what do we make of exchange tokens

[tonymillions84]

the world was astonished when binance token move to the top 10 coins in crypto capital market. outs the like of bitcoinSV, tron, stellar and neo. even tether and currently battling bitcoincash for 6 place. currently, the binance CEO TWEETED that IEO on binance platform might be conducted with BNB only.
we might be see the end of altcoins on ICO participation and also every project moving from ico to IEO.
what do you think guys.

[jet]

It seems like like! They are moving to IEO to close the offering to investors. They might not needing the hunters to advertise their project because exchange already had a lot of investors. Let just wait how time fold for this new way of initial offering.

[Thegals]

By doing the IEO using binance or payment with binance tokens will make investors more confident to buy. Because it is possible to be able to list in the exchange. Because the exchange has a large trading volume.

[ZionRTZ]

At first I thought your topic is only on exchange tokens but then you moved to IEOs. You should consider revising the title.

IEOs cannot handle all the start up projects that wishes to raise funds. Those projects won't waste their time waiting for IEO approval so they'll just have to do it thru ICOs.

What BNB is doing right now which is controlling who gets to join is no longer healthy in my opinion.

[Zed0X]

Well, the success of the exchange tokens depends on the success of the platform itself. There are many exchange tokens in existence already but only a few are quite known like BNB, KCS, HT. I think the demand on exchange tokens will be good.

[abdmuiz]

BMB is one of the biggest exchanges for now because there are a lot of professional traders and large traders

[Malam90]

the world was astonished when binance token move to the top 10 coins in crypto capital market. outs the like of bitcoinSV, tron, stellar and neo. even tether and currently battling bitcoincash for 6 place. currently, the binance CEO TWEETED that IEO on binance platform might be conducted with BNB only.
we might be see the end of altcoins on ICO participation and also every project moving from ico to IEO.
what do you think guys.

Binance has successfully conducted two IEO and after that CEO of Binance announced to do next IEO with BNB tokens only. Recently BNB is one of top 10 coins and increased its value twice within few days. So BNB has a very potential to cross LTC, EOS , XRP and acquire rank 3  sooner or later.

[Luckyperson21]

A good tactic to increase the price of their coins. And we have seen the results. BNB prices rise. And also binance has made several successful projects and made traders happy.

[dragononcrypto]

For starters Bitmax has been over pumped in my opinion, getting to an 15x ICO. Kucoin, Huobi have been doing very well from the IEO news, not convinced all exchange tokens will see the same gains however. Binance looks very overvalued right now in comparison to small cap exchange tokens.

[Watu_pawon]

if it's profitable I think it's good to do, because we know for ourselves that many ico are currently experiencing a scam.

[damsix]

It could also be like that because in my country Tokenomy Exchange is used for the IEO Launchpad.
So Tokenomy is the name of the token and is starting to be used to launch IEO tokens.

[Domithra]

Just like any other cryptocurrency, exchange tokes are good to hold of late because of the product of the coin. One of the key factors for the survival of a coin on the market is its product and its demand level. Exchange is one of the product which is now in high demand, hence the tokens of exchanges are good to hold.

[VladEx]

At first I thought your topic is only on exchange tokens but then you moved to IEOs. You should consider revising the title.

IEOs cannot handle all the start up projects that wishes to raise funds. Those projects won't waste their time waiting for IEO approval so they'll just have to do it thru ICOs.

What BNB is doing right now which is controlling who gets to join is no longer healthy in my opinion.

Agreed. Small startups will have to go thought ICOs anyway they can't wait for IEO approval.

[MVT$]

A good tactic to increase the price of their coins. And we have seen the results. BNB prices rise. And also binance has made several successful projects and made traders happy.

I can't be certain but I think what Binance is doing right now could turn out ugly for them. I think they are pushing the demand for BNB for IEOs too hard.

[Zemytha]

BNB is one of the coins that are worth considering. They make a good strategy to raise the price of their coins. This may be a reference for other exchanges.