'Exchange Tokens That Could Be The Next $BNB: $FTT Vs. $KCS Vs. $OKT Vs. $CAKE Vs. $UNI Vs. $CRO' exchangetokengems2022 ftxexchangetokenreview2022
The exchange token of Binance, the world’s largest crypto exchange, saw an incredulous run that saw it fly from around $40 in January of 2021 to over $650 by April.
Most exchanges however create these tokens specifically to increase the liquidity of the exchange. In other cases, it is used to create incentives for users as well as for governance purposes. The token currently sells for around $20 but with a market cap that is still below 2 billion dollars, there is still enormous room for growth. KuCoin Token is the key to the entire KuCoin ecosystem .
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