Performance of Exchange and their Token

[Webetcoins]

Surprisingly those Bitget spammers got the top 2 spot and overtake almost all of the new exchanges. I never use this exchange before and I will never use this in the future due to the shill type you guys doing here in the forum.

I’m surprised that you forgot to include Kucoin on your list while it’s one of the oldest CEX that has a huge volume too probably next to Binance. Their KCS token too is also performing well. I doubt that the guy who created the graphics forgot it or else you guys just want to show Bitget getting the top 2 spot next to Binance?

Lol yeah, Bitget spammers because I always saw Bitget being mentioned across the forum. They are try hard, that it makes us annoy already more than being impressed. They are only lucky that there are some results about the efforts that they are doing.

I'm like you that even this exchange ranks first and over take Binance, I won't still use them. You are right about Kucoin and I think some orders of the exchange are not right. I'm surprised to see Coinbase being too far in the list while other exchange seems newer than it. I think there is a fabrication going on here and their only goal is to highlight their beloved exchange. Tsk tsk tsk..

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[AVE5]

Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.

Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand

You're right. Investors and series of clients who finds comfortabilities and reliably trading on a particular exchange definitely the exchange has been offering great services.
At such rhythms there'd always be tendencies of trusts with the persons trading on the exchange and without being told, whatever coin that's being listed among in the same exchange wouldn't only thread in the market cap but a massive adoptions by those who're in the trading alliance with the exchange.
Behold, exchange serves to offer more values to new coins based on the dominance capacity of the exchange and so when an exchange is weak, so also the coins goes weak unless the coin has already backed itself potentials right from a blockchain.

[JeffBrad12]

Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.

Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand

You're right. Investors and series of clients who finds comfortabilities and reliably trading on a particular exchange definitely the exchange has been offering great services.
At such rhythms there'd always be tendencies of trusts with the persons trading on the exchange and without being told, whatever coin that's being listed among in the same exchange wouldn't only thread in the market cap but a massive adoptions by those who're in the trading alliance with the exchange.
Behold, exchange serves to offer more values to new coins based on the dominance capacity of the exchange and so when an exchange is weak, so also the coins goes weak unless the coin has already backed itself potentials right from a blockchain.

ts all come down to the access of capital, the reason why most of coin goes so hard with getting listed on big exchange is because simply put these coins are already under thorough review by the exchange themselves so people are more trusting toward the coin since its already being reviewed it means green light for anyone trying to make profit from investing in this coin.
moreover, the access to massive capital and we are talking billions of trading volume here means garnering attention from the trader and that also means easy pump for the coin itself.
thats why exchange like binance is pictured to be a place where there's so many coin worth investing, even the exchange token that binance is having have been climbing up from few dollars to the current price right now I still remember it clearly that back then binance's BNB isn't priced as it is today but here we are.

[Bellarg]

I remember how i bought a lot of bnb several years ago when it was cheap because it was annonying to buy it with small portions to use it to cover fees. And now years after its one of my best investment. Sad that i not bought really a lot in the first place

[cryptoaddictchie]

This is one of the simplest analysis that will tell you and show you how far not only an exchange can go but also how well their token could be in the long. I hope this help someone there trying to make decisions on exchanges to use and their token and for what purpose.

Well its not bad grinding for new tokens especially they have a good exchange and accumulating tokens might be a good way to earn it. Also we all know that exchange tokens are giving some free or privilege to their users but of course we should be cautious too. Among the list we probably all like BNB since it has a lot of usecases especially on farming tokens and coins. While others also the same with potential too.

[Slow death]

not so confident about that Bitget tbh i find it the next to FTX to crumble the market in the next bear market. SEC is already up to looking at this market every now and then and if they really wanted to regulate the market with efficiency, they would have looked into Biget already while it's yet not acting like a scam.

now that it's becoming popular it will be best for them to check out already. but i have a friend who signed up on this exchange which i gave him $300 to buy me BGB to keep in his account and will tell him when to sell it.

the fate of exchanges, Is regulation, after I saw many cases where US regulators punished exchanges that committed many infractions, I started to not trust exchange tokens, but I see that bnb is the only altcoin that is more trustworthy when I compare it with tokens or altcoins from other exchanges. perhaps due to the fact that the bnb owner always appears to be a thoughtful person and willing to respect and comply with the laws that regulators in the USA and other countries impose. When I saw this thread that looks more like the OP is promoting a certain exchange, I immediately remembered this news:

SEC issues Wells notice to DeFi protocol Uniswap

The U.S. SEC issued a Wells notice to the decentralized exchange Uniswap on April 10, the team confirmed on social media.


The United States Securities and Exchange Commission has issued a Wells notice to the decentralized exchange Uniswap.

source: https://cointelegraph.com/news/sec-issues-wells-notice-defi-protocol-uniswap

eventually all exchanges went through the same situation that binance, bitmex, ftx and other exchanges went through when they committed some illegal act and US regulators punished the exchange owners. This happens because most of the time the people who create these exchanges behave as if the rules and laws of the real world do not apply on the internet. They forget that in the real world for a person to open a physical exchange business, the person needs to go through a lot of bureaucracy, the person will need authorization from the central bank and other regulatory agencies to have the license and be able to operate. But on the internet, people who invest money in these exchange tokens don't stop to think about it much and when the exchange collapses, so does the token.

I remember how i bought a lot of bnb several years ago when it was cheap because it was annonying to buy it with small portions to use it to cover fees. And now years after its one of my best investment. Sad that i not bought really a lot in the first place

now bnb is rising in price a lot, and it's something tempting, I'm watching and thinking if I could buy something and sell it as soon as I make a considerable profit, looking at the current price I don't see it as being a good buying point, I'll wait for a drop and after this probable drop if the price will stabilize and show some sign of continuation of the rise, as soon as I see such a signal then I buy and place a strategic stop loss

[deathcode]

I don't know how many people do this, checking exchanges on monthly basis to know their performance and know how to go about them. This is a source from Coinglass that shows the top cex that has done well this month.

some users may not have many accounts on exchanges. only have one or two accounts on the CEX exchange for trading purposes that they already trust and think they are comfortable with.
I don't think many people will check the performance of the exchange. maybe check when they have new tokens in their wallets that are planning to be listed on CEX.
it may be different for those who trade with an Arbitrage strategy. they definitely monitor how developments and changes occur in each exchange to look for opportunities.

[Tipstar]

I don't know how many people do this, checking exchanges on monthly basis to know their performance and know how to go about them. This is a source from Coinglass that shows the top cex that has done well this month.

some users may not have many accounts on exchanges. only have one or two accounts on the CEX exchange for trading purposes that they already trust and think they are comfortable with.
I don't think many people will check the performance of the exchange. maybe check when they have new tokens in their wallets that are planning to be listed on CEX.
it may be different for those who trade with an Arbitrage strategy. they definitely monitor how developments and changes occur in each exchange to look for opportunities.

There are a few exchanges I use and it doesn't matter and I don't check how they are performing on monthly basis. Binance surely is the leader and is one of my most used exchange. It satisfied most of my needs on cheap transaction fees and withdrawal fees.
There are a few more exchanges I use for some special coins or for some special needs like higher interest rate on staking or options for bot trading.
The exchange coin doesn't always signifies the success of the exchange as they are differently utilized on each exchange. Even though they perform well on bull market they are not among the best performing genre of coins recently. Meme coins and Smart chain tokens outperform them everytime.

[johnsaributua]

That the coin exchange is getting more and more crowded and as if this is a good opportunity so keeping it long-term is the potential for the past to repeat itself. Let's say binance is the king of the bnb market, I remember very well how outstanding the bnb chain was when farming shitcoin in the past and carved a fragrant defi history and made people successful in their achievements, more than just profits in trading, illogical but real, when some people were able to turn tens of $ into thousands of $. I still remember when bnb was still $ 30 / bnb. Because people are used to and comfortable using binance even though it is not too dense for bnb . Also today's cex is looser meaning that any project chain can enter binance including other cexes. Binance, okx and bybit in my opinion are quite convenient, although I use bnb more often than okb etc.