這5個CEX令牌正在引導加密貨幣的實用性轉移

Crypto又回到了2025年的聚光燈下，但這一次是不同的。經過數月的暴力糾正，交易者和投資者想要的不僅僅是價格上漲。

Crypto is back in the spotlight for 2025, but this time it’s different. After months of violent corrections, traders and investors want more than simply price increases. Tokens issued by exchanges are now gaining attention for their evident utility rather than hype.

Crypto又回到了2025年的聚光燈下，但這一次是不同的。經過數月的暴力糾正，交易者和投資者想要的不僅僅是價格上漲。交易所發行的代幣現在因其明顯的效用而不是炒作而引起關注。

These native tokens are growing into multi-purpose assets that drive platform innovations, encourage user involvement, and even serve as a bridge to regulated finance. The five tokens listed here, from old CEX classics to a new token with rich TradFi origins, should be on your 2025 crypto watch list.

這些本地令牌正在成長為多功能資產，這些資產可以推動平台創新，鼓勵用戶參與，甚至充當監管財務的橋樑。這裡列出的五個令牌，從舊的CEX經典到具有豐富Tradfi起源的新令牌，應該在您的2025 Crypto觀察列表中。

GateToken (GT) powers the Gate.io exchange and its GateChain network. GT holders get lower trading costs and early access to upcoming token auctions. They also get governance privileges, which let them vote on key platform issues like listing approvals and protocol improvements.

GateToken（GT）為Gate.io Exchange及其Gatechain網絡提供動力。 GT持有人獲得較低的交易成本，並儘早獲得即將進行的代幣拍賣。他們還獲得了治理特權，這使他們讓他們對關鍵平台問題進行投票，例如列出批准和協議改進。

A deflationary tokenomics paradigm underlies these benefits. Gate.io began with 300 million GT, but fewer than 100 million are still in circulation now. Each quarter, the platform spends 15% of its income on buying back and burning GT, gradually diminishing supply and hoping to enhance scarcity and potential value over time.

溫和的標記範式是這些好處的基礎。 GATE.IO從3億GT開始，但現在仍有不到1億輛。每個季度，該平台的收入的15％用於回購和燃燒GT，逐漸減少供應，並希望隨著時間的推移增強稀缺性和潛在價值。

These advantages are further amplified by the integration of GateToken into various platform services. For instance, in the rapidly expanding field of Web3 gaming, GateToken serves as a core currency, offering seamless interoperability within the ecosystem.

通過將GateToken集成到各種平台服務中，這些優勢進一步擴大了。例如，在Web3遊戲的快速擴展的領域中，Gatetkoken充當核心貨幣，在生態系統中提供了無縫的互操作性。

Moreover, Gate.io's strategy to expand into new markets and user segments is aided by the token. As the exchange introduces more fiat currencies and payment methods, GateToken will play a pivotal role in facilitating seamless transactions and a smooth onboarding experience for diverse users.

此外，Gate.io擴展到新市場和用戶段的策略得到了代幣的幫助。當交易所引入更多的法定貨幣和付款方式時，GateToken將在促進無縫交易和為不同用戶提供平穩的入職經驗方面發揮關鍵作用。

MultiBank Group’s MBG token ushers in a new era of exchange-issued assets by merging TradFi rigor and crypto innovation. MultiBank handles over $4.5 trillion in trade volume, owns 17 regulatory licenses in major markets (including VARA in Dubai and ASIC in Australia), and serves over 2 million customers in over 100 countries.

Multibank Group的MBG代幣引誘者通過合併Tradfi Rigor和Crypto Innovation在新的交換資產新時代。 Multibank手理銷售超過4.5萬億美元，在主要市場（包括迪拜和澳大利亞的ASIC）擁有17個監管許可，並為100多個國家 /地區的200萬客戶提供服務。

The MBG ecosystem comprises three main platforms. MultiBank FX, the group’s primary CFD trading arm, manages $35 billion in daily volume and trades currencies, commodities, indices, and cryptocurrency with full regulatory oversight. MEX Exchange is an institutional ECN designed for deep liquidity in emerging markets, handling an estimated $40 billion in daily volume and aiming for $460 billion within five years.

MBG生態系統包括三個主要平台。該集團的主要CFD交易部門Multibank FX管理了350億美元的每日銷售量，並通過全面監管監督提供了貨幣，商品，指數和加密貨幣，商品，指數和加密貨幣。 MEX Exchange是一種機構ECN，旨在在新興市場中進行深厚的流動性，估計每天400億美元，目標在五年內為4600億美元。

Finally, MultiBank.io provides a regulated digital-asset exchange and custody service, offering spot and derivative trading, staking, fiat on-ramps, and impeccable security.

最後，Multibank.io提供了受監管的數字資產交易所和監護權服務，提供現場和衍生品交易，藏匿，命令式越野和無可挑剔的安全性。

MBG holders receive fee savings, monthly usage rewards, and access to unique IEOs. The token is also integral to a historic $3 billion real-world asset deal—the biggest RWA tokenization yet—bringing luxury Dubai properties on-chain. To promote scarcity, up to half of MBG’s total supply will be repurchased and burned, depending on platform activity.

MBG持有人可以節省費用，每月使用獎勵和獲得獨特的IEO。該令牌也是歷史悠久的30億美元現實資產交易（迄今為止最大的RWA令牌化）不可或缺的一部分。為了促進稀缺性，根據平台活動，將多達MBG總供應量的一半被回購和燃燒。

In an industry seeking legitimacy, MBG stands as a link between traditional banking and the promise of blockchain.

在尋求合法性的行業中，MBG是傳統銀行業務與區塊鏈承諾之間的聯繫。

KuCoin Token (KCS) combines utility and passive income. Holders use KCS to pay trading fees and save up to 20%. Simply holding KCS grants you daily incentives funded by a portion of the exchange’s trading revenues.

Kucoin令牌（KCS）結合了公用事業和被動收入。持有者使用KCS支付交易費用並節省多達20％。僅僅舉行KCS就可以通過交易所收入的一部分資助的每日激勵措施。

In addition to fee reductions, KCS provides early access to KuCoin Spotlight token offerings and accepts a variety of payment methods, including trip reservations, gambling, and retail.

除了降低費用外，KCS還提供了對Kucoin Spotlight代幣產品的儘早訪問，並接受各種付款方式，包括旅行預訂，賭博和零售。

KCS follows a deflationary model: KuCoin uses a percentage of its net income to buy back KCS tokens, which are then permanently burned. The goal is to reduce the total supply from 200 million to 100 million, thereby increasing scarcity and hopefully driving long-term value.

KCS遵循一種通縮模型：Kucoin使用其淨收入的一定百分比回購KCS代幣，然後將其永久燃燒。目的是將總供應量從2億次減少到1億，從而增加稀缺性並希望推動長期價值。

This combination of real-world utility and limited supply makes KCS a popular choice among traders seeking both savings and income sharing.

現實世界公用事業和有限供應的這種結合使KCS成為尋求儲蓄和收入共享的交易者的流行選擇。

Bitget’s BGB is the native token for the Bitget exchange and its integrated wallet ecosystem. BGB is used for functions such as trading, paying fees, participating in platform activities, and staking for additional rewards. It also powers Bitget’s social trading capabilities, which enable users to copy the trades of elite traders.

Bitget的BGB是Bitget Exchange及其集成錢包生態系統的本地令牌。 BGB用於諸如交易，支付費用，參與平台活動以及積累額外獎勵之類的功能。它還為Bitget的社會交易能力提供動力，這使用戶能夠複製精英交易者的交易。

Originally limited to 2 billion tokens, 25% were traded for BGB by early BFT holders. To maintain scarcity, Bitget conducts quarterly burns, which remove tokens from circulation.

最初限制為20億代幣，由早期BFT持有人交易了25％的BGB。為了保持稀缺性，BITGET進行季度燒傷，從而將令牌從循環中消除。

BGB holders get tiered privileges such as fee savings on spot and derivatives, priority access to airdrops, and invites to special events. By integrating BGB into spot, futures, and DeFi services, Bitget ensures that the token remains crucial to the growth of its ecosystem.

BGB持有人獲得了分層特權，例如現場節省費用和衍生品，優先訪問空調以及邀請參加特殊活動。通過將BGB納入現場，期貨和Defi服務，BITGET可確保令牌對其生態系統的增長至關重要。

The HTX Token (HT) is an ERC-20 asset on the Ethereum network and originated from the original Huobi Token. It’s a key part of the HTX exchange, offering trading fee savings and access to platform-specific services.

HTX令牌（HT）是以太坊網絡上的ERC-20資產，起源於原始的Huobi代幣。這是HTX交易所的關鍵部分，可節省交易費用並訪問特定於平台的服務。