Are you holding any CEX native tokens?

[Ridwan]

2023 showcased the upside that exchange native tokens can provide to savvy investors. Reports noted BGB significantly outpacing major coins like Bitcoin last year, gaining over 200% as Bitget expanded its global user base. Its recent crossing of $1 marks an impressive milestone.

But BGB wasn't the only one to perform well. Binance's native token BNB also had a strong year, continuing to rise in lockstep with Binance's dominance in the market.

Meanwhile, reports outlined gains of 100% or more for tokens like OKB of OKEx and HT of Huobi as those Asian-focused exchanges extended new product rollouts and regional traction. As the likes of Bitget, Binance, OKEx and Huobi compete fiercely for users, their native assets could see ongoing tailwinds. Platform growth may indirectly boost inflows to tokens that provide traders with staking, trading fee discounts and more benefits.

Let me know if you are holding any native tokens of CEX, and if so, what do you think of them in the future?