Exchange Tokens

143 coins #17 Page 2

Exchange tokens offer reduced trading fees and other benefits on centralized exchanges. More

# Coins Price Market cap 24h

The coins below are ranked lower due to missing data. Learn more

51 THORChain (ERC20) RUNE $ 0.399
$ 1.38M
$ 1.38 million
+0.89%
52 Verse VERSE $ 0.0000216
$ 1.00M
$ 1.00 million
-2.57%
53 EXMO Coin EXM $ 0.00518
$ 352,095
$ 352,095
+0.37%
54 ParkCoin KPK $ 1.06
$ 9.56B
$ 9.56 billion
-0.08%
55 WhiteBIT Coin WBT $ 51.40
$ 6.93B
$ 6.93 billion
+0.17%
56 Phemex Token PT $ 0.489
$ 478.95M
$ 478.95 million
+0.04%
57 HitBTC Token HIT $ 0.196
$ 268.25M
$ 268.25 million
-0.06%
58 KYX KYX $ 0.122
$ 122.00M
$ 122.00 million
-5.43%
59 MaiCoin MAX $ 0.284
$ 80.82M
$ 80.82 million
+0.05%
60 XT.com XT $ 3.81
$ 77.39M
$ 77.39 million
+0.37%
61 STON.fi STON $ 0.342
$ 34.21M
$ 34.21 million
-2.64%
62 GECOIN GEC $ 0.147
$ 14.13M
$ 14.13 million
+0.00%
63 MonbaseCoin MBC $ 0.0564
$ 10.70M
$ 10.70 million
-1.43%
64 Nomoex Token NOMOX $ 0.00390
$ 9.75M
$ 9.75 million
+2.15%
65 BigONE Token ONE $ 0.000455
$ 5.27M
$ 5.27 million
+0.07%
66 CoinW Token CWT $ 0.133
$ 3.33M
$ 3.33 million
+0.38%
67 Coinbase Wrapped LTC cbLTC $ 53.94
$ 2.81M
$ 2.81 million
+0.13%
68 ChronoTech Token TIME $ 2.51
$ 1.78M
$ 1.78 million
-14.48%
69 Waves.Exchange Token WX $ 0.00161
$ 1.22M
$ 1.22 million
+1.93%
70 ICPSwap Token ICS $ 0.00270
$ 1.02M
$ 1.02 million
-1.64%
71 LBank LBK $ 0.000442
$ 883,509
$ 883,509
-3.15%
72 CoinLion LION $ 0.00264
$ 690,250
$ 690,250
-0.90%
73 Astherus ASTHERUS $ 0.000272
$ 271,717
$ 271,717
-12.06%
74 Baseswap Token BSWAP $ 0.00418
$ 41,795
$ 41,795
+0.03%
75 AlphaExchangeAI AEA $ 0.0000192
$ 19,234
$ 19,234
-0.07%
76 Catex CATT $ 0.0000110
$ 9,680
$ 9,680
+0.00%
77 BaseX BSX $ 0.000895
$ 5,987
$ 5,987
+0.65%
78 Viking Swap VIKING $ 0.0₅449
$ 336
$ 336
-1.56%
79 Crypto.com MCO $ --
$ --
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80 Bibox Token BIX $ --
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81 BitKan KAN $ --
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82 Kick Token KICK $ --
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83 NitroEx NTX $ --
$ --
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84 BTSE Token BTSE $ --
$ --
$ --
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85 LocalCoinSwap Cryptoshare LCS $ --
$ --
$ --
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86 Mandala Exchange Token MDX $ --
$ --
$ --
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87 DigiFinex Cash DFC $ --
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88 FinexboxToken FNB $ --
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89 ABCC Token AT $ --
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90 Yobit Token YO $ --
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91 Nash Exchange NEX $ --
$ --
$ --
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92 ViteX Coin VX $ --
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$ --
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93 Bitpanda Ecosystem Token BEST $ --
$ --
$ --
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94 OceanEx Token OCE $ --
$ --
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95 VinDax Coin VD $ --
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96 Tokenize Xchange TKX $ --
$ --
$ --
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97 ProBit Token PROB $ --
$ --
$ --
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98 Mastercard Inc MA $ --
$ --
$ --
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99 BOLO BOLO $ --
$ --
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100 MCDex MCB $ --
$ --
$ --
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Trending Exchange Tokens

Top Gainers

Coins Price Market cap 24h
Cetus CETUS $ 0.0270
$ 24.92M
$ 24.92 million
+4.13%
OKB OKB $ 85.20
$ 1.79B
$ 1.79 billion
+2.76%
Sun SUN $ 0.0174
$ 334.10M
$ 334.10 million
+2.03%
Aerodrome AERO $ 0.323
$ 299.22M
$ 299.22 million
+1.30%
GateToken GT $ 6.54
$ 753.99M
$ 753.99 million
+1.23%
All Gainers

What are exchange tokens?

Exchange tokens are proprietary cryptocurrencies minted by centralised exchanges (CEXs) to bootstrap liquidity, reward loyalty, and power parallel ecosystems.
Holders unlock trading-fee discounts, staking yields, card cashback, launchpad allocations, and sometimes governance rights over a dedicated blockchain (e.g., BNB Chain).
Market leaders include BNB, OKB, CRO, KCS, and HT; combined market-cap exceeds $100 B but is tightly coupled to exchange health.

Quick Facts

  • Purpose: Reduce fees, raise capital, incentivise staking, fund buy-back burns, power chain gas.
  • Supply model: Usually capped with quarterly burns funded by platform profits (deflationary).
  • Blockchains: Mostly ERC-20 initially; later migrated to native chains (BNB, Cronos, OKTC).
  • Regulatory grey zone – often classed as utility tokens, but SEC has flagged some as potential securities.
  • Counter-party risk – value collapses if exchange becomes insolvent (FTX ➔ FTT -99 %).

Top Exchange Tokens (Live Examples)

Token Ticker Exchange 2024 Perks Snapshot
BNB BNB Binance 25 % fee discount, BNB Chain gas, launchpad lottery.
Cronos CRO Crypto.com Card cashback up to 5 %, trading rebates, NFT drops.
OKB OKB OKX Fee discounts, Jumpstart launchpad, OKTC gas.
KuCoin Token KCS KuCoin Daily dividend (50 % platform rev-share), fee discount.
HTX Token HT HTX (ex-Huobi) Fee rebates, PrimePool access, chain gas.
Bitget Token BGB Bitget Futures fee discount, launchpad, copy-trading boosts.
MX Token MX MEXC Launch-Kickstarter votes, fee discounts, airdrops.

How It Works

  1. Exchange mints token → sells or airdrops to early users.
  2. Traders opt-in to pay fees in the token → receive 10-25 % discount.
  3. Quarterly burn – platform uses part of profits to buy & burn tokens, reducing float.
  4. Staking tiers – lock X tokens for higher APY, lower futures fees, or launchpad allocation weight.
  5. Ecosystem expansion – token becomes gas for native chain, DeFi, NFT marketplaces, and cards.

Benefits

  • Cheaper trading – fee discounts compound for high-volume users.
  • Passive income – staking, dividends, and launchpad flipping can beat bank rates.
  • Launchpad access – new-token sales often require exchange-token tickets, creating scarcity.
  • Ecosystem gas – BNB, CRO, OKB needed for dApps, NFT mints, and validator staking.
  • Deflationary burns – supply shrinks as exchange revenue grows (theoretically price-supportive).

Risks & Trade-offs

  • Centralised issuer – exchange can change utility rules or burn schedule at will.
  • Solvency contagion – token price crashed 70-99 % when FTX, Celsius, and Voyager folded.
  • Regulatory action – SEC suits against exchanges can delist or freeze token utility (e.g., BUSP).
  • Low float manipulation – thin order books allow insiders to pump perks temporarily.
  • Circular value – token worth less if trading volumes drop, creating reflexive downside.
  • Staking lock-ups – 30-180 day unbonding periods prevent quick exits during crises.

Final Thoughts

Exchange tokens are loyalty points on steroids: they save money today, fund launches tomorrow, and occasionally morph into full-blown L1 gas.
The catch? Your investment is a bet on both crypto trading volumes and a single company’s balance sheet.
Use them for discounts or short-term trades, but don’t HODL blindly—track proof-of-reserves, burn wallets, and regulatory headlines.

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