Top Five Major Exchange Based Tokens in 2020 are BNB, ZB Token, OKB, HT and ZT; TokenInsight Report
Many crypto exchanges have issued their own platform based tokens which are supposed to directly relate the performance of their platform or overall business. 2020 has turned out to be particularly fruitful for the major exchange tokens which mark notable gains throughout the Q3 2020.
BNB and ZB Token (ZB), launched by ZB.com, recorded the highest monthly ROI of all major exchange tokens in Q3 2020, according to the CryptoRank.
As per a recent TokenInsight Report, 2020 best performing exchange tokens are BNB, ZB, OKB, HT and ZT. BNB and ZB Token outperformed the top five mainstream exchange tokens in 2020.
Below, you will discover the top 5 cryptocurrency exchange tokens that you can add to your crypto currency portfolio today!
About BNB
BNB is a cryptocurrency (token) that was created by Binance back in 2017. BNB has multiple use cases, but within the Binance Exchange ecosystem, it is used as a utility token that allows users to receive discounts when paying for their trading fees.
What Is ZB Token (ZB)?
ZB Token (ZB) is a global utility token issued by ZB Blockchain Foundation and adopted by ZB.com. According to data from CoinMarketCap, it has an adjusted daily trading volume of $583 million at the time of this writing. The platform was founded back in 2013, and it reportedly became the leading digital asset trading platform. The ZB Token can be used to purchase monthly VIP status plans for transaction fee discounts, vote on exchange decisions, gain early access to special ZB launchpad events, receive crypto rewards from seasonal buybacks, etc.
About OKB
OKB is the global utility token issued by the OK Blockchain Foundation, which powers the OKEx trading platform. OKB’s Buy-Back & Burn initiative was launched in May 2019, circulating about 300 million OKB tokens.
About HT
HT is short for Huobi Token, which is the Huobi Global Ecological Token. HT is a decentralised digital asset based on Ethereum, with a limited total supply of 500 M, issued by Huobi Group. Huobi users that hold HT get discounts on trading fees.
About ZBG Token (ZT)
ZBG Token (ZT) is an exchange based token and native currency of the ZBG crypto exchange. ZBG (www.zbg.com), a world-leading cryptocurrency spot and derivatives exchange, set up by ZB Group.The ZT can be used to purchase monthly VIP status plans for transaction fee discounts, vote on exchange decisions, gain early access to special ZBG Super launchpad events, and trade with other cryptocurrencies listed on the ZBG exchange.
Read the full report to see how all the Top 5 Exchange Tokens performed.