Nowadays, it is almost impossible to find a person who has not heard of cryptocurrencies and blockchain technology.
In 2021 alone, Bitcoin now at $42,000, and it has a chance to rise higher and reach a new all-time high. This growth draws the attention of many investors and forces them to dig into the cryptocurrency world.
However, recently a wide set of alternative cryptocurrencies have been issued by promising projects. Such tokens can be as successful and profitable. Moreover, if you enter the purchase of tokens during the airdrop or IEO, you can get many benefits and privileges and profit. A project transfers crypto tokens directly to the wallets of a crypto community (for free or as a prize for content creation). It is known as an airdrop.
Tokens are issued to attract the necessary finances to the project, and they contain many benefits for participants. This solution allows companies to meet the demands of their consumers as the blockchain sector develops, both in terms of expanded trading possibilities and platform functionality. Among the benefits of native tokens issued by crypto exchange platforms, the following advantages are the most significant:
- Trading discounts: crypto exchanges charge commissions, which vary in their amount depending on the platform. Potential traders can reduce fees thanks to the provided system of discounts for token owners.
- Management: tokens can serve as a governance tool for the exchange's future development. By purchasing the platform coins, a user can vote or receive exclusive privileges.
- Profits: tokens can be utilized in staking and liquidity pools.
Starly Exchange - STLY tokenStarly is an innovative decentralized exchange platform with a strong focus on supporting the internal community and low transaction fees (0.1%), designed by experienced developers to optimize profits from BSC token trading, farming, and staking.
The token developed by this crypto exchange is called STLY and is a tool to interact with the Starly platform and serves as the basis for the ecosystem service. The token provides its owners with access to the Club, which members experience unique advantages and the most significant benefits of the platform:
- Owners of 10,000 STLY tokens receive all the benefits of an Inner Club member;
- Holders of 7,000 STLY tokens will be able to be a part of the Starly Community;
Other benefits of STLYю tokens also include:
- Getting money from betting pools and liquidity pools;
- Earning profits from trading the STLY token;
- Receiving access to the Starly.Finance Club with 10 000 of STLY;
If you pay for your trades with Binance Coin, the exchange's native cryptocurrency, you may get a 50% discount on your costs (BNB).
Besides, BNB is proven to be safe and secure, and token makes it possible to purchase and sell a wide range of cryptocurrencies with its usage. Some service providers, particularly in the hospitality/travel business, accept the Binance token as payment.
Huobi Token - HT tokenHuobi Global, a Chinese trading platform, was created in 2013. It became a popular choice for individuals looking to get into the new world of cryptocurrency.
The Huobi Token aims to improve Huobi Exchange customers' experiences by giving them additional options to save money on trading costs, get access to new cryptocurrencies, and vote on platform decisions. This asset also works as a network security token and provides Huobi users with a set of advantages. It is important to note that it operates analogously to Binance Coin (BNB).
FTX token - FTT tokenThe crypto exchange platform FTX, founded in 2019, offers a variety of cutting-edge trading goods to its consumers. Regular spot trading is also available, along with transactions in cash and a variety of cryptocurrencies.
FTX exchange platform has its ecosystem utility token. Holders of the FTT token can benefit from cheaper FTX trading costs, as well as socialized earnings from the insurance fund. FTT referrers get paid a higher percentage of their referees' payments. Stakeholders receive additional votes in the platform's polls based on the number of FTT held.
Crypto.com Chain - CRO tokenIn just a few years after its founding in 2016, Crypto.com has developed into a full-fledged and well-known international cryptocurrency exchange platform. Crypto.com is distinguished as a gateway for all cryptocurrency transactions, making it an excellent option for investors with any level of knowledge.
Crypto.com Chain's native cryptocurrency coin is Coin. The CRO is designed to supplement the ecosystem by allowing users to choose from several different levels of advantages. These benefits include:
- Exchange fee reductions for CRO owners;
- Get 50% off a broad set of coins;
- For staking on the exchange, a high Annual Percentage Yield (APY) is available.