Tokenize Emblem (TKX), the next Binance Coin (BNB) from Singapore?

The rise of Exchange-based Tokens

Before we dive into the comparison of the well-known exchange tokens and TKX, let’s understand why such tokens have potential. Cryptocurrency exchange tokens have been around for quite some time, as platforms found a convenient way to increase liquidity by providing supplementary perks to the native token holders such as discounts for trading fees and many more.

What are Exchange Tokens?

They are tokens that represent some kind of stake in a certain cryptocurrency exchange ecosystem. They often grant holders a discount on trading fees, the right to vote, and participate in the governance process of the exchange (voting of new coins to be listed) or a stake in the revenue generated by the exchange (rebate from trading fees), the possibilities are countless.

Potential of Exchange-based Tokens

Good Risk-Reward for Investors

The amount of ICOs during the bull run of the previous altcoin season was significant. After Bitcoin…