Major Crypto Exchange Based Tokens by TokenInsight Report: BNB, HT, ZB among tokens nominated
The market cap of the crypto exchange tokens sector is $ 68.26B, representing 3.95% of the total cryptocurrency market cap. Many cryptocurrency exchanges have created their own exchange-based tokens that provide special benefits to users who hold the tokens. For example, users that hold ZB Token (ZB) on ZB.com crypto exchange enjoy discounted trading fees and can also access to the exchange’s exclusive products. In this article, we’ll be taking a look at 7 major exchange based tokens.
Top crypto exchange based tokens
According to the cryptocurrency spot exchange industry annual Report released in February 2021 from TokenInsight, 2020 best performing exchange tokens are BNB, OKB, HT, ZB, KCS, ZT, and HBC.
The report shows that the exchange tokens of Binance, Huobi, Okex and ZB.com dominated exchange token trading over 2020.
Crypto exchange-based tokens recently made significant gains, while several of these utility tokens went on to set new all-time highs (ATH).
BNB and HT tokens exceeded their previous high prices, on Feb. 19 and Feb. 20, respectively, according to data from CryptoRank.
The prices of OKB and ZB Token, two top four exchange tokens have climbed by 71,4% and 58,4%, respectively, since the beginning of 2021.
As of 2021 Q1, these are the TOP-4 popular crypto exchange tokens:
- Binance: BNB Token
- Huobi: HT Token
- Okex: OKB Token
- ZB.com: ZB Token
How do you think this list look in 12 months from now?
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