Tokenized value exchange and real-world use cases are very important. Misleading signals in the cryptocurrency markets have now made it obvious that capitalism has its limitations. Several investors went “all in” on centralized exchanges as opposed to investing in value based on real-time utility.

Well-reasoned investment decisions can be made using sufficient information about factors relating to supply and demand.  It is supply and demand that actually determines the prices. The cryptocurrency industry did not have the kind of transparency about the reality driving prices and the reliable price signals.

Tokenized Value Exchange

Tokenization is the process by which a piece of sensitive data is replaced by a surrogate value known as a token.  The sensitive data that has been tokenized still needs to be stored in a centralized system for subsequent reference, and it should have strong protections around it. Thus, a token is a representation of a particular asset or utility.  The value of the digital asset, which has been tokenized can be used on the blockchain application.

Centralized Exchange (CEX) Token

Some of the top CEX Tokens are BNB, UNUS SED LEO, Cronos, OKB, Huobi Token (HT),  Kucoin Token (KCS), Gate Token (GT), Woo Network (WOO), MX Token (MX), FTX Token (FTT), LINK (LN), WazirX (WRX), ASD (ASD), Wirex Token (WXT), TOKO Token (TKO), Bitcicoin (BITCI), LATOKEN (LA), BTSE (BTSE), BitForex Token (BF), BigONE Token (ONE), ProBit Token (PROB), Bitrue coin (BTR), Open Ocean (OOE), EXMO Coin (EXM), Birake (BIR), Stake Cube Coin (SCC), MAX Exchange Token (MAX), Bibox Token (BIX) and lot more.

CEX the Stock Exchange for Digital Assets

Centralized cryptocurrency exchanges work like an intermediary between a buyer and seller, and they make money through commissions and transaction fees.  CEX is more like the stock exchange for digital assets.  Binance is one of the popular and still going good, centralized cryptocurrency exchange.

2000 Open Positions in Binance (BNB)

CZ_Binance expressed: “I know it’s a Sunday. But we are still hiring. It was not easy saying no to Super bowl ads, stadium naming rights, large sponsor deals a few months ago, but we did. Today, we are hiring for 2000 open positions for Binance.”

While the industry is suffering a serious downturn, Binance hiring is a good sign and this is also indicative that they are doing well.  With Binance working on one of the futuristic tech, and most users being millennials, this is quite the chance for those who are looking to work in the cryptocurrency industry.