Cryptocurrency businesses. This is why Coinbase’s stock price plummeted by more 84% since its high. The centralized exchange tokens, or CET, have also seen a sharp decline in value over the past months. These are the top CET cryptocurrencies you can buy.

FTX Token (FTT)

FTX has been one of the most popular cryptocurrency exchanges around the globe. It is an international brand with a US-focused business. Private investors have valued the two companies at more than $30 trillion. It is more valuable than Coinbase which has a market capital of over $15 trillion.

The FTX Token, which has a market capital of more than $4 billion, is the largest centralized exchange token in the world. 64% The FTT token’s price has fallen from its high point in 2021.. The token could rebound in the short term as the company expands to stock trading. This will most likely happen when other cryptocurrency start to recover.

OKB (OKB)

OKX, a large company, provides a platform for people to buy and sell digital currency. It is similar to FTX but focuses more on cryptocurrency derivatives which are even larger than spot currencies. It handles more than $10 million cryptocurrencies each day, according to CoinMarketCap. OKX features also allow users to buy and sell non-fungible tokens, such as NFT (Non-fungible Tokens), and other DeFi platforms.

The OKB price has been moving in a bearish direction for the past few months due to lower demand for cryptocurrency. The overall volume of derivatives traded within the ecosystem is also in a downtrend. OKB is a great buy due to its overall market share.

KuCoin Token (KCS)

KuCoin, another large cryptocurrency exchange, handles billions of dollars each day. The KCS token is valued at more than $1.6 million. KCS has performed well over the last few days, unlike other centralized exchange tokens. From its February low, it has increased by 45%.

The most recent catalyst to the KCS price was a large $150million fund that developers raised this month. They intend to use the funds for expansion in areas such as DeFi and the Metaverse.

These three are not the only top-rated centralized exchange tokens. Huobi Token and Swissborg are also highly regarded.