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clock Created with Sketch. 30/07/23
22:19
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Originally posted by Kizozo:
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Today in the world of crypto, BNB has become a household name. As of May 31 2023, the token is the 4th largest cryptocurrency just behind BTC, ETH and USDT. Though it was recently flipped by XRP which now occupy the 4th position in terms of market capitalization after their partial victory against SEC.Since 2017 till date, BNB has witnessed incredible milestone and it's obviously one of the tokens investors are constantly looking out to invest in but of course, it didn't just started this big. Perhaps many people don't know the token was launched for as low as 0.1 USDT back in July 2017.FTT the native token of FTX was another exchange token many was looking at until the sudden collapse of the exchange in November 2022. Exchange tokens popularity are currently on the rise because of some certain advantages they poses in using a particular exchange which include but not limited to the following; early access to IEOs, staking rewards, discount on transaction fees, free withdrawal e.t.cSome exchanges like Bitget, MEXC and OKX with native token BGB, MX and OKB respectively are looking really promising but which one can actually replicate the form of BNB is the question.
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I was unsure about investing in BNB because I mainly focused on BTC. However, I decided to try it out because it was low in price and it turned out to be quite satisfying. Now, after reading your post, I'm curious if there are other exchange tokens that can offer a similar experience. I'll explore some of the ideas you mentioned.
