Which other exchange token can follow BNB pattern?

[Kizozo]

Today in the world of crypto, BNB has become a household name. As of May 31 2023, the token is the 4th largest cryptocurrency just behind BTC, ETH and USDT. Though it was recently flipped by XRP which now occupy the 4th position in terms of market capitalization after their partial victory against SEC.

Since 2017 till date, BNB has witnessed incredible milestone and it's obviously one of the tokens investors are constantly looking out to invest in but of course, it didn't just started this big. Perhaps many people don't know the token was launched for as low as 0.1 USDT back in July 2017.

FTT the native token of FTX was another exchange token many was looking at until the sudden collapse of the exchange in November 2022. Exchange tokens popularity are currently on the rise because of some certain advantages they poses in using a particular exchange which include but not limited to the following; early access to IEOs, staking rewards, discount on transaction fees, free withdrawal e.t.c

Some exchanges like Bitget, MEXC and OKX with native token BGB, MX and OKB respectively are looking really promising but which one can actually replicate the form of BNB is the question.

[Shezcute Abbie]

From the latest Q2 review made by TokenInsight, BGB is likely going to be the next due to some significant increase in its price.

 https://tokeninsight.com/en/research/reports/crypto-exchange-report-2023q2

[PaulPeterPedro]

Today in the world of crypto, BNB has become a household name. As of May 31 2023, the token is the 4th largest cryptocurrency just behind BTC, ETH and USDT. Though it was recently flipped by XRP which now occupy the 4th position in terms of market capitalization after their partial victory against SEC.

Since 2017 till date, BNB has witnessed incredible milestone and it's obviously one of the tokens investors are constantly looking out to invest in but of course, it didn't just started this big. Perhaps many people don't know the token was launched for as low as 0.1 USDT back in July 2017.

FTT the native token of FTX was another exchange token many was looking at until the sudden collapse of the exchange in November 2022. Exchange tokens popularity are currently on the rise because of some certain advantages they poses in using a particular exchange which include but not limited to the following; early access to IEOs, staking rewards, discount on transaction fees, free withdrawal e.t.c

Some exchanges like Bitget, MEXC and OKX with native token BGB, MX and OKB respectively are looking really promising but which one can actually replicate the form of BNB is the question.

BNB is a popular exchange token that has seen incredible growth since its launch in 2017.

[PaulPeterPedro]

For me to invest in any other exchange token other than BNB, the exchange must have proof of reserve and customer protection fund like Binance to avoid any touching story like that of FTT on FTX.

[DominionAJ]

For me to invest in any other exchange token other than BNB, the exchange must have proof of reserve and customer protection fund like Binance to avoid any touching story like that of FTT on FTX.

If this is your standard to choose an exchange token to invest in definitely BGB token of Bitget exchange is going to be your next option and also talking about utility BGB has a lot of utility I’m that’s one of the secret behind the productivity of the token. I’m actually amazed by the turn out of BGB in this current 2023, the token is currently the leading exchange token even currently ahead of BNB in its increase. I recently heard the token will be listed on MEXC exchange.

[DominionAJ]

Base on the current perform of the exchange tokens; BGB- 185%+, OKB- 122%+ and BNB- 42%+ as the first three exchange tokens with good performance in 2023, it will be a wise decision to go for BGB.

[PaulPeterPedro]

For me to invest in any other exchange token other than BNB, the exchange must have proof of reserve and customer protection fund like Binance to avoid any touching story like that of FTT on FTX.

If this is your standard to choose an exchange token to invest in definitely BGB token of Bitget exchange is going to be your next option and also talking about utility BGB has a lot of utility I’m that’s one of the secret behind the productivity of the token. I’m actually amazed by the turn out of BGB in this current 2023, the token is currently the leading exchange token even currently ahead of BNB in its increase. I recently heard the token will be listed on MEXC exchange.

Is Bitget a top 10 exchange?... Really haven't heard about it.

[Azeez]

When it comes to Exchange tokens it will take a lot for another one to achieve what BNB has done. But I think there are some that have a bright future. BGB of Bitget for instance is the best performing exchange token earlier this year. There is a high possibility that it also performs like BNB in the future.

[Rembroman]

It is better not to get bogged down and try investing in TFS because this blockchain system has more and more prospects. Although BNB itself exists due to the Binance ecosystem, if not for it, there would be no point in it

[bom_bom]

It is better not to get bogged down and try investing in TFS because this blockchain system has more and more prospects. Although BNB itself exists due to the Binance ecosystem, if not for it, there would be no point in it

They have perspective, but you need to research everything thoroughly before investing

[Kizozo]

For me to invest in any other exchange token other than BNB, the exchange must have proof of reserve and customer protection fund like Binance to avoid any touching story like that of FTT on FTX.

If this is your standard to choose an exchange token to invest in definitely BGB token of Bitget exchange is going to be your next option and also talking about utility BGB has a lot of utility I’m that’s one of the secret behind the productivity of the token. I’m actually amazed by the turn out of BGB in this current 2023, the token is currently the leading exchange token even currently ahead of BNB in its increase. I recently heard the token will be listed on MEXC exchange.

Is Bitget a top 10 exchange?... Really haven't heard about it.

Perhaps you need to check CMC and CG. As a matter of fact Bitget is the world largest derivative and copy trading platform. Have the 2nd largest user protection fund behind Binance and have verifiable Proof of reserve. Top 10 in spot trading and many more.

[Ahli38]

To become as big as BNB may be difficult. FTT had initially approached BNB unfortunately they fell. And I think the current OKB can approach slowly. Even if not now. but I saw the OKEx exchange starting to grow bigger over time. and the launchpad there is also similar to Launchpool on Binance. But to match the ranking and market cap is still difficult.

[Kizozo]

To become as big as BNB may be difficult. FTT had initially approached BNB unfortunately they fell. And I think the current OKB can approach slowly. Even if not now. but I saw the OKEx exchange starting to grow bigger over time. and the launchpad there is also similar to Launchpool on Binance. But to match the ranking and market cap is still difficult.

FTT would have been competing favourably with BNB now if not the crash of the exchange no thanks to the CEO Sam. OKB has also been impressive over the years but the exchange token that has surged the most in 2023 is BGB Bitget native token. Still far from OKB and BNB in terms of mcap but could be pull stunt in the next bullrun. I also hodl some OKB so as to balance the PF.