Exchange Tokens

144 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 LATOKEN LA $ 0.00386
$ 1.54M
$ 1.54 million
+0.00%
52 THORChain (ERC20) RUNE $ 0.412
$ 1.42M
$ 1.42 million
+3.13%
53 Verse VERSE $ 0.0000273
$ 1.28M
$ 1.28 million
+2.28%
54 EXMO Coin EXM $ 0.00522
$ 355,289
$ 355,289
+0.67%
55 ParkCoin KPK $ 1.08
$ 9.71B
$ 9.71 billion
+0.13%
56 WhiteBIT Coin WBT $ 54.66
$ 7.37B
$ 7.37 billion
+0.83%
57 Phemex Token PT $ 0.505
$ 494.43M
$ 494.43 million
+1.43%
58 HitBTC Token HIT $ 0.211
$ 288.04M
$ 288.04 million
+1.99%
59 KYX KYX $ 0.132
$ 132.00M
$ 132.00 million
+0.00%
60 XT.com XT $ 4.26
$ 86.56M
$ 86.56 million
+1.94%
61 MaiCoin MAX $ 0.288
$ 82.10M
$ 82.10 million
-0.25%
62 STON.fi STON $ 0.325
$ 32.51M
$ 32.51 million
+1.87%
63 MonbaseCoin MBC $ 0.0614
$ 11.65M
$ 11.65 million
+9.07%
64 Nomoex Token NOMOX $ 0.00373
$ 9.33M
$ 9.33 million
-0.29%
65 GECOIN GEC $ 0.0700
$ 6.75M
$ 6.75 million
+0.00%
66 BigONE Token ONE $ 0.000486
$ 5.63M
$ 5.63 million
+0.21%
67 CoinW Token CWT $ 0.125
$ 3.13M
$ 3.13 million
-0.38%
68 Coinbase Wrapped LTC cbLTC $ 55.47
$ 2.89M
$ 2.89 million
+2.57%
69 ChronoTech Token TIME $ 3.83
$ 2.72M
$ 2.72 million
+13.93%
70 Waves.Exchange Token WX $ 0.00177
$ 1.34M
$ 1.34 million
+3.25%
71 ICPSwap Token ICS $ 0.00311
$ 1.18M
$ 1.18 million
+6.03%
72 CoinLion LION $ 0.00228
$ 595,178
$ 595,178
+1.42%
73 Astherus ASTHERUS $ 0.000249
$ 249,326
$ 249,326
-3.19%
74 Baseswap Token BSWAP $ 0.00539
$ 53,868
$ 53,868
+9.75%
75 AlphaExchangeAI AEA $ 0.0000191
$ 19,098
$ 19,098
+0.15%
76 Chia Warped DBX wDBX $ 0.0160
$ 3,544
$ 3,544
-6.71%
77 Crypto.com MCO $ --
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78 Bibox Token BIX $ --
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79 BitKan KAN $ --
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80 Kick Token KICK $ --
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81 NitroEx NTX $ --
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82 Catex CATT $ --
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83 LocalCoinSwap Cryptoshare LCS $ --
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84 Mandala Exchange Token MDX $ --
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85 DigiFinex Cash DFC $ --
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86 FinexboxToken FNB $ --
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87 ABCC Token AT $ --
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88 Yobit Token YO $ --
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89 LBank LBK $ --
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90 Nash Exchange NEX $ --
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91 ViteX Coin VX $ --
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92 Bitpanda Ecosystem Token BEST $ --
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93 OceanEx Token OCE $ --
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94 VinDax Coin VD $ --
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95 Tokenize Xchange TKX $ --
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96 ProBit Token PROB $ --
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97 Mastercard Inc MA $ --
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98 BOLO BOLO $ --
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99 MCDex MCB $ --
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100 UpBots UBXT $ --
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Trending Exchange Tokens

Top Gainers

Coins Price Market cap 24h
Time TIME $ 3.73
$ 2.65M
$ 2.65 million
+37.06%
Maverick Protocol MAV $ 0.0158
$ 12.67M
$ 12.67 million
+12.53%
Raydium RAY $ 0.676
$ 181.57M
$ 181.57 million
+5.68%
Quickswap[New] QUICK $ 0.0111
$ 20.70M
$ 20.70 million
+4.82%
Cetus CETUS $ 0.0209
$ 19.55M
$ 19.55 million
+4.64%
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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