Crypto Exchanges Native Tokens May Leave Bitcoin Behind

Crypto exchanges’ native tokens may serve as a decent alternative to both world reserve currencies and popular cryptocurrencies. Trading platforms stake on their own tokens as one of the main business tools, which increases their importance in the eyes of investors, primarily large institutionalists.

Exchanges capable of providing liquidity to such assets increase their chances of becoming leaders in the crypto services market because they not only allow users to trade digital assets but also to participate in over-the-counter trading and ICOs. In 2019, crowdsales conducted by Binance, Huobi, KuCoin and BitMax, amazingly succeeded – new start-up tokens were sold out in a matter of seconds.

So, why exchange tokens are becoming all the rage and what is the difference between them and “traditional” cryptocurrencies? 

Reduced fees

Unlike Bitcoin, crypto exchange coin’s functionality is not limited to only p2p payments. It’s an integral part of the project’s ecosystem, which…