Post
Topic
Board Altcoin Discussion
Re: Looking forward to add exchange tokens to my portfolio
by
adzino
on 28/07/2022, 05:25:55 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.
I doubt any exchange tokens, CEX or DEX would be good for long term holding. They carry more risks. For any reason, if any of those exchange fails or something happens (like a major hack or something similar), the tokens would tank them with them.
Not sure why you would want to invest in a exchange token. Other than giving lower fees, what other benefits do they carry? Better stick with bitcoin and regular altcoins.