I think the major advantage of holding exchange tokens is for the purpose of making the tokens appreciate. This is why some people can become very rich just by holding crypto because no one knows when it can appreciate.
Other advantages are
- To enable the token worth more value
- To enable easy distribution of tokens
- To meet other crypto exchange
Thanks for reading and I hope this helps
An advantage would be if the Exchange would buy those tokens that are being held by the users. One reason why they do this is because they want to put influence on the distribution of the tokens and the total supply circulation. There are many exchange tokens out there but only few of them support their users. Just be cautious and always do your research.
Now a days there have been a trend growing on and that is the centralized exchanges like Binance, Huobu, Kucoin are issuing their own tokens and interestingly these tokens have been performing well. The advantages of holding such exchange tokens are:-