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RE: Revealed: The Cryptocurrencies That Investors are ACTUALLY Holding

in Threespeak5 years ago

Buying the exchange coins is like selling gear to gold prospectors. Binance Coin and the rest derive their fundamental value from exchange fees. Possessing them entitles one to trading at a lower cost than otherwise. As long as there is interest in trading cryptocurrencies there will be demand for the exchange coins. The risk is of course that each of them is tied to a single exchange.

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That doesn't sound like a game that I'd like to play or speculate on. But best of luck to those who do I guess!