Exchange tokens

111 coins #14

Exchange tokens offer reduced trading fees and other benefits on centralized exchanges. More

# Coins Price Market cap 24h
1
BNB BNB
$ 650.11
$ 97.78B
$ 97.78 billion
-0.96%
2
Hyperliquid HYPE
$ 37.24
$ 12.44B
$ 12.44 billion
-5.68%
3
LEO LEO
$ 8.94
$ 8.25B
$ 8.25 billion
-1.35%
4
Bitget Token BGB
$ 4.48
$ 5.37B
$ 5.37 billion
-1.40%
5
WhiteBIT Coin WBT
$ 43.98
$ 3.81B
$ 3.81 billion
-0.88%
6
Uniswap UNI
$ 6.55
$ 3.72B
$ 3.72 billion
-7.56%
7
OKB OKB
$ 48.91
$ 2.93B
$ 2.93 billion
-1.75%
8
Cronos CRO
$ 0.0798
$ 2.48B
$ 2.48 billion
-1.33%
9
GateToken GT
$ 15.60
$ 1.89B
$ 1.89 billion
+0.82%
10
Tokenize Xchange TKX
$ 23.46
$ 1.88B
$ 1.88 billion
-5.75%
11
KuCoin Token KCS
$ 11.05
$ 1.38B
$ 1.38 billion
-0.85%
12
Jupiter JUP
$ 0.427
$ 1.28B
$ 1.28 billion
-6.00%
13
PancakeSwap CAKE
$ 2.26
$ 723.25M
$ 723.25 million
-2.87%
14
Curve DAO Token CRV
$ 0.501
$ 647.44M
$ 647.44 million
-3.27%
15
Aerodrome AERO
$ 0.763
$ 645.87M
$ 645.87 million
-4.49%
16
Raydium RAY
$ 2.03
$ 542.61M
$ 542.61 million
-3.87%
17
THORChain RUNE
$ 1.31
$ 461.88M
$ 461.88 million
-0.79%
18
Sun SUN
$ 0.0173
$ 332.40M
$ 332.40 million
+5.36%
19
FTX Token FTT
$ 0.773
$ 254.15M
$ 254.15 million
-1.76%
20
MX Token MX
$ 2.30
$ 216.93M
$ 216.93 million
-1.08%
21
SUSHI SUSHI
$ 0.571
$ 164.48M
$ 164.48 million
-3.95%
22
Bitkub Coin KUB
$ 1.42
$ 126.04M
$ 126.04 million
-6.05%
23
Liechtenstein Cryptoassets Exchange LCX
$ 0.109
$ 103.40M
$ 103.40 million
-1.99%
24
Osmosis OSMO
$ 0.139
$ 102.20M
$ 102.20 million
-0.67%
25
Loopring LRC
$ 0.0733
$ 92.24M
$ 92.24 million
-0.81%
26
THENA THE
$ 0.252
$ 66.54M
$ 66.54 million
-2.44%
27
Balancer BAL
$ 0.960
$ 57.91M
$ 57.91 million
-1.83%
28
Rujira RUJI
$ 0.510
$ 51.03M
$ 51.03 million
+18.19%
29
Gemini dollar GUSD
$ 1.00
$ 46.99M
$ 46.99 million
-0.01%
30
Velodrome Finance VELO
$ 0.0441
$ 42.20M
$ 42.20 million
-2.96%
31
JOE JOE
$ 0.138
$ 30.32M
$ 30.32 million
-1.91%
32
Cetus CETUS
$ 0.0865
$ 29.17M
$ 29.17 million
-4.01%
33
Bluefin BLUE
$ 0.0823
$ 25.11M
$ 25.11 million
-2.74%
34
Pangolin PNG
$ 0.113
$ 24.92M
$ 24.92 million
-3.22%
35
Maverick Protocol MAV
$ 0.0487
$ 23.45M
$ 23.45 million
-8.68%
36
DODO DODO
$ 0.0363
$ 19.25M
$ 19.25 million
-3.30%
37
IDEX IDEX
$ 0.0183
$ 17.40M
$ 17.40 million
-4.49%
38
Quickswap[New] QUICK
$ 0.0184
$ 13.68M
$ 13.68 million
-2.82%
39
Camelot Token GRAIL
$ 387.11
$ 8.47M
$ 8.47 million
-30.56%
40
HTX HTX
$ 0.0₅173
$ 2.46M
$ 2.46 million
+5.49%
41
BitKan KAN
$ 0.000691
$ 2.19M
$ 2.19 million
+0.28%

The coins below are ranked lower due to missing data. Learn more

42
Bitpanda Ecosystem Token BEST
$ 0.432
$ 145.25M
$ 145.25 million
+0.00%
43
Huobi Token HT
$ 0.165
$ 79.00M
$ 79.00 million
-7.60%
44
BitMart Token BMX
$ 0.281
$ 54.17M
$ 54.17 million
-0.25%
45
THORChain Yield TCY
$ 0.232
$ 48.63M
$ 48.63 million
+0.59%
46
THORSwap THOR
$ 0.0716
$ 35.83M
$ 35.83 million
-3.26%
47
VVS Finance VVS
$ 0.0₅186
$ 29.93M
$ 29.93 million
-1.60%
48
Bitrue Coin BTR
$ 0.0363
$ 29.11M
$ 29.11 million
+0.48%
49
MCDex MCB
$ 2.39
$ 11.46M
$ 11.46 million
-1.01%
50
ASD ASD
$ 0.0148
$ 11.02M
$ 11.02 million
-21.57%
Download

Trending Exchange tokens

Top gainers

Coins Price Market cap 24h
Rujira RUJI
$ 0.510
$ 51.03M
$ 51.03 million
+18.19%
HTX HTX
$ 0.0₅173
$ 2.46M
$ 2.46 million
+5.49%
Sun SUN
$ 0.0173
$ 332.40M
$ 332.40 million
+5.36%
GateToken GT
$ 15.60
$ 1.89B
$ 1.89 billion
+0.82%
BitKan KAN
$ 0.000691
$ 2.19M
$ 2.19 million
+0.28%
All gainers

What Are Exchange Tokens?

What are exchange tokens?

An exchange token is the native cryptocurrency specific to CEXs (Centralized Exchanges). While many exchanges have their native tokens, some of the more prominent ones include Binance’s BNB and FTX’s FTT. Other tokens in this category encompass KuCoin (KCS), Huobi Global (HT), and Crypto.com (CRO).

These tokens are minted by exchanges, offering holders access to various benefits such as reduced trading fees or discounts.

What are exchange tokens used for?

Exchanges introduce tokens for multiple purposes, including customer incentives via staking, cost considerations for transactions, capital generation, or governance.

For example, in Binance, the BNB token operates as a governance token for the BNB Chain.

At KuCoin, token holders gain special discounts on trading fees or associated costs. Increased KCS tokens lead to improved discounts.

Token holders can also utilize these tokens to cover transaction fees.

With Crypto.com, CRO token holders access rewards tied to their newly launched credit card, enabling reduced trading fees, lending rewards, and discounts.

For exchanges, having their native token aids in establishing liquidity within the platform, often accomplished through staking. When a user stakes a token like DOT, a CEX rewards them with their exchange token as an appreciation for providing liquidity.

Final thoughts on exchange tokens

It's crucial to conduct thorough due diligence as investments inherently carry risks. The crash of FTX serves as an example, where despite being initially trusted in the cryptocurrency industry with millions of daily traders, an incident with a rival exchange led to its downfall and the subsequent crash of their native token, FTT.

Therefore, if considering holding an exchange token, delve into the exchange's registration and operations before making any investment decisions.

Curious about the array of exchange tokens available?