Post
Topic
Board Altcoin Discussion
Re: Performance of Exchange and their Token
by
Best-mary
on 10/04/2024, 08:57:25 UTC
Their tokens tend to do well over time because they hold token burns and also reward the token holders with much reduced trading fees in their platforms. FTT was another toke that was so promising before the FTX collapse.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.
Hmm. FTX is a different story on its own.. I am also one of those who got affected from the crash and I can tell you, there is a big difference between the two starting from those who are the face of the bitget exchange with good reputation. Looking at Messi and then, Grcay Chen who kept empowering women to crypto. That Ftx never had, rather they were backed by politicians who use users' money for their political greed