Do you think crypto exchanges are just for buying, selling and trading coins? Well, if that’s the case, you need to redefine your thoughts. You will be pleasantly surprised to know that some of these exchanges offer their native coins as well. And the best part is, these native coin holders enjoy lucrative benefits from the exchanges. If you are looking to sign up with a crypto exchange, it’s better to find a one that offers its own and also amazing rewards for native coin holders.
COSS is another crypto exchange that has launched its own signature native coin “COSS”. The exchange offers a handy 50% discount on trading fees to all COSS holders on weekly basis. Users can either hold COSS token right on the COSS exchange portal or on some ERC20 wallet.
Decoin is one of the rising names in the world of crypto exchanges today. The exchange has its own native coin, DTEP, that runs on PoS independent blockchain. One of the main benefits of DTEP holders is that they are eligible to enjoy highly discounted trading fees. For example, the usual commission charged by Decoin is 0.25% per trade but for its native coin holders, the fee is 0.15%. Moreover, Decoin offers a unique revenue sharing program under which it offers 20% of its revenue to the DTEP coin holders.
Bitbox’s native token is BIX. This token is a utility token which helps users to pay different fees on Bitbox platform. BIX holders enjoy discounted fees on Bitbox for the first 4 years. In the first year, they will enjoy 50%, 25% in the second year, 12.5% in the third year and 6.25% in the fourth year.
Besides, Bitbox carries a BIX buyback program to raise the price of the token. The platform purchases back its BIX tokens regularly as well as burns them down. The BIX tokens will be burnt till the supply comes to 200 million.
Famous crypto exchange Binance has recently launched its own native token under the name of “BNB”. This ERC20 token can be utilized to pay trading fees, withdrawal fees, listing fees, exchange fees and so on. Then, BNB users will enjoy 50% discount on trading on Binance in their first year on the platform. The rate of discount will be 25% in the second year, 12.5% in the third year and 6.75% in the fourth year. Besides, BNB comes with a buyback program as well to boost BIX prices.