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 Time TIME $ 2.80
$ 1.99M
$ 1.99 million
-1.01%
52 THORChain (ERC20) RUNE $ 0.425
$ 1.47M
$ 1.47 million
+2.52%
53 Verse VERSE $ 0.0000217
$ 988,386
$ 988,386
+0.44%
54 EXMO Coin EXM $ 0.00526
$ 358,000
$ 358,000
+0.39%
55 ParkCoin KPK $ 1.09
$ 9.80B
$ 9.80 billion
-0.25%
56 WhiteBIT Coin WBT $ 54.29
$ 4.71B
$ 4.71 billion
+0.06%
57 Phemex Token PT $ 0.491
$ 480.91M
$ 480.91 million
+1.61%
58 HitBTC Token HIT $ 0.199
$ 271.94M
$ 271.94 million
-0.26%
59 KYX KYX $ 0.140
$ 140.00M
$ 140.00 million
+2.94%
60 MaiCoin MAX $ 0.282
$ 80.37M
$ 80.37 million
-1.61%
61 XT.com XT $ 3.79
$ 76.94M
$ 76.94 million
+1.34%
62 STON.fi STON $ 0.336
$ 33.61M
$ 33.61 million
-0.45%
63 MonbaseCoin MBC $ 0.0735
$ 13.95M
$ 13.95 million
+1.23%
64 Nomoex Token NOMOX $ 0.00540
$ 13.51M
$ 13.51 million
-0.22%
65 GECOIN GEC $ 0.100
$ 9.64M
$ 9.64 million
-31.82%
66 BigONE Token ONE $ 0.000449
$ 5.20M
$ 5.20 million
-0.48%
67 CoinW Token CWT $ 0.127
$ 3.17M
$ 3.17 million
+2.74%
68 Coinbase Wrapped LTC cbLTC $ 53.83
$ 2.81M
$ 2.81 million
+0.46%
69 ChronoTech Token TIME $ 2.80
$ 1.99M
$ 1.99 million
-1.52%
70 ICPSwap Token ICS $ 0.00332
$ 1.26M
$ 1.26 million
+4.50%
71 Waves.Exchange Token WX $ 0.00153
$ 1.16M
$ 1.16 million
+23.19%
72 CoinLion LION $ 0.00363
$ 945,773
$ 945,773
-1.94%
73 Bitrue Token BTR $ 0.0187
$ 933,693
$ 933,693
+0.28%
74 Astherus ASTHERUS $ 0.000511
$ 511,267
$ 511,267
-14.76%
75 Baseswap Token BSWAP $ 0.00576
$ 57,581
$ 57,581
-2.51%
76 AlphaExchangeAI AEA $ 0.0000203
$ 20,303
$ 20,303
-0.22%
77 BitBlocks Finance BBKFI $ 0.000548
$ 4,031
$ 4,031
-1.52%
78 Viking Swap VIKING $ 0.0₅477
$ 356
$ 356
-0.75%
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 Catex CATT $ --
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85 BTSE Token BTSE $ --
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86 LocalCoinSwap Cryptoshare LCS $ --
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87 Mandala Exchange Token MDX $ --
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88 DigiFinex Cash DFC $ --
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89 FinexboxToken FNB $ --
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90 ABCC Token AT $ --
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91 Yobit Token YO $ --
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92 LBank LBK $ --
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93 Nash Exchange NEX $ --
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94 ViteX Coin VX $ --
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95 Bitpanda Ecosystem Token BEST $ --
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96 OceanEx Token OCE $ --
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97 VinDax Coin VD $ --
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98 Tokenize Xchange TKX $ --
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99 ProBit Token PROB $ --
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100 Mastercard Inc MA $ --
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Trending Exchange Tokens

Top Gainers

Coins Price Market cap 24h
OKB OKB $ 100.58
$ 2.11B
$ 2.11 billion
+6.85%
Hyperliquid HYPE $ 30.86
$ 9.24B
$ 9.24 billion
+4.46%
Loopring LRC $ 0.0318
$ 43.50M
$ 43.50 million
+3.82%
Maverick Protocol MAV $ 0.0140
$ 10.07M
$ 10.07 million
+3.15%
THORChain RUNE $ 0.424
$ 148.92M
$ 148.92 million
+2.46%
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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