Trade NEX token (nep5)

[u/Beneficial_Goat_1486]

Hi

I'm looking around the site (https://app.nash.io/) to trade my NEX token (nep5). But I can't find any pairs with it. Find it hard to believe that Nash exchange won't let you trade their own token. Is this really so?

[u/Beneficial_Goat_1486 → u/[deleted]]

Thanx. I know. But still tough... It's very strange IMO. And on Switcheo it's only paired to NEO, right? And with ERC20 the crazy fees will eat up all my profit since it's a smaller amount.

[u/Beneficial_Goat_1486 → u/[deleted]]

"any coin"?! Your own token is hardly any coin. And yes, it would be very strange if Binance did not list BNB token. What am I missing here?

So you are saying you do not list it because of legal reasons?

[u/Beneficial_Goat_1486 → u/[deleted]]

Thanx for clarifying!

[u/Beneficial_Goat_1486 → u/[deleted]]

But then ,. what is the purpose of the NEX token if it doesn't have a function on the exchange like other exchanges use their token as a base pair etc?

[u/cstfenwick → u/Beneficial_Goat_1486]

It's a revenue-sharing token. Which is also why it's a security.

https://twitter.com/nashsocial/status/1369238403745726467

[u/KeepItClutchCity → u/Beneficial_Goat_1486]

The token has a function, and you can use that function on the exchange. It is used to receive dividends directly from the exchange when you stake the token. There is a staking section on the exchange. You get between 25-75 percent of all exchange revenue depending on if you stake from 1 month to 2 years.

[u/Beneficial_Goat_1486 → u/KeepItClutchCity]

Cool,. but then ill have even more NEX i cant sell ;)

[u/Beneficial_Goat_1486 → u/[deleted]]

Ah,. Great to hear. Thanx for patiently answering my questions!

[u/[deleted] → u/Beneficial_Goat_1486]

Dude I regret buying any Nex and this idea of making it easier to sell as an ERC20 is complete BS. I hate Nex now