Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
Strongkored
on 06/09/2022, 07:33:05 UTC
-snip-
I want to ask if this token is trade able or not, because sometimes some people will launch a token and they will be expecting people to invest on the token is not trade able or marketable that's why some people do be careful for some investment of tokens, why some people will not like to sell this particular token is that they have noticed that the token can have much value if investors or people start buying it in a large quantities

As you can see in the picture I shared, the OWL token is indeed tradeable, but only on Defi platforms like Pancakeswap and Babyswap, which means you need to connect your personal wallet to the Defi webpage to perform the swaps.
Owl token is also traded on MEXC centralized exchange https://www.mexc.com/exchange/OWL_USDT but volume is very low less than $100 in 24Hr, not a pleasant sight even though many keep it for staking but if the trading volume is low this indicates that this token is not very well known, if anyone wants to sell it they will have difficulty because of low liquidity and the price of this token can immediately drop very low,
but because the owl token has a buyback feature, when the developer buys back the price will go up surely after that the trading volume and price will go down or be stable because trading activities are very calm.