Exchange Tokens

140 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 Quidax Token QDX $ 0.0687
$ 5.28M
$ 5.28 million
+11.11%
52 Camelot Token GRAIL $ 109.84
$ 2.57M
$ 2.57 million
-8.93%
53 LATOKEN LA $ 0.00561
$ 2.24M
$ 2.24 million
+0.00%
54 ProBit Token PROB $ 0.0113
$ 2.15M
$ 2.15 million
-6.77%
55 THORChain (ERC20) RUNE $ 0.585
$ 2.02M
$ 2.02 million
+1.81%
56 Verse VERSE $ 0.0000402
$ 1.78M
$ 1.78 million
-0.86%
57 EXMO Coin EXM $ 0.00654
$ 444,805
$ 444,805
-1.92%
58 Crypto.com MCO $ --
$ --
$ --
--%
59 Bibox Token BIX $ --
$ --
$ --
--%
60 BitKan KAN $ --
$ --
$ --
--%
61 NitroEx NTX $ --
$ --
$ --
--%
62 BTSE Token BTSE $ --
$ --
$ --
--%
63 Mandala Exchange Token MDX $ --
$ --
$ --
--%
64 DigiFinex Cash DFC $ --
$ --
$ --
--%
65 Yobit Token YO $ --
$ --
$ --
--%
66 Nash Exchange NEX $ --
$ --
$ --
--%
67 Bitpanda Ecosystem Token BEST $ --
$ --
$ --
--%
68 MCDex MCB $ --
$ --
$ --
--%
69 Thorstarter XRUNE $ --
$ --
$ --
--%
70 Phemex Token PT $ 0.683
$ 669.13M
$ 669.13 million
+2.51%
71 HitBTC Token HIT $ 0.283
$ 387.42M
$ 387.42 million
+1.07%
72 XT.com XT $ 5.05
$ 102.59M
$ 102.59 million
+0.52%
73 KYX KYX $ 0.0950
$ 95.00M
$ 95.00 million
+5.56%
74 MaiCoin MAX $ 0.320
$ 91.25M
$ 91.25 million
-0.07%
75 STON.fi STON $ 0.405
$ 40.51M
$ 40.51 million
-0.37%
76 DEXZBITZ DXBE $ 1.01
$ 21.31M
$ 21.31 million
+1.11%
77 Nomoex Token NOMOX $ 0.00720
$ 18.00M
$ 18.00 million
+0.00%
78 MonbaseCoin MBC $ 0.0638
$ 12.10M
$ 12.10 million
+0.50%
79 CoinW Token CWT $ 0.233
$ 5.83M
$ 5.83 million
-3.44%
80 BigONE Token ONE $ 0.000464
$ 5.38M
$ 5.38 million
+1.31%
81 ChronoTech Token TIME $ 6.08
$ 4.32M
$ 4.32 million
+1.16%
82 Waves.Exchange Token WX $ 0.00448
$ 3.41M
$ 3.41 million
-2.81%
83 Coinbase Wrapped LTC cbLTC $ 77.90
$ 2.40M
$ 2.40 million
+0.28%
84 CoinLion LION $ 0.00687
$ 1.79M
$ 1.79 million
+0.12%
85 ICPSwap Token ICS $ 0.00340
$ 1.29M
$ 1.29 million
-3.12%
86 Bitrue Token BTR $ 0.0257
$ 1.29M
$ 1.29 million
+0.05%
87 Astherus ASTHERUS $ 0.000987
$ 987,157
$ 987,157
-0.64%
88 AlphaExchangeAI AEA $ 0.000789
$ 788,880
$ 788,880
-70.91%
89 Baseswap Token BSWAP $ 0.0147
$ 146,831
$ 146,831
+1.14%
90 BaseX BSX $ 0.00285
$ 19,039
$ 19,039
-0.19%
91 Pluto Pluto $ 0.0000126
$ 12,632
$ 12,632
+0.61%
92 BitBlocks Finance BBKFI $ 0.000799
$ 5,881
$ 5,881
+0.80%
93 FistToken FIST $ --
$ --
$ --
--%
94 Digital Financial Exchange DIFX $ --
$ --
$ --
--%
95 Local Traders LCT $ --
$ --
$ --
--%
96 Chia Warped DBX wDBX $ --
$ --
$ --
--%
97 NONKYC NKYC $ --
$ --
$ --
--%
98 Molten MOLTEN $ --
$ --
$ --
--%
99 BIX Token BIX $ --
$ --
$ --
--%
100 Catex CATT $ --
$ --
$ --
--%

Trending Exchange Tokens

Top gainers

Coins Price Market cap 24h
Minswap MIN $ 0.00864
$ 15.18M
$ 15.18 million
+9.58%
Hyperliquid HYPE $ 25.19
$ 8.56B
$ 8.56 billion
+3.60%
LEO LEO $ 8.23
$ 7.59B
$ 7.59 billion
+2.01%
THORChain RUNE $ 0.586
$ 205.70M
$ 205.70 million
+1.91%
Sun SUN $ 0.0206
$ 395.35M
$ 395.35 million
+1.82%
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.

Useful / Related Links