Exchange Tokens by Market Cap and Volume

The Exchange Tokens market cap is currently $?95.77B, after an increase of 0.51% in the last 24 hours. Read more

The market cap of the Exchange Tokens sector is $?95.77B, representing 4.75% of the total cryptocurrency market cap. The Exchange Tokens sector saw $?1.66B in trading volume over the last day.

Many cryptocurrency exchanges have created their own blockchain-based tokens that provide special benefits to users who hold the tokens. These perks often include trading fee discounts and access to the exchange’s exclusive products.

Change Last24 hours
Category
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#NamePrice 24H CNG 24H Change M. Cap Market Cap Actions
1 $?518.07 0.25% $?76.45B $?998.18M 147.58M
2 $?5.61 1.79% $?5.19B $?2.86M 925.54M
3 $?6.76 1.77% $?4.06B $?243.18M 600.21M
4 $?38.48 2.77% $?2.31B $?2.85M 60.00M
5 $?0.080279 0.28% $?2.13B $?4.69M 26.57B
6 $?0.941498 -0.45% $?1.32B $?46.10M 1.40B
7 $?8.12 1.77% $?957.55M $?527,105 117.91M
8 $?7.68 2.33% $?716.74M $?1.09M 93.29M
9 $?0.905072 -1.37% $?505.47M $?4.74M 558.48M
10 $?1.335042 1.52% $?439.09M $?8.82M 328.90M
11 $?0.162959 11.24% $?304.73M $?39.10M 1.87B
12 $?24.27 2.00% $?230.68M $?16.58M 9.50M
13 $?0.904699 -1.32% $?222.44M $?81.14M 245.87M
14 $?0.122177 0.44% $?166.99M $?12.89M 1.37B
15 $?0.298286 3.49% $?96.73M $?1.06M 324.28M
16 $?0.400888 -0.61% $?92.17M $?2.66M 229.92M
17 $?0.440958 0.58% $?83.07M $?18.36M 188.37M
18 $?0.478396 -0.02% $?77.61M $?302,140 162.23M
19 $?0.468707 0.61% $?73.93M $?14.35M 157.73M
20 $?0.008248 1.10% $?68.89M $?601,595 8.35B

Exchange Tokens FAQ

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What are exchange tokens?

We use the term “exchange tokens” to refer to various crypto tokens that are created by cryptocurrency exchanges. The concept of exchange tokens was first introduced by Binance in 2017. Often, exchange tokens don’t have their own blockchain but are instead issued on another platform, for example Ethereum.

What are the benefits of exchange tokens?

Typically, exchange tokens will provide several benefits to users who hold them on the exchange in question. For example, users that hold BNB on Binance enjoy discounted trading fees and can also access perks such as initial exchange offerings (IEOs). Tokens issued by other exchanges, for example OKEx and Huobi, offer similar benefits to users of the respective exchange.

Are exchange tokens decentralized?

While decentralization is an important value in the cryptocurrency community, exchange tokens are not decentralized in a few important ways. While they can be transacted with freely on their respective blockchains, exchange tokens are closely tied to a single business entity (the exchange that’s issuing the token). If the exchange fails, it’s very likely that its token will lose value as well.

Some users view buying exchange tokens as a proxy for investing in a cryptocurrency exchange business. While this idea does have some merit, it’s important to note that exchange tokens usually don’t confer any legal rights to their owners – they should not be viewed as a substitute for owning shares in a business.