Post
Topic
Board Altcoin Discussion
Re: Why Does Every Exchange Need To Have Its Own Token?
by
FanEagle
on 31/01/2021, 20:37:28 UTC
I've only really started learning about crypto and I don't really see the point to all these million different exchange tokens.
Most of them just seem to speculative tokens with no actual function as far as I can see  Roll Eyes
What do you think?
Honestly it is a way to fund more money, they just get money from it and why wouldn't they want more money? I do think that BNB is great and that is the reason they created it, they used it to fund themselves on early days and they sold bunch of it and created binance with that money, so it was needed and I get that, however afterwards they got super rich and burned so many bnb and used bnb and its chain to help so many, they even gave out funds to other projects as well.

So, I think there is a good way and there is a bad way of doing this, and if you are doing it in the bad way that means you are useless and just doing it so that you could make a profit, if you are doing it the good way you are just collecting funds to make better stuff for everyone and you should do it. That shows in the rankings of the created coins as well too.