Exchange tokens

Exchange tokens are associated with centralized trading platforms or decentralized exchange protocols. They may offer fee discounts, participation in platform programs, governance or other benefits.

Exchange tokens illustrated with a utility coin and trading terminal

Browse the buying guides

All buying guides

Buy Symbiosis (SIS) — A simple guide

If you're looking to buy Symbiosis (SIS), you've come to the right place. Symbiosis is a decentralized cross-chain liquidity protocol that lets you swap tokens across multiple blockchains without...

read more

Buy ChainSwap (CSWAP) — A simple guide

If you're looking to buy ChainSwap (CSWAP), you've come to the right place. CSWAP is the native token of a cross-chain DeFi protocol designed to make moving assets between blockchains more secure...

read more

Buy SwissCheese (SWCH) — A simple guide

If you're looking to buy SwissCheese (SWCH), you've come to the right place. SWCH is the native token of a decentralized finance platform built on the Polygon network, aiming to bring traditional...

read more

Buy Saros (SAROS) — A simple guide

If you're looking to buy Saros (SAROS), you've come to the right place. Saros is a growing project in the Solana ecosystem, built around a Super App experience that aims to make decentralized...

read more

Buy Hyperion (RION) — A simple guide

If you're looking to buy Hyperion (RION), you've come to the right place. Hyperion is building the foundational trading infrastructure on the Aptos blockchain, combining swap aggregation,...

read more

Buy DragonSwap (DRG) — A simple guide

If you're looking to buy DragonSwap (DRG), the native token of Sei Network's leading decentralized exchange, you've landed in the right place. DRG powers one of the most technically advanced AMMs in...

read more

Buy EDGEX (EDGEX) — A simple guide

If you're looking to buy EDGEX (EDGEX), you've come to the right place. This guide walks you through everything you need to know — from understanding what EDGEX actually is to where you can purchase...

read more

Buy DefiTuna (TUNA) — A simple guide

If you're looking to buy DefiTuna (TUNA), you've come to the right place. TUNA is the native token of DefiTuna, a DeFi platform built on Solana that brings concentrated liquidity market making with...

read more

Buy Pangolin (PNG) — A simple guide

If you're looking to buy Pangolin (PNG), you've come to the right place. Pangolin is a community-driven decentralized exchange built on the Avalanche network, offering fast, low-cost trading for...

read more

Buy Hydranet (HDN) — A simple guide

If you're looking to buy Hydranet (HDN), you've come to the right place. Hydranet is a pioneering decentralized trading network that combines the best of centralized and decentralized exchanges —...

read more

What do exchange tokens do?

Browse the buying guides

Their value and rights depend on the specific terms. A token associated with an exchange is not automatically a share in the business, a deposit claim or a right to its profits.

How it works

Centralized exchange benefits depend on an operator continuing to provide them. DEX governance tokens depend on smart contracts and governance decisions, which may change fee policies or incentives. Buybacks and burns can affect supply, but their funding, discretion and scale matter more than the announcement alone. A platform can attract trading volume without passing economic value to token holders. Assess token concentration and unlock schedules alongside the reliability and use of the underlying service.

Blockchain explained: connected blocks in a blockchain network
Cryptocurrency wallet and keys illustrating secure access and recovery

A little groundwork goes a long way

Before your next purchase or transfer, understand who controls access, where your crypto is going and what the trade will actually cost.

Protect access to your crypto

An exchange account and a self-custody wallet need different safeguards. Protect exchange logins with a unique password and strong two-factor authentication. For self-custody, your recovery backup is what lets you restore access.

Keep recovery words offline and private. A support agent or website asking for them is a reason to stop.

See a recovery example

Your phone breaks. An exchange may help you recover your account after identity checks. A self-custody wallet cannot reset your recovery phrase. Check your wallet’s official backup instructions before relying on it.

Choose the right transfer network

The asset, token version and network must be supported at the destination. A familiar ticker or a matching address format is not enough. Read the receiving platform’s deposit instructions before selecting a withdrawal network.

Check the address, any required memo or tag, fees and minimums. Consider a small test transfer first.

See a network example

Your destination accepts USDC on Ethereum. Selecting a cheaper network at the sending exchange does not make it an Ethereum transfer. Use a network both ends support; an ordinary withdrawal does not bridge tokens.

Understand the price you pay

Trading fees are only part of the cost. The spread, available liquidity and withdrawal charges also matter. A market order prioritizes execution; a limit order controls the price but may remain unfilled or fill only partly.

Check the order preview and the amount you will receive, then compare the full cost of your intended purchase and withdrawal.

Work through a cost example

Hypothetical example: a $200 trade with a 0.1% trading fee costs $0.20 in trading fees. A separate $5 withdrawal fee brings those charges to $5.20. Spread or slippage may add more; these are not quoted exchange rates.