Definition ∞ Exchange coins, often referred to as exchange tokens, are cryptocurrencies issued by cryptocurrency exchanges themselves. These tokens typically offer holders benefits such as reduced trading fees, participation in token sales, or governance rights within the exchange’s ecosystem. Their value is often closely tied to the performance and utility of the issuing exchange.
Context ∞ The performance and utility of exchange coins are frequently scrutinized in market news, reflecting their role as indicators of exchange health and user engagement. Discussions often involve their potential for price appreciation, their impact on exchange liquidity, and the regulatory considerations surrounding their classification and trading, which are pertinent to understanding broader market sentiment and exchange business models.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
