Is exchange based tokens worth for hold?

[wendty]

Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!

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[GlacierBIT]

Interest in exchange tokens is no longer the same as before, at the stage of their formation. Exchange tokens gained popularity due to interesting and profitable offers, such actions were mainly part of marketing. Now exchanges have already reached their level, of all, I like bnb the most, for me it is more profitable to hold this particular cryptocurrency.

[Volimack]

As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.

[MFahad]

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!

Not all exchange based native tokens worth the hold. but some of them are. Like BNB, Kucoin, Cake, Uniswap etc. these are good for holding as long as the exchagne don't run away like FTX.
the reason of holding a coin/token is the project and compony behind that. it doesn't matter if that is an exchange token. or a token of any other project. if you see a good and trustworthy project then you can hold that.
BNB happen to be the best Exchange token so far. it gave a lot of profit to it's holders and traders as you can see it's starting price and price of today.

[Kelward]

Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

I think that BNB, is worth holding because it's backed by Binance, being the top exchange among other exchanges, but speculators categorize exchange tokens that if anything happens to their parent exchanges like being hacked, that the investors capitals in the tokens will go down with the exchange. However I still consider any top altcoins to be worth holding like Ethereum and BNB, you know that they've built solid reputations in the crypto market, so if their prices dips, it's only a matter of time and they'll begin to pump again. Let's not forget the king of them all, being Bitcoin, a decentralized  cryptocurrency that guarantees ROI.

[trendcoin]

I think it makes sense to categorize investments and make them accordingly. In this context, exchange tokens always deserve attention, as they generally do well in bull markets. However, centralized exchanges sometimes have problems with hacking attacks, decentralized exchanges sometimes have problems with contract vulnerabilities. We should always remember that they are not 100% safe investments...

[JeffBrad12]

Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

I think that BNB, is worth holding because it's backed by Binance, being the top exchange among other exchanges, but speculators categorize exchange tokens that if anything happens to their parent exchanges like being hacked, that the investors capitals in the tokens will go down with the exchange. However I still consider any top altcoins to be worth holding like Ethereum and BNB, you know that they've built solid reputations in the crypto market, so if their prices dips, it's only a matter of time and they'll begin to pump again. Let's not forget the king of them all, being Bitcoin, a decentralized  cryptocurrency that guarantees ROI.

i think we overlook the fact that BNB in itself have Binance Smart Chain backing it up like even if binance somehow performs bad or the exchange got hacked, i think its different entity altogether, the fact that there are many dapps could probably hold up the value quite well when something bad like that occurring.
basically binance has created really good way to secure their BNB or at least give some safety measure for it when binance facing problem so that BNB will not get affected.
so therefore im not really worried if about the value of BNB in the future, even with many problems, its not gonna get shaken that easily.
instead i would worry about other exchange coin that only have utility of cutting those exchange fees.

[tengui]

As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.

one of the most important factors for determining the price of an exchange coin is the exchange itself. If people's trust in the exchange falls and the value of transactions on the exchange also falls, then it is certain that coin prices will also fall. and how worthy an exchange coin is to invest in depends on how much confidence there is in the exchange backing it.

[bolshojkush]

As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.

one of the most important factors for determining the price of an exchange coin is the exchange itself. If people's trust in the exchange falls and the value of transactions on the exchange also falls, then it is certain that coin prices will also fall. and how worthy an exchange coin is to invest in depends on how much confidence there is in the exchange backing it.

There is one undeniable advantage to holding exchange tokens, it is participation in Launchpool and Launchpad, thanks to which investors earn very well. This cannot be denied.

[Tipeform$]

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!

You might have bought many exchange-based tokens in hopes of higher profits. Binance Coin (BNB), Kucoin(KCS) may be the best choice among all the exchange based tokens you have bought. Although I don't recommend going ahead with exchange tokens after you've made a good choice. Also for more profit I suggest you not to be in other coins but I always suggest you to be in bitcoin and ethereum. If you can buy and hold bitcoin and ethereum then I think you will have more success holding bitcoin and ethereum than holding unique coins. Coins on exchange platforms can be disrupted at any time as we saw in the FTX bankruptcy. So be careful and avoid proceeding with such coins later

[slashz9]

Your choice is quite wise, I also agree because there are several factors that encourage it to survive, such as the continued performance of the exchange which means the token will continue to exist and be used.
I think the same thing can also be applied to other projects that have use cases that make these tokens continue to be used.

[husencoe]

I think holding so many tokens will create problems. Tokens could fall drastically. Likewise with token-based exchange, you have to continue monitoring it so you don't lose your money. If you want to hold, do it with coins because coins are better than tokens.

Token-based exchanges also have a big risk if at any time the exchange is hacked. Around 2017, Etherdelta and ForkDelta were the best Etherium exchanges for token-based sales, but then disappeared after several hacking incidents. Many lost their assets overnight.

If you have time to trade, use a good token on a safe exchange. I don't think too much exchange is a good thing. it just puts a burden on your days. If you have a lot of money, go for coins and avoid tokens. Just holding your assets as coin and save it on your wallet, not on exchange.

[Jascrypt]

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!

On the contrary, after BTC and few top alt coins; exchange tokens are the next option for me. It's obvious most coin experience huge dump in price and our digital gold isn't excluded. You have highlighted the attractive use cases of some of these viable exchange tokens and I feel that's convincing to hodl them. Another point worth highlighting about these tokens particularly BNB and BGB which I am currently benefiting from its utilities as it is used for launchpad and launchpool events. If you put those benefits together you would realize those tokens are worth holding compared to most coins in the market but of course you need to understand the fundamentals of any exchange token on your radar before investing.

[Cryptoababe]

On the contrary, after BTC and few top alt coins; exchange tokens are the next option for me. It's obvious most coin experience huge dump in price and our digital gold isn't excluded. You have highlighted the attractive use cases of some of these viable exchange tokens and I feel that's convincing to hodl them. Another point worth highlighting about these tokens particularly BNB and BGB which I am currently benefiting from its utilities as it is used for launchpad and launchpool events. If you put those benefits together you would realize those tokens are worth holding compared to most coins in the market but of course you need to understand the fundamentals of any exchange token on your radar before investing.

You make some excellent points. Exchange tokens can be great long-term investments compared to other alts. I also enjoy holding them, especially for staking/farming benefits like you highlighted earlier for BGB, I think it's exchange, Bitget is celebrating the token; hitting continual ATH with some juicy rewards right now.. Another appealing reason to hold these kinda tokens

[yazher]

Interest in exchange tokens is no longer the same as before, at the stage of their formation. Exchange tokens gained popularity due to interesting and profitable offers, such actions were mainly part of marketing. Now exchanges have already reached their level, of all, I like bnb the most, for me it is more profitable to hold this particular cryptocurrency.

Only if other worthy new exchanges emerge and they also offer more benefits when you buy their tokens just like the other popular exchanges had offered their users back then. Not only do they need to work with their token but they also need to promote their exchanges in order to attract investors we see lots of them fail and they quickly just close it because they are unable to support their needs to maintain it. right now, if you are interested in investing in such tokens, consider looking for the way they promote their exchanges, if they don't do such thing, then it is not recommended to buy their token for they will fall eventually due to their other competitor's non-stop promotions.

[dlightag]

Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.

[Moreno233]

Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.

In my opinion, most exchange based tokens have done exceptionally well, especially those whose exchanges are still waxing strong with good reputation. I have not heard much investors of exchange based token complain or regret investing in such tokens and that is a good sign for me. Even though I have not invested in them before, they are good option because they are supported by real product which guarantees that they do not become worthless.

If I want to consider investing in exchange base token, KCS will likely be my top choice for several reasons which include but not limited to Kucoin being a reliable and innovative exchange with large customer base.

[Bureau]

Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.

I have been holding BNB for quite a long and the returns that it has generated have been good. Apart from getting normal market returns I have been staking them and getting a decent APR. It also helps me to trade on Binance at reduced fees which is a good option for daily traders. As I am not a daily trader I only use that facility whenever I am making any purchase or selling. I do get a small amount of airdrop of new coins when they get listed on Binance. There are a lot of benefits that exchange tokens give.

[Tigerheart3026]

i think exchange based tokens are only profitable as long as their exchange is popular and these coins will not long live without their exchange popularity. as you know binance is the top crypto currencies exchange in the world still now, so there coin bnb is most popular exchange based coin right now. same other some good coins as like kcs,ht, and cake.

[arjunmujay]

i think exchange based tokens are only profitable as long as their exchange is popular and these coins will not long live without their exchange popularity. as you know binance is the top crypto currencies exchange in the world still now, so there coin bnb is most popular exchange based coin right now. same other some good coins as like kcs,ht, and cake.

it's true as you said, BNB has the highest popularity. and the community is very large and solid. that's why the price of this coin has become famous and continues to rise.
different from other coins that are still below it, I'm not pessimistic, but it's better to see first how the exchange is developing so that you don't make mistakes and get profit from exchange coins for a long time.