This article takes an insightful look at three popular crypto exchanges right now- Coinbase, KuCoin, and Lunex Network. It examines their ecosystems, what they offer, how illiquid they are and which of them is the best crypto exchange for traders and enthusiasts. Read on to find out if you should consider investing in their native token or not.
Lunex Network: Revolutionizing the crypto exchange niche
Lunex Network is a brand new crypto project but is already gaining widespread popularity. That is because it is neither a centralized nor a decentralized exchange. It exists in a hybrid space between those two classes of platforms, offering its users the best of both worlds.
Like CEXs, Lunex Network is easy to use and smooth but it is non-custodial in nature, a feature that boosts its security tremendously. Like DEXs, it offers access to a wide range of crypto assets. Lunex Network allows users to trade over 50,000 crypto trading pairs across 40+ blockchain networks.
This feature cannot be matched anywhere yet. No wonder the Lunex Network presale has attracted a lot of attention. The platform is backed by institutional liquidity, a payment gateway for smooth fiat-crypto conversions, and a revenue sharing model that actually makes sense.
Portions of LNEX are bought from the open market and redistributed to holders once every week. This further boosts the coin’s liquidity and fosters a strong community which will be instrumental to its long term success.
In essence, Lunex Network is shaking up the crypto space for the right reasons. The presale is available for only $0.0019 and has raised $1.7 million already. Experts believe it would appreciate by 1,800% in the coming months and most people agree it is the best ICO to invest in today.
KuCoin offers loads of liquidity but KCS price is stuttering
KuCoin is an extremely popular exchange that was launched close to a decade ago. It has a massive following, used by millions of people around the world. But then, its native token KCS hasn’t been having a lot of success of late.
KCS is up by double digits over the last month, but in recent times, all momentum has stagnated. Given that KCS hasn’t been stellar in 2024, there’s some skepticism around investing in it.
What does Coinbase offer DeFi traders?
Coinbase is an OG crypto exchange with tons of liquidity. It is a global powerhouse that competes closely with KuCoin and the rest. However, Coinbase doesn’t have its own intrinsic token, which can be off putting for some traders.
Since it only deals with traditional shares, critics say Coinbase offers crypto investors little apart from buying or selling assets. Apart from allowing one to exchange fiat for crypto, Coinbase doesn’t do really much. Moreover, Coinbase operates in a custodial manner, which puts users’ funds at risk. DeFi traders pick other platforms over Coinbase every day.
Don’t miss out on the best crypto exchange
Lunex Network offers crypto investors institutional liquidity and access to a plethora of trading pairs. That is why it is deemed the best ICO to invest in. And those who take a stab at it now stand to rake in over 100x gains when it lists on exchanges later on.
You can find more information about Lunex Network (LNEX) here: