Were you lucky enough to acquire Binance´s BNB Coin in its infancy around 2018? If so today you would have been UP not less than 570 366%!!! Don´t believe me, check out the graph below.
My point is, Exchanges, in particular Centralised Exchanges with unicorn qualities (Sound teams, projects with utility and backed by heavy-hitter Sillicon valley funds etc) give early investors an unprecedeted opportunity to be on the profitable side of Crypto history!
Let´s first acknowledge, at a simplified level, the PROS and CONS of Centralised Exchanges FIRST:
Advantages of Centralised Exchanges
- Facilitate adoption of Cryptocurrencies as well as their trade in general.
- Safekeep and guard Crypto assets for you
- Expose investors to potential unicorn projects ( Always do your research) - For example Coinbase, a NYSE listed exchange has the reputation of listing sound, vetted projects qualified in their own stringent internal process, careful not to piss of US Fiscal authorities.
- Relative security (In general they have the infrastructure, blockchain robustness and armies of super capable and well-paid developers to keep our assets safe BUT...)
Disadvantages of Centralised Exchanges:
- Delegating keys to your Crypto to an Exchange = Not your keys, not your Crypto
- Transfer Fees....Moving your Crypto around can be costly
- Relative security as with advantages above, Exchanges are also highly sought after by skilled cyber criminals (see incidence below)
However, taking all those positive and negative factors into account, for those looking to grow their portfolios and invest in sound projects, COINS or TOKENS from legitimate Crypto Exchanges can be lucrative over the long haul. Take for example the BINANCE Coin. It was created in 2017 through an Initial Coin Offering at $0.15. As of TODAY, December 2nd 2021 it is trading at $623.2, an astronomical +570366.78% swing from it´s humble beginnings. What´s my point? Looking to coins or tokens from Exchanges can offer a relatively secure shot at huge gains...AGAIN these are my views NOT FINANCIAL ADVISE!
So let´s dive into coins and tokens from Centralised Exchanges I believe would yield amazing returns. By the way, the other reason I love hodling coins or tokens from exchanges is the possibility of receiving airdrops of the same token or coin too. It is not guaranteed, but you will certainly be qualified if they happen.
My list of bullish Centralised Exchange coins or token under $50 (listed in descending order of marketcap from CoinMarketCap) are:
1) CRYPTO.COM COIN (~$0.70)
Currently ranked at number 14 on CoinMarketCap, Crypto.com COIN (CRO) is a native coin from the Crypto.com Exchange. Crypto.com Exchange was founded in 2016 and has headquarters in Singapore. This exchange is currently enjoying many sweet moments which are driving it´s growth including the renaming of the Staples Center as Crypto.com Arena in a 20 year deal valued at $760M plus partnerships with the teams Lakers team and LA Kings. Moreover, the exchange has also been strategically purchasing other exchanges namely the North American Derivatives Exchange Inc. (Nadex) and the Small Exchange Inc. To spice things up a little more many other exchanges have been either listing Crypto.com´s CRO individually or as pairs, hence exposing CRO to more markets. For me it is a no-brainer and it is still very cheap to acquire. The website, priceprediction.net, projects it´s price in 2025 to be about $3.35:DYOR!
FOR FANS: Heck, the founders at Crypto.com even got an Oscar awarded director and Matt Damon ( Oscar winner himself) to make a very compelling PRO-CRYPTO ad, with close to 7M views on Youtube currently ! Check it out here.
2)FTX Token (~$49.44)
FTX was co-founded by Sam Bankman-Fried and Gary Wang, in 2018. Sam Bankman-Fried is the CEO and is popularly known as the richest and youngest Crypto hodler in history. Like Crypto.com, FTX exchange has also teamed up with pro-sports to promote itself to the masses. Currently, it sponsors Kentucky Wildcats, has become the “first-ever umpire uniform patch partner” of Major League Baseball, has signed a 10-year sponsorship deal with TSM Esports, signed renaming rights of Miami Heat stadium to FTX Arena (image below) and last but not least boasts sports star Tom Brady and supermodel wife Gisele Bündchen as brand ambassadors...Apart from publicity and marketing campaigns, FTX Exchange is playing key roles in NFT projects and even climate change through it´s foundation, FTX Foundation. FTT Token is currencly ranked 32 on CoinMarketCap and is trading at $49.44. According to the WalletInvestor website it is predicted to reach about $315 in 5 years. AGAIN, Not Financial Advice!
3)KuCoin Token (~$25.43)
KuCoin was launched in September 2017 by by Michael Gan and Eric Don. It´s headquarters are located in Singapore. It offers many, if not all, of the services of it´s other popular counterparts like buying and selling crypto as well as margin, futures, and peer-to-peer trading. In recent news, KuCoin Labs ( the investment and research arm of this global leading exchange) is expanding into the hot topic of late, the Metaverse as well as the NFT space in collaboration with Huobi-backed SocialFi Platform with a pricetag of $100M. In fact, KuCoin aims to boost mass adoption of Cryptocurrencies, NFTs and The Metaverse in emerging markets like Africa and South America. KuCoin Token (KCS) is currently trading at $25.43 therefore shooting up from about $0.342 in 2019, which is about 7413.1% rise. You will also find it rated 74 on CoinMarketCap as of late.
4) Huobi Token (~$9.77)
Rated 81st on CoinMarketCap, Huobi Token (81), this exchange with links to China, got backing and investments from industry esteemed funds like Sequoia Capital group. It´s other impressive record is bringing in over $4 billion in turnover three months after going live. Initially founded in China, Huobi has since moved to Singapore in a move to avoid Crypto crackdown in their home country. That move, at the time as a means of survival, turned out to be their thriving tactic as they swiftly expanded internationally. Distinguishing attributes of Huobi include offering a large selection of projects from Asia, particularly Korea, Singapore, and China. In addition you can expect speedy customer service with response times in an hour or less. Lastly, and similar to the other Crypto Exchange unicorns, Huobi is launching a Huobi NFT metaverse marketplace. The Huobi Token price currently trades at $9.77 and it is predicted to reach $44.26 in 2028. Register below, click on the image and get $20, no questions asked!
5) OKB Token (~$27.54)
OKB is a global utility token issued by OKEx Blockchain Foundation.The token was launched in 2019 and is originally Maltese. By volume, it is the world’s second-largest cryptocurrency exchange. This token and exchange enjoyed huge publicity when it announced and awarded 100 OKB tokens as crypto rewards for every Olympic gold medalist in the South Asia region. It´s main USP is providing discounts on trading fees. The strength of OKEx Exchange lies in it´s partnerships with Crypto heavyweights like Bittorent, QLC Chain, Tripio, True chain, and Certik. It´s popularity and reputation, is clear when it is compared shoulder to shoulder with Binance.com. This general acceptance and availability of the OKB Token is demonstrated by the fact that it can be accessed from wallets such as Coinomi Wallet, COBO Wallet, BuyUCoin Wallet, Infinito Wallet, and many others. The current OKB is $27.54 and ranks 79th on CoinMarketCap platform.
Sign up below and start enjoying rewards as well as other trading opportunities available like participating in pools, swaps and auctions.
......................................................................................................................................... ....................................................................................
How I earn money online passively:
I share my internet connection and earn money, simply earn for being online with Honeygain.
I also earn in Cryptocurrencies:
By writing on noise.cash and read.cash
I earn Bitcoins from Cointiply by filling out questionairres and participating in chats or faucets.
Moreover, I earn interest of my earned Crytocurrencies therefore compounding and growing my earnings here.
MY OTHER CRYPTO EARNINGS:
1) Through staking on Binance here. Use the link to join Binance and earn on your Crypto, stake , swap your Crypto and participate in Launchpads.
2) Receive 6.20 APY on my Bitoin thanks to Celsius Network deposited every Monday. [ Use my referral code 184283812c when signing up and earn $50 in BTC with your first transfer of $400 or more-You will be required to maintain the balance for 30days!]
3) Earn NEXO passively off my other Crypto investments on NEXO. Top up tp $100 or more, we’ll reward both of you with $25 in BTC. Moreover you can earn up to 17% on Polkadot and Avalanche in a current earnings campaign.
4) Obtain 3.50 interest rate on my BAT Tokens from BlocFI.
5)Participate in missions and other campaigns to earn Crypto.com´s native token CRO here.
6) LEARN & EARN from COINBASE a variety of Altcoins like Stellar Lumens (XLM), The Graph (GRT), Loopring (LRC) and many more. Get your $10 BTC from Coinbase if you trade, i.e buy or sell $100 in Crypto.