Hi Readers,
It is no wonder that most of the investors would have a game play in crypto assets building.
One such a game plan is investing in Centralised Exchange Token.
This is because, no matter how the Crypto moves - both up or down, the Centralised Exchanges would have trading charges according to the trades. The volume of the trades are important for these exchanges.
Most of the investors would accumulate these native tokens when are trading in low. But they do expect it would bump up to many X's when the bull cycle comes.
The recent collapse FTX ( Their native coin is FTT) created a shock waves/tremor to this game plan widely.
So one expects the reserves that all the centralised exchanges that have.
Today, let's discuss the interesting thing on this with the centralised exchange tokens that I am quite interested to watch is BNB ( That of Binance- The largest Crypto Currency Exchange), Huobi's HT, KCS token of the popular Kucoin, OKB of OKX, CRO of Crypto.com, Gate Token GT.
At this time of writing this article, the prices of these tokens are as follows. Their rank according to the coinmarketcap.com
BNB- $ 269. 30 (Rank# 5)
HT - $ 4.38 ( Rank#55)
KCS - $ 7.11 ( Rank#54)
OKB- $ 20.36 (Rank#36)
CRO- 0.06918 (Rank#29)
Gate- $ 3.54(Rank#79)
Hence, make your own research, analysis and make the gameplan in trading with the Centralised Exchange Tokens.
