Is exchange based tokens worth for hold?

[Nazmul012]

I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

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[batang_bitcoin]

Cake didn't perform well if you're going to take a look at it. Actually, most of them are not but we don't know if they will be at their best shape during the bull run. That's how it goes with these tokens for sure because the known the exchange is, the better that they'll have as an impact to their tokens.

I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

You have a point about it, only a few manages to be big but they won't get out of the market if nothing happens just as what FTX did. But even so, look at its FTT token, it's still there.

[Boomber]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.

[milewilda]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.

Depends on what coin you are really that holding or the project you are really that investing because not all altcoins would really be that flying or really increase in price when BR happens. Only to those solid projects
will really be flying out with colors and a mix of those shit coins that which you dont really expect for it to fly. This is why some people are really that having a fan of collecting or investing into coins as if they were really just that giving out assurance that they will really be making some significant movement when the market will really be able to make some u-turn. There's always no assurance with this on which it would really be just that right that you should really be prepared for whatever things that could happen on those times.

Now, if we do speak about exchange based tokens then it would really be that depending into its popularity if you do tend to hold. It would really be always be basing up into its popularity.
If there's something wrong with the exchange then you would really expect that it would give out such impact on the said coin. It would really be always having that possibilities
about tying up its reputation into its coin.If a platform is known and having those significant updates and good news then expect that it would be also positive
and it would really be that varying.

[Abu-Naim]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I also like investing on exchange based tokens but mainly for reputable and popular exchanges like Binance, KuCoin,, and Cake. I know that it is very risky because they are all centralized, and the case of FTX is a lesson to us all in crypto space, but I take them as my second choice investment after bitcoin because just as you said, some of them dumped 70-80% of their ATH.

[arwin100]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I also like investing on exchange based tokens but mainly for reputable and popular exchanges like Binance, KuCoin,, and Cake. I know that it is very risky because they are all centralized, and the case of FTX is a lesson to us all in crypto space, but I take them as my second choice investment after bitcoin because just as you said, some of them dumped 70-80% of their ATH.

Only for reputable since its so hard to determine if those new exchange who launch their own native token would last for more years. Since they could just shutdown their operation if they succeed to earn millions from their pre-sale that's why we should go for reputable one than trying our luck to earn with those new since I always believe on coin that bear market tested since from there we can have some peace of mind that they will not rug pull us on short period of time. The case of FTX maybe serve a lesson to anyone that's the reason we should know when to sell and not to hold to much so that those incident happen to their past investors will not possibly encounter with us so we need to be more active seeking for latest news so that we will not get scammed here.

[Essential10]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

It is important to consider investing in exchange tokens because you can mix and match different types of tokens. Choosing the best exchange in the market is a personal choice however based on the applicability of the users. Only BNB can be trusted a bit and it is currently widely used. We know exchange based tokens are mainly created for exchange and other benefits on an exchange platform but it is never safe. Shitcoin gains and rates are more likely to have celebrity endorsement status, as the cryptocurrency market is highly volatile and resilient. Elon Musk is interested in the basic features that the 'Dogecoin standard' refers to, and the rise in DOGE price is an example of that possibility.

[yazher]

I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

That's right because we haven't seen any exchange coins that are successful lately and all of them seem to easily hit their full potential at lower prices. Although we have a few that exceed our expectations, most of those coins do not really have enough liquidation to be able to rise as much as possible like ETH or BTC. It's better to invest at their earliest stage if you found one and surely you won't regret your decisions but only after you have finished your own research not from a review of some influencers who wanted to promote false successful coins.

[Bureau]

I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

That's right because we haven't seen any exchange coins that are successful lately and all of them seem to easily hit their full potential at lower prices. Although we have a few that exceed our expectations, most of those coins do not really have enough liquidation to be able to rise as much as possible like ETH or BTC. It's better to invest at their earliest stage if you found one and surely you won't regret your decisions but only after you have finished your own research not from a review of some influencers who wanted to promote false successful coins.

The problem only remains in finding out a genuine, trusted and good exchange. Most of them use it to run their ecosystem and up till now only Binance has been successful. Following Binance Kucoin did launch their token which didn't perform well till now. I doubt any exchange token will do as good as Binance token did earlier and is still doing better than others.

[nimogsm]

Why not? If we consider tokens from top exchanges, then this is a good choice and if tokens can still participate in the rewards program,then this is a good advantage.You can also often pay a commission when trading in a token, which is also quite convenient, since it can be a little cheaper than paying a standard commission.

[AakZaki]

I still hold BNB today and it is well worth holding in the long term.
Apart from holding, BNB is also used for Launchpad so that there are other benefit values ​​that will be obtained by the holders. Moreover, Token Exchanges, especially those like Binance, have clear goals and that is more secure than holding Altcoins whose goals are not yet clear.

[bastian466]

Currently, BNB is the best and worth holding for the long term and I also use it often for quick trades. although there are also those who find it unpleasant, such as if there is a hack on the Binance exchange, the price of the BNB coin will definitely fall

[Bobrox]

Currently have many exchange token published right now such as BNB for Binance, KCS as Kucoin exchange, HT as Huobi and MX as MEXC exchange market beside still have several coins based on dapp exchange from Cake coins, UNI until many kinds of coins have exchange token categories. I don't think all exchange coins or token worth for holding because many coins drop drastically such as Cake as Pancake of dapp exchange ever on all time high price above $40 and right now drop drastically until 2.5$. I think for more profitable exchange coins or token looks BNB or UNI as Uniswap exchange, but not good ideas when holding if both coins raising to higher price due if correction will difficult waiting recovery to the higher price.

Still hold few of BNB coins since price above $300 and today difficult get back to higher price after last several months when facing problem between SEC Commission and Binance exchange.

[Sayeds56]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Investing in exchange based tokens such as BNB from Binance, KCS from Kucoin can be potentially a profitable strategy. However, it is also important to acknowledge the associated  risks even when dealing with reputable exchanges. The success of such investment strategy is solely based on practical use case of these native tokens. Additionally, as decision making regarding these tokens is controlled by the management of exchanges, this vulnerability introduces another element of risk that should also be crefully considered before investing in these tokens.

[Publictalk792]

Investing in exchange based tokens such as BNB from Binance, KCS from Kucoin can be potentially a profitable strategy. However, it is also important to acknowledge the associated  risks even when dealing with reputable exchanges. The success of such investment strategy is solely based on practical use case of these native tokens. Additionally, as decision making regarding these tokens is controlled by the management of exchanges, this vulnerability introduces another element of risk that should also be crefully considered before investing in these tokens.

Yes of course these kind of tokens can be profitable in future and if you have risk tolerance so you should buy these tokens. One more thing is that if a team is managing a big exchange so it can also drive a token with good strategies.
Whenever you are investing so there can be risk too. Somewhere there will be much risk like the meme coins but there will be big reward too and there are some others coins where is low risk so like these exchange base tokens.

Main thing is that if the exchange will collapse so definitely the coin/token also will go down fastely and never will come up so this can give a loss to you. Like we have an example of FTT token which was based on FTX exchange. So if these kind of tokens are giving profit so they can give loss too. So be careful.

[irsykes]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.

It's just that when coin exchange, for example, there are rumors of asset theft in the main wallet which causes the price to fall, sometimes the drama is created just to take advantage of it. While the project is clearly defined it may not be a problem for a long term investment. it's true that the main key is just waiting for the bull season to return and it will be better

[Tomcolor]

exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.

[fzkto]

exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.

Probably any exchange token is much more dangerous to hold than some other altcoin. As you said, a hack could negatively affect the price of the token. Or some laws that could prohibit the exchange from operating. It's better to buy regular altcoins.

[Sayeds56]

Yes of course these kind of tokens can be profitable in future and if you have risk tolerance so you should buy these tokens. One more thing is that if a team is managing a big exchange so it can also drive a token with good strategies.
Whenever you are investing so there can be risk too. Somewhere there will be much risk like the meme coins but there will be big reward too and there are some others coins where is low risk so like these exchange base tokens.

Main thing is that if the exchange will collapse so definitely the coin/token also will go down fastely and never will come up so this can give a loss to you. Like we have an example of FTT token which was based on FTX exchange. So if these kind of tokens are giving profit so they can give loss too. So be careful.

One significant concern in my view, is the inherent decentralization of these tokens, that means decision making authority regarding these token solely resides with the management team. We have seen how FTT token was mishandled by FTX team and eventually investors in FTX exchange's token FTT suffered huge losses and they were deprived of their life time savings. Hence, investors should be careful when investing in high-risk tokens.

[DaNNy001]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.