Why Are Exchange Tokens a good investment?
AAX (Atom Asset Exchange)is the latest entrant in the digital asset trading world. AAX is designed keeping in the mind both the needs o both retail and institutional investors AAX will be the first cryptocurrency exchange which is built with LSEG Technology (the same technology that drives major exchanges like London Stock Exchange as well as other major exchanges, including Borsa Italiana, HKEX, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange etc).
Recently AAX has announced the launch of own AAX Exchange Token (AAB) which is designed in providing special benefits to users as well as enable the platform users to engage innovative financial instruments.
In this article, let’s have a detailed look at why exchange tokens can be a good investment and why you should consider investing in.
A short history
Exchange tokens started to come into prominence around the mid of 2017. Majority of them are categorised as utility tokens with the goal is to give more advantages to the holders. It can be used in exchange for lower trading fees( like BNB) or to provide exchange users with some governance rights(Like HT).
Coming to ROI, even in this bear market, the majority of the tokens are giving better returns to the investors. This makes them a great investment
Let’s take a look at some of the excellent performing Exchange tokens
BNB (Binance Token)
Among the lot, BNB can be said as the best performer. From ICO price of 0.155 now trading at around $12.2, it has given its investors a great ROI. BNB is currently running in its own chain and offers several advantages to its holders in the form of trade discounts, votes as well as a chance to participate in Binance Launchpad as well. It can be also used in Binance DEX as GAS as well.
HT(Huobi Token)
Huobi Tokens or HTs are token issued by Huobi, one the world’s leading cryptocurrency exchanges based out of Singapore. It is currently an ERC20 based token, but which be moved to its own chain with the launch of Huobi Chain.
HT offers a wide range of uses as well as a great deal of value enhancement to users.
KuCoin Shares (KCS)
Unlike BNB and HT, KuCoin Shares offers dividends to users who hold their Exchange token. The token is issued by KuCoin, a Hong Kong-based mega exchange. On a daily basis, KCS holders will be getting a part of 50% of trading fees known as the KuCoin Bonus as per the amount of the KCS they hold. Currently trading at $1.13, it has provided its investors with handsome returns.
In conclusion, exchange tokens represent a very low-risk investment in the current market. If you have missed a past investment opportunity, now you have a chance to invest in AAX Exchange Token offering (AAB) which is building a professional, global and secure marketplace for digital assets.
AAB
AAX will be launching the Public Sale phase in the month of April. Public sales will be offered as 4 round with price ranging from 0.5 to 1 USD
Users can use AAB as a discount mechanism as well as to unlock special features and services, subscribe to social trading programs, gain access to special digital assets and financial instruments etc.
In total,50 million AAB will be issued and half of which will be bought back and burnt on a daily basis
You can be part of the event by registering at https://aab.aax.com/en/
If you don’t have an AAX account, You can sign-up using this link !!!
For more details, you can visit.
- Website: https://aab.aax.com/en/
- Twitter: https://twitter.com/AAXExchange
- Telegram: https://t.me/aaxcommnity
Disclaimer: This article is not intended as investment advice. You should always do your research and invest your capital wisely. I don’t own the token, neither will I be rewarded in any way for writing this article.
