Key Points Summary
What are CEX tokens? They are tokens issued by exchanges (such as Binance or XT.COM) that provide users with benefits such as discounted trading fees, staking rewards, and the opportunity to participate in exclusive token sales.
Who should hold it? Whether you are an active user who trades frequently or a newcomer who occasionally tries it out, as long as you want to save money, earn rewards, or participate in new projects in advance, these tokens are suitable for you.
Why is it worth holding? It not only helps you reduce transaction costs, but also brings passive income through staking, and even increases in value due to token destruction and scarcity.
Where can I use it? The best option is of course on the platform where the token was issued, such as Binance or XT.COM, but they can also be traded on other exchanges and even decentralized exchanges (DEX).
Future trends? These tokens have more and more application scenarios, such as DeFi, NFT, and even institutional transactions, and have become an important part of the crypto world.
Have you ever wondered why some cryptocurrency exchanges issue their own tokens, like BNB or XT ? Or maybe you’ve heard that these tokens can help you save on trading fees and unlock some special benefits, but you’re not quite sure if they’re worth paying attention to?
Don’t worry, this article will give you a comprehensive understanding in a simple and easy way. Whether you are a seasoned trader or a beginner, you can find out how these tokens work, what they are used for, and why they are more important than you think.
Table of contents
Who is suitable to hold CEX tokens?
When should you consider holding CEX tokens?
Where can I obtain and trade CEX tokens?
Why should you care about CEX Tokens?
How to start using CEX Tokens?
Introduction to popular CEX tokens
Future prospects of CEX tokens
What is CEX Token?
CEX tokens, or “centralized exchange tokens,” are cryptocurrencies issued by trading platforms like Binance , XT.COM , and Bitget . In simple terms, these tokens are designed to enhance the user trading experience and bring some special benefits that ordinary cryptocurrencies do not have.
What makes them so special?
Strong practicality: for example, reducing transaction fees, staking rewards, and even being the first to participate in token issuance activities.
Controlled by the exchange: The supply, destruction mechanism and specific usage of tokens are all managed by the exchange.
Enhance user stickiness: Through benefits such as fee discounts, VIP benefits, and staking income, users are more willing to use these tokens for a long time.
Why should you care about them? CEX tokens not only save you a ton of money on trading fees, but also give you passive income through staking , not to mention the ability to participate in limited token sales.
For example: Binance’s BNB was originally used to reduce transaction fees, but now it has become a core asset of the Binance ecosystem and can also support its blockchain operations.
Image Credit: CoinMarketCap
Who is suitable to hold CEX tokens?
In fact, whether you are an experienced and active trader or a novice who trades occasionally, as long as you are using an exchange, these CEX tokens can bring you a lot of benefits!
Active Trader
If you trade frequently, especially large amounts, a fee discount is a great way to save money! Many exchanges offer 25%-50% discounts, which can add up to hundreds or even thousands of dollars in the long run.
Long-term investors
If you prefer long-term investment, you can also earn passive income by staking these tokens. For example , XT.COM s XT token staking plan provides a very good annualized rate of return (APY), which is simply an additional after-sleep income for those who are not in a hurry to use the funds.
Crypto enthusiasts and early adopters
If you like to participate in new projects, CEX tokens are definitely your passport. Many platforms IEOs (Initial Exchange Offerings) or token launch events require you to hold a certain number of tokens. The more you hold, the higher the allocation.
Regular users and beginners
Even if you don’t trade much, holding a small amount of CEX tokens can still enjoy preferential fees, and even participate in airdrops and promotional discounts. For those who are just getting started, these small benefits will definitely make your experience even better!
Image Credit: YouHodler
When should you consider holding CEX tokens?
Holding CEX tokens at the right time can really help you maximize your profits! The following moments are the best opportunities to get started:
Before launching new features
Exchanges often tie new features, such as NFT markets or staking rewards programs, to their tokens. If you hold tokens in advance, you can enjoy these special benefits first without worrying about missing out.
When the handling fee is increased or there is a limited-time discount
If an exchange announces a fee increase, or launches a limited-time promotion like doubling staking rewards, holding tokens can help you save a lot of money and take advantage of these great deals!
When the staking income increases
Often, exchanges will launch limited-time events that double the staking rewards. If you hold tokens and participate in staking at this time, the returns will be much higher than usual, and there is no loss at all!
Before IEO or launching a platform sale
Want to be the first to participate in the token pre-sale of a new project? Most exchanges require you to hold a certain number of tokens to participate, and the more you hold, the higher the allocation. Therefore, it is definitely a good idea to stock up on tokens in advance!
When prices are low or stable
Buying when the token price is at a low or stable level not only reduces costs, but also allows you to enjoy the dividends of price increases when demand increases in the future.
Image Credit: ofcfca.org
Where can I obtain and trade CEX tokens?
The best place to get the best deal is, of course, on the exchange where the token is issued! Native platforms usually offer the most benefits, such as fee discounts, staking rewards, and priority in launching the platform.
Buy on major exchanges:
Binance (BNB): As the core token of Binance, BNB can not only be used to deduct transaction fees, but also support various ecological projects of Binance Smart Chain (BSC).
XT.COM (XT): The XT token provides global benefits such as discounted transaction fees, staking rewards , and airdrops, suitable for all types of users.
Bitget (BGB): BGB is an important token of Bitget, which can enjoy preferential handling fees and very good staking income.
Gate.io (GT): In addition to discounted transaction fees, GT also allows you to participate in Gate Startups project pre-sale opportunities, which is suitable for users who want to explore potential projects.
Cross-platform trading:
Although native platforms have the most benefits, some tokens will also be listed on other exchanges, such as Binances BNB, and can also be traded on XT.COM, Coinbase or Kraken. Cross-platform flexibility is greater, but there may be fewer additional benefits.
Buy on a decentralized exchange (DEX):
If these tokens are based on mainstream blockchains, such as BNB based on Binance Smart Chain, you can also trade them on DEXs like PancakeSwap or Uniswap, and use them to participate in DeFi activities such as liquidity mining or yield aggregation.
For example: BNB can not only be easily traded on PancakeSwap, but also join the liquidity pool to help you earn extra income.
However, although these tokens can be traded on other platforms, using them on their native platforms will definitely allow you to earn benefits, such as higher staking returns, larger fee discounts, and priority participation in exclusive token sales. Just like XT.COMs XT token , not only can you save money, but you can also participate in exclusive global events and promotions. Isnt it worth it?
Screenshot Source: XT.COM
Why should you care about CEX Tokens?
CEX tokens are more than just a part of the exchange, they can significantly enhance your crypto trading experience. Whether it’s saving money, earning money, or participating in exclusive events, these tokens can bring you a lot of benefits:
Save transaction fees:
Using CEX tokens to pay transaction fees can significantly reduce costs, with discounts usually ranging from 10% to 50%.
For example: Binance users can save 25% by paying transaction fees with BNB, and XT.COMs XT token also offers similar discounts.
Earn Passive Income:
Holding tokens can also earn income through staking, turning idle tokens into a good passive income.
For example: XT.COM ’s staking program offers a competitive annualized yield (APY), which is particularly suitable for long-term holders.
Be the first to participate in the token issuance:
Many platforms’ IEO (Initial Exchange Offering) or token launch events require users to hold CEX tokens in order to participate in the pre-sale.
Example: Bitget ’s BGB token gives holders access to exclusive launch platform events, and the more tokens you have, the higher your allotment.
Get exclusive rewards and VIP benefits:
Holding tokens also comes with additional benefits such as higher staking rewards , priority customer support, and even a larger allocation in token sales.
Token Economics and Scarcity:
Many CEX tokens reduce their supply through a regular destruction mechanism, thereby increasing the long-term value of the token.
For example: Binance and XT.COM regularly destroy tokens to maintain scarcity and drive up token prices.
These benefits not only make CEX tokens more attractive, but also further solidify their place in the crypto ecosystem. If you haven’t been paying attention to these tokens yet, now is a good time!
Screenshot Source: XT Smart Chain
How to start using CEX Tokens?
Getting and using CEX tokens is simple. Follow these steps to unlock all their benefits:
1. Choose the right exchange First, find an exchange that matches your goals. Consider its fee benefits, staking options, and token features.
For example: XT.COM provides global support and attractive staking plans, while Binance and KuCoin also have very mature ecosystems.
2. Register an account Register an account on the exchange and complete KYC (identity verification) to ensure the security and compliance of the account.
Tip: Remember to use a strong password and enable two-factor authentication (2FA) to increase account security.
3. Deposit funds Deposit fiat currency (such as USD) or cryptocurrency (such as USDT , BTC or ETH ) in preparation for purchasing tokens.
4. Buy exchange tokens Buy tokens through market orders or limit orders, such as XT/USDT or BNB/USDT .
5. Use tokens to unlock benefits Use tokens to pay transaction fees, participate in staking programs, or be the first to participate in token launch platform activities.
For example: By staking XT tokens , you can not only get a high annualized rate of return, but also participate in some exclusive airdrop activities.
6. Stay tuned to platform updates Pay attention to announcements from exchanges, such as staking activities, token destruction plans, or new features, so you can make the most of the value of your tokens.
Introduction to popular CEX tokens
Next, let’s take a look at some of the more popular CEX tokens. Not only are they the core of their respective exchange ecosystems, they also provide many unique features and benefits, and are definitely worth paying attention to!
BNB (Binance Coin)
Market capitalization (January 2025): $95.6 billion
Price: $670
Core Functionality: Initially used to reduce transaction fees, it has now been expanded to support the Binance ecosystem, including Binance Chain and Binance Smart Chain (BSC).
Highlights: Fee discounts, participation in Binance launch platform projects, and regular token destruction make BNB an important asset in the DeFi and NFT fields.
Image Credit: Bitcoin Systemi
XT (XT.COM Token)
Market capitalization (January 2025): $33.2 million
Price: $5.4
Core functions: Support the global expansion of XT.COM , focusing on improving user trading experience and ecosystem adoption.
Highlights: Fee discounts, staking rewards , and exclusive promotions such as airdrops and global outreach.
Image Credit: ReviForex
KCS (KuCoin Token)
Market capitalization (January 2025): $1.6 billion
Price: $13.3
Core function: KCS holders can receive dividends from KuCoin platform transaction fees.
Highlights: Daily dividends, fee discounts, and eligibility to participate in the KuCoin Spotlight project pre-sale.
Image Credit: Business Insider
GT (GateToken)
Market capitalization (January 2025): $2.3 billion
Price: $25.3
Core function: Gate.ios core token, providing users with fee discounts and early participation opportunities in Gate Startup projects.
Highlights: Low transaction fees, priority participation in launching platform projects, and governance voting rights.
Image Credit: Its Here Only Entertainment
BGB (Bitget Token)
Market capitalization (January 2025): $8.9 billion
Price: $7.4
Core functions: Support Bitgets derivatives trading and copy trading ecosystem.
Highlights: Fee discounts, staking rewards, and higher profit sharing ratios in copy trading.
Image Credit: CryptoNews
Future prospects of CEX tokens
CEX tokens are evolving rapidly and have become an integral part of the crypto world. As exchanges continue to innovate, the potential of these tokens is growing. Let’s take a look at some interesting developments in the future:
Integration with DeFi
Now more and more CEX tokens are beginning to enter the field of decentralized finance (DeFi), which can be used to participate in staking, liquidity mining, and revenue aggregation.
For example: BNB has become a star in DeFi applications on Binance Smart Chain (BSC). It can be staked and join liquidity pools to earn returns.
Stronger governance capabilities
Some tokens also allow users to participate in platform governance, such as voting to decide on major issues of the exchange. This makes the community more engaged and attracts more loyal users.
For example, Gate.ios GT token supports users to vote on some important strategies of the platform.
Attract institutional users
With the participation of institutional investors, CEX tokens can also benefit from higher trading volume and market stability. In particular, fee discounts and exclusive benefits are particularly attractive to large traders.
The ecosystem is becoming more and more complete
Many exchanges are building complete ecosystems around their own tokens. For example, BNB can not only be used to pay transaction fees, but also supports various applications on the Binance Smart Chain. This expansion makes these tokens more valuable and more difficult to replace.
In general, CEX tokens are no longer just auxiliary tools, they are becoming a bridge connecting users and exchanges, and a key driving force for the development of the future crypto ecosystem. If you are looking for an investment area with long-term growth, CEX tokens deserve your attention.
Image Credit: Mcglinchey
About XT.COM
Founded in 2018, XT.COM currently has more than 7.8 million registered users, more than 1 million monthly active users, and more than 40 million user traffic within the ecosystem. We are a comprehensive trading platform that supports 800+ high-quality currencies and 1,000+ trading pairs. XT.COM cryptocurrency trading platform supports a variety of trading products such as spot trading , leveraged trading , and contract trading . XT.COM also has a safe and reliable NFT trading platform . We are committed to providing users with the safest, most efficient, and most professional digital asset investment services.
