Exchange tokens are a way for a company to advertise “normal” utility to the customer. It presents a way for consumers to build loyalty towards a company by accumulating their token. From this accumulation, yields growth and opportunity. Covered Why Exchange Tokens Crypto.com (CRO) Voyager Token (VGX) Celsius Token (CEL) Why Exchange Tokens People want […] The post Three Exchange Tokens To Look Into appeared first on CryptosRus.

Three Exchange Tokens To Look Into

Exchange tokens are a way for a company to advertise “normal” utility to the customer. It presents a way for consumers to build loyalty towards a company by accumulating their token. From this accumulation, yields growth and opportunity.

Covered

  • Why Exchange Tokens
  • Crypto.com (CRO)
  • Voyager Token (VGX)
  • Celsius Token (CEL)

Why Exchange Tokens

People want more value for their investments. When regular people want to begin investing in cryptocurrencies, they are bombarded with abstract “DeFi” and Smart-Contract concepts. Centralized exchanges like Crypto.com and Voyager, know and understand this. Sometimes its best to “keep it simple”, and offer an investment concept with “normal” commercial utility. With more commercial buyers than ever before, and the surging demand for easily digestible and fun concepts like meme-coins; exchange tokens find the balance between easy, useful and approachable.

Anyone investing in crypto normally finds a few cryptocurrencies they like, then will find the exchange that carries that token. Naturally, you will dig deeper and see what else the exchange offers such as, interest payouts, various cryptocurrencies, ease-of-use, “perks”. This is where you will often find – exchanges carry a premier token that produces benefits for consumers.

Crypto.com Coin (CRO)

CRO’s utility is extremely consistent with what you would see as a standard rewards member. It heavily incentives you to spend money via their debit card. Below are the rewards on offer.

Source: Crypto.com

As you stake and lock up your CRO tokens you will slowly build your value inside of their network. As you reap the benefits such as 100% rebate on Netflix, just for being a CRO holder, it makes the natural dips of the crypto market much easier to handle.

Much of the value obtained from CRO is within holding the minimum balance and spending money via the Crypto.com debit card. As you accumulate you gain access to more robust tiers.

RECOMMENDED: CRYPTO.COM BUYS NAMING RIGHTS TO WORLD FAMOUS ARENA IN RECORD SHATTERING DEAL

Voyager Token (VGX)

Voyager token or VGX is the native token and serves as the backbone for the Voyager Loyalty Program. Voyager aims to create a simple, approachable platform where one can sign up and begin trading in 3 minutes. Review our recent “How To Use Voyager” article here. Use Code GEOD68 to receive $25 free BTC when you trade over $100. 

The VGX token is the engine by which the Voyager Loyalty Program is powered.

Source: InvestVoyager.com

You will see near the top of the image you need the minimum balance of VGX tokens to accrue the benefits of their respective tier.

They are all relatively straightforward, one to highlight is the [Crypto Back Rewards]. Simply for buying and selling cryptocurrencies on the platform, you receive a price improvement from their smart order routing system. Put simply, they are able to improve the price you buy and sell every single time you trade on the platform. They take this price improvement over a 2 week period and combine it into a Cash-Back Reward. Each tier provides a multiplier, you’ll receive the normal price improvement in the first tier, a 2x multiplier in the 2nd tier, and a 3x multiplier in the third tier.

Source: Twitter

The price improvement for this Explorer tier customer is $76.87. However, because they are in this tier, they receive 2x this amount. Which would amount to $153.74. That $153.74 was turned into a payout of 53.25 VGX tokens at an average cost of roughly $2.88 per token. This occurs twice a month. 

RECOMMENDED: AMERICAN CRYPTO EXCHANGE VOYAGER CONTINUES TO VOYAGER TO TOP; SURPASSES ONE MILLION ACCOUNTS

 

Celsius Token (CEL)

Celsius offers competitive interest in Synthetix, Matic and Polkadot, yielding 13.99%, 8.99% and 8.86% respectively. In particular, their stablecoin yield is above average for the likes of USDT (Tether) & USDC (United States Dollar Coin) all claiming 10% across the board. For a comprehensive list of their interest bearing assets, click here.

Source: Celsius.Network

CEL token, comes into play. CEL aims to bolster the yield of any diversified portfolio. The image above you simply need to hold a minimum percentage of CEL for your portfolio, that’s it.

EX Platinum Portfolio – Bitcoin $75 & CEL $25 = total amount $100.. 25% of the portfolio is CEL token, this qualifies you for the Platinum Tier. 

This lies the beauty and accessibility of this token. This is limited to the millionaires of the world – this is for regular people like you and me. In the setting section, you are then able to allocate the “Bonus Rewards” to any asset you see fit. With no lock up period, a direct contrast to CRO’s structure.

RECOMMENDED: HOW TO USE CELSIUS

Closing

People want more value for their investments. As the market turns from bullish to bearish we generally see people leave crypto projects with little every day value. Interest payments (passive income) and common commercial utility is definitely the strengths of these exchange cryptocurrencies.

You often here in the crypto space that, “you REALLY want a crypto that really builds utility to reduce sell pressure and sustain buy pressure”. Volatile as crypto is known to be, people want something sustainable, and long-term. Exchange tokens aim to compliment every investor by enhancing much of what the investor already wants, price appreciation, passive income and Netflix.

With the massive 25% additional boost, you are able to park your crypto and easily tailor your interest rates. Get started making competitive interest with our referral code and earn $50 of free Bitcoin with a transfer of $400 (must hold on the platform for 30 days).

 

 

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