coins that can be traded there. there is also a farming feature that can grow your investment assets, and an update that now has a staking feature that you can check on nomiswap. I've been there for 1 year and have never had a problem.

if you already have binance, all you have to do is create a metamask wallet and transfer your binance there and connect metamask to nominex, everything is done, it's just what you want to trade, or farm, or invest.

[The Cryptovator]

The most popular dex is Pancakeswap. You may use trusted aggregators like Dextools. So it will be easier for you to understand everything. Since you are holding BNB means Pancakeswap is the best choice, because it's built on the BSC chain. Using dex means you are holding your funds and you have full control over the funds. But don't forget to secure your wallet in a proper way. I will discourage CEX since you will not have control of your funds exchange will control the funds. But if you really want to use cex by knowing everything then Binance would be responsive for you. Don't forget to check tokens real or fake once you are using dex.

[icalical]

Looking at the data from here
https://coinmarketcap.com/rankings/exchanges/

https://ftx.com/ should be the 2nd best Exchange after Binance, based on average liquidity and weekly visitor. They still far from Binance but they are better than most of other CEX. Personally I think they have good promotion and marketing strategy, though I think their overall User Experience is still need improvement. Their FTX token price is falling pretty hard recently but the whole market is in red.

[blockman]

These are what I can think of:
KCS
FTX token
Cronos
Nexo
The actual business/exchange of these tokens is known. There are more of them but for me, I think these are the best next to BNB for centralized exchanges.

[Jaered]

Exchange tokens aren't the best investments if you ask me. Why? Unless the exchange acquires some serious use case and customers, the worth of the token might dump uselessly over time. Pancakeswap Cake token is a prime example

[Tony116]

I see only the exchange FTX token as worth holding in addition to the bnb exchange token. FTX is considered as the most formidable competitor of Binance exchange.

As of today, most exchanges are Binance style, they have their own tokens but their growth is generally not too big to hold them. Holding exchange tokens is only suitable for those who like to join the launchpad. BNB is the only coin worth holding because of its upside potential, the rest is difficult to grow.

[X-ray]

What is the best exchange investment for a newbie?

I will try to mention some.


KCS
FTT
KCS
OKB
HT
GT

Those tokens have so many advantages to the tokens holders but i think that you must aware if the price actually rely with the bitcoin movement. They have good performance during the bearish trend and their product is also generating revenue.

I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

Why don't you try to go to the DEX that based in another blockchain? i meant like cake or something else. BISWAP, Raydium, Uni may good choice for you.

[Bitstar_coin]

Well, I used binance a lot so BNB would have been my first suggestion but since you already hold some I guess that's off the table. My second suggestion (although not too familiar with the exchange) will be FTT, I see its previous ath was above $80 and see people speaking highly of the exchange which could only mean the token will be good enough to buy. My third suggestion will be HT Houbi token, one of the top exchanges in the crypto world and a trusted one too. Kucoin KCS is also a good option, so far they have demonstrated to be a reputable exchange. You have quite a few good ones to choose from, it is up to you to decide which you think will be more profitable for holding long term.

[Jackl87]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

Well the biggest one is obviously BNB but you already said that this is not interesting to you. At the moment there are several exchanges tokens out there that are interesting to me like for example Huobi token or FTX token but i have not read to much about them so i can not really tell about all the benefits that you get from holding this tokens.
One exchange token that i am holding at the moment are KucoinShares though and i am quite happy with them. If you keep them on the exchange you get a share of the trading fees each and every day and if you have a big amount of KCS then this bonus is not even that small. Also you can take part in token or NFT offerings if oyu are holding more than 100 KCS. Of course if you are keeping your tokens on the exchang there always is a small risk of losing your tokens.

[crzy]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

CRO and KCS for CEX and go for CAKE, UNI, and BSC for DEX.
There’s a lot of good exchanges that offer their own tokens for their utility and since you already have BNB on your wallet then this is a good chance to look for other option. I don’t know where do you get that option you have right now OP but look at the comments now, there’s a lot of good suggestions here instead of investing with that unfamiliar exchange.

[bitkanu]

so far I think the best exchange tokens for investments definitely are BNB, FTX, and CRO. these three seems kinda haven't reached its fullest potential considering BNB wasn't yet to have the massive bullrun that it should have and the rest of the coins like FTX and CRO are still having big potential ahead. BNB in this case, eventually gonna have bullrun, it's just waiting for the trend to chance though it's just my 2 cents, but it seems BNB gonna be surprising a lot of it holders in the future.

[adzino]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

I doubt any exchange tokens, CEX or DEX would be good for long term holding. They carry more risks. For any reason, if any of those exchange fails or something happens (like a major hack or something similar), the tokens would tank them with them.
Not sure why you would want to invest in a exchange token. Other than giving lower fees, what other benefits do they carry? Better stick with bitcoin and regular altcoins.

[Pelana vreo]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

I have Biswap tokens, if you visit the web page and some articles about this project, I think you will be interested because the first Dex that can create system referrals is Biswap, Biswap is registered on Binance and you can see, and do in-depth research before investing (NFA)

[bounceback]

Maybe you can find it here https://coinmarketcap.com/view/centralized-exchange/
But before trying to invest with them, it's good to do some research first so as not to run the risk of loss, I personally so far apart from investing with Binance exchange coin (BNB), I'm only interested in KCS and TKO coins because I think both coins will continue to earn better value in the future, especially so far these two exchanges are often used by many after the Binance exchange, thus leading me to believe that the two exchange coins I invested today are capable of producing good returns.

[exoncenter]

You can take CEX and DEX. CEX tokens is still interesting and DEX tokens will be interesting)))

[smyslov]

Biswap token and Nominex are two of the exchanged-based tokens that I'm holding right now they are both staking rewards Biswap is the first DEX that listed BFG token and they have a good partnership, they claimed to be the

1000+ trading pairs with highest liquidity and 0% fees First hybrid exchange with DeFi mechanics

and official Binance Binance broker there may be others out there but these are the two tokens, that I'm holding right now they are using Binance chain, so their fees are cheap.

[capedbaldy]

You can see CAKE, big news about IFO launch will be announced soon so there might be an increase if market price recovery support, Cake coin has decreased to 92% of ATH so worth analyzing and possibly adding to portfolio. If you want to invest in other than top coins then pay attention to the market potential because altcoins are difficult to increase in a bear market phase.

[cryptoaddictchie]

What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

Try dydx. Their platform is a dex exchange that also caters future trading without any centralized aspect. They recently migrated their platform to cosmos/atom If im not mistaken, and probably one of the best dex token that are still undervalued right now. I dont have much fund now, but if I were to choose this will be one of the token I will bag. Not a financial advise but you can review them on your own.

[makishart]

just stick with ftx token, it's slowly but sure growing its service and right now it's already popular among many traders.
i think it will eventually catching BNB in terms of valuation sooner in the future because how great this exchange has been growing its platform.
instead right now I think BNB is kinda overrated unlike ftx token that still hasn't reached its true ATH.