Binance Coin (BNB)
The exchange token of the largest cryptocurrency exchange Binance is in the top 3 most popular cryptocurrencies according to CoinMarketCap, second only to Bitcoin and ETH. The value of the coin exceeds $ 603, and the 24-hour trading volume hovers around $ 2 billion.The token is used to pay internal exchange fees, as well as a means of payment in the Binance ecosystem, which includes Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research. Currently, there are more than 166 million tokens in circulation, and the coin can be purchased on exchanges such as Binance, FTX and KuCoin. Recall that at the end of October, Binance developers proposed to speed up the burning of BNB.
FTX Token
Another token of the FTX cryptocurrency exchange, created by immigrants from America, is in the top 50 CoinMarketCap. The coin is used to pay commissions and internal services of the trading platform, and is also included in the investor's portfolio as a hedging asset. Over the past few days, the value of the token has decreased. However, experts believe this is temporary, as the company recently announced major partnerships that will fuel FTX's growth.
KuCoin Token
The token of the Chinese crypto exchange KuCoin is ranked 73 in the CoinMarketCap rating. The coin is used as an internal means of payment as well as a trading instrument. In addition, KCS opens access to participation in the sale of tokens on KuCoin Spotlight and LockDrop / BurningDrop on the Pool-X platform. Token holders are usually startups and other crypto companies that partner with KuCoin. As a reminder, Bitfinex, KuCoin and Kraken are preparing to expand into the Indian market .
Huobi Token
Cryptocurrency exchange Huobi Global is trying to maintain the exchange rate of its token and is actively integrating it into the life of the ecosystem. The native HT token is used to reduce transaction fees, as a medium of exchange, and provides access to an investor protection program. Today, the coin is worth $ 10.53 and the 24-hour trading volume exceeds $ 181 million.