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 THORChain (ERC20) RUNE $ 0.423
$ 1.46M
$ 1.46 million
+0.89%
52 Verse VERSE $ 0.0000241
$ 1.13M
$ 1.13 million
+1.47%
53 EXMO Coin EXM $ 0.00554
$ 376,614
$ 376,614
+2.18%
54 ParkCoin KPK $ 1.07
$ 9.63B
$ 9.63 billion
-0.17%
55 WhiteBIT Coin WBT $ 55.36
$ 7.46B
$ 7.46 billion
+0.97%
56 Phemex Token PT $ 0.487
$ 476.89M
$ 476.89 million
+1.37%
57 HitBTC Token HIT $ 0.209
$ 285.68M
$ 285.68 million
+0.88%
58 KYX KYX $ 0.132
$ 132.00M
$ 132.00 million
-0.75%
59 Tokenize Xchange TKX $ 1.40
$ 111.73M
$ 111.73 million
+0.35%
60 XT.com XT $ 4.04
$ 81.94M
$ 81.94 million
+0.98%
61 MaiCoin MAX $ 0.286
$ 81.58M
$ 81.58 million
-0.08%
62 STON.fi STON $ 0.353
$ 35.26M
$ 35.26 million
-0.16%
63 GECOIN GEC $ 0.147
$ 14.13M
$ 14.13 million
+66.67%
64 Nomoex Token NOMOX $ 0.00473
$ 11.82M
$ 11.82 million
-7.15%
65 THORWallet DEX TGT $ 0.0127
$ 11.51M
$ 11.51 million
+0.94%
66 MonbaseCoin MBC $ 0.0595
$ 11.29M
$ 11.29 million
-7.55%
67 LBank LBK $ 0.00290
$ 5.80M
$ 5.80 million
+1.39%
68 BigONE Token ONE $ 0.000457
$ 5.29M
$ 5.29 million
-0.19%
69 CoinW Token CWT $ 0.140
$ 3.50M
$ 3.50 million
+0.17%
70 Coinbase Wrapped LTC cbLTC $ 55.89
$ 2.92M
$ 2.92 million
+1.03%
71 ChronoTech Token TIME $ 2.93
$ 2.08M
$ 2.08 million
-0.29%
72 ICPSwap Token ICS $ 0.00331
$ 1.25M
$ 1.25 million
-1.23%
73 Waves.Exchange Token WX $ 0.00157
$ 1.20M
$ 1.20 million
-4.37%
74 CoinLion LION $ 0.00294
$ 766,308
$ 766,308
+0.07%
75 Astherus ASTHERUS $ 0.000468
$ 468,207
$ 468,207
-0.68%
76 Baseswap Token BSWAP $ 0.00458
$ 45,745
$ 45,745
+0.74%
77 AlphaExchangeAI AEA $ 0.0000204
$ 20,382
$ 20,382
+0.28%
78 BaseX BSX $ 0.000854
$ 5,718
$ 5,718
+1.50%
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 Nash Exchange NEX $ --
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93 ViteX Coin VX $ --
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94 Bitpanda Ecosystem Token BEST $ --
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95 OceanEx Token OCE $ --
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96 VinDax Coin VD $ --
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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
IDEX IDEX $ 0.00493
$ 4.95M
$ 4.95 million
+7.35%
Cetus CETUS $ 0.0200
$ 18.41M
$ 18.41 million
+4.13%
Hyperliquid HYPE $ 39.94
$ 11.95B
$ 11.95 billion
+1.91%
KuCoin Token KCS $ 8.16
$ 1.08B
$ 1.08 billion
+1.86%
GateToken GT $ 6.85
$ 788.82M
$ 788.82 million
+1.67%
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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