As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht), FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I will compare the tokens based on these exchangers to a lot of bubble gum, they burst after a while. I would say that for those who are short-term traders, it may be good to invest in these tokens or coins, but for long-term trading, I would not suggest them to choose. Because if we see the FTX incident then everyone will understand. So for short term trading you can choose them but for long term trading Bitcoin will be the best for you.