Ninjastic
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Board Altcoin Discussion
Re: Exchange tokens all the way
by
shogun47
on 04/05/2021, 12:18:07 UTC
Quote from: target on May 03, 2021, 09:35:44 AM
Quote from: Natalim on April 30, 2021, 12:25:37 PM
Quote from: lexkiee28 on April 30, 2021, 11:37:04 AM
Quote from: Williamm07 on April 08, 2021, 03:47:29 PM
It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Indeed exchange token shows very promising development progress especially in terms of its market value and market cap such for example BNB that is why I am hodling some exchange token such KCS, CRO and GT.
I'm not familiar with CRO and GT but I have some KCS. I have been holding it for a while, and I will not sell until it will value $100 each. It may sound ambitious but look at how progressive BNB is, and this market is getting bigger and it cannot be all the time that BNB will get the biggest share of the market, its dominance will also drop.

I took a chance to buy some CRO which I got about 2K of it just when the price was $0.15 it's not really that big of an investment, it's more than 5 months already that I bought them and the price still on its range. It never grew at all.  

That was the time when we still could withdraw tokens on Crypto.com without having to submit KYC data to which I have withdrawn some VET. Now I can't withdraw my CRO without having to submit KYC. I fuckup that chance. That exchange will ask your data even when you just plan to withdraw less than a BTC.




Less than a BTC these days is a substantial amount and I can understand they might have to follow KYC requirements there. Where can you withdraw $50,000 without submitting KYC? And $50,000 is less than a BTC. I know what you are saying though I also don't like to provide my data everywhere. It's a bit different from the real world where you have one broker and that one broker has your data. In crypto markets you usually use several exchanges and have to provide all of them with data. That sucks.