Post
Topic
Board Altcoin Discussion
Re: Looking forward to add exchange tokens to my portfolio
by
Jackl87
on 27/07/2022, 21:26:21 UTC
What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.

Well the biggest one is obviously BNB but you already said that this is not interesting to you. At the moment there are several exchanges tokens out there that are interesting to me like for example Huobi token or FTX token but i have not read to much about them so i can not really tell about all the benefits that you get from holding this tokens.
One exchange token that i am holding at the moment are KucoinShares though and i am quite happy with them. If you keep them on the exchange you get a share of the trading fees each and every day and if you have a big amount of KCS then this bonus is not even that small. Also you can take part in token or NFT offerings if oyu are holding more than 100 KCS. Of course if you are keeping your tokens on the exchang there always is a small risk of losing your tokens.