I understand the concept of native tokens on a lot levels and how it benefits an ecosystem but what I don't really understand is the concept of trading the token outside of the ecosystem.
For example a lot of DEX aggregators or swap platforms have their own native token and most of them are listed on variety of exchanges but for what purpose? Is it just for profit trading purpose or what else?
It is for profit trading purposes, and well as for accessibility, not just to traders and investors, but also to gain access to lots of liquidity to enable easy buying and selling in large quantities.
You and I know that as much as Dex platforms are trying their best to offer a good exhchage services and trading experience to users, they still can not boost of the kind of liquidity that is available to and on Cex platforms, especially on top cex exchanges like Binance, bybit, kucoin and the rest, without good liquidity, it's literally impossible to buy and sell a token in large quantities, so this is one of the benefits projects enjoy when they list their token outside the Ecosystem.
- The token becomes available and accessible to lots of investors and traders.
- And the token gains more liquidity for buying and selling in large quantities.
- And good liquidity also helps to make the price of the token a little more stable.