Exchange Tokens

145 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 EXMO Coin EXM $ 0.00518
$ 352,250
$ 352,250
+0.43%
52 WhiteBIT Coin WBT $ 57.58
$ 7.76B
$ 7.76 billion
-0.00%
53 Phemex Token PT $ 0.487
$ 476.79M
$ 476.79 million
-0.35%
54 HitBTC Token HIT $ 0.211
$ 288.19M
$ 288.19 million
-0.05%
55 WEEX Token WXT $ 0.0194
$ 194.50M
$ 194.50 million
-0.08%
56 KYX KYX $ 0.174
$ 174.00M
$ 174.00 million
+2.35%
57 XT.com XT $ 4.21
$ 85.55M
$ 85.55 million
+0.16%
58 MaiCoin MAX $ 0.296
$ 84.37M
$ 84.37 million
-0.07%
59 STON.fi STON $ 0.722
$ 72.22M
$ 72.22 million
+3.66%
60 GECOIN GEC $ 0.147
$ 14.13M
$ 14.13 million
+0.00%
61 MonbaseCoin MBC $ 0.0423
$ 8.03M
$ 8.03 million
+0.57%
62 Nomoex Token NOMOX $ 0.00314
$ 7.84M
$ 7.84 million
+3.74%
63 BigONE Token ONE $ 0.000446
$ 5.16M
$ 5.16 million
-0.69%
64 CoinW Token CWT $ 0.127
$ 3.18M
$ 3.18 million
+6.76%
65 Coinbase Wrapped LTC cbLTC $ 56.02
$ 2.92M
$ 2.92 million
-0.18%
66 ICPSwap Token ICS $ 0.00308
$ 1.18M
$ 1.18 million
-1.80%
67 Waves.Exchange Token WX $ 0.00143
$ 1.09M
$ 1.09 million
+0.48%
68 Bitrue Token BTR $ 0.0120
$ 600,851
$ 600,851
-0.40%
69 CoinLion LION $ 0.00191
$ 498,022
$ 498,022
+0.16%
70 ChronoTech Token TIME $ 0.579
$ 411,030
$ 411,030
+362.48%
71 Astherus ASTHERUS $ 0.000105
$ 104,889
$ 104,889
-4.64%
72 Baseswap Token BSWAP $ 0.00451
$ 45,114
$ 45,114
-7.71%
73 AlphaExchangeAI AEA $ 0.0000215
$ 21,534
$ 21,534
+23.41%
74 BaseX BSX $ 0.00106
$ 7,085
$ 7,085
+0.90%
75 CRV-ERC20-PPT CRV-ERC20-PPT $ 0.217
$ 2,026
$ 2,026
-12.37%
76 Crypto.com MCO $ --
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77 Bibox Token BIX $ --
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78 BitKan KAN $ --
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79 Kick Token KICK $ --
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80 Time TIME $ --
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81 NitroEx NTX $ --
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82 Catex CATT $ --
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83 BTSE Token BTSE $ --
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84 LocalCoinSwap Cryptoshare LCS $ --
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85 Mandala Exchange Token MDX $ --
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86 DigiFinex Cash DFC $ --
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87 FinexboxToken FNB $ --
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88 ABCC Token AT $ --
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89 Yobit Token YO $ --
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90 LBank LBK $ --
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91 Nash Exchange NEX $ --
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92 ViteX Coin VX $ --
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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
Hyperliquid HYPE $ 43.77
$ 13.08B
$ 13.08 billion
+7.47%
THORChain RUNE $ 0.455
$ 159.68M
$ 159.68 million
+3.33%
Cetus CETUS $ 0.0276
$ 26.15M
$ 26.15 million
+2.72%
IDEX IDEX $ 0.00181
$ 1.81M
$ 1.81 million
+2.02%
Uniswap UNI $ 3.55
$ 2.26B
$ 2.26 billion
+1.64%
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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