这5个CEX令牌正在引导加密货币的实用性转移

Crypto又回到了2025年的聚光灯下，但这一次是不同的。经过数月的暴力纠正，交易者和投资者想要的不仅仅是价格上涨。

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年的聚光灯下，但这一次是不同的。经过数月的暴力纠正，交易者和投资者想要的不仅仅是价格上涨。交易所发行的代币现在因其明显的效用而不是炒作而引起关注。

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.

这些本地令牌正在成长为多功能资产，这些资产可以推动平台创新，鼓励用户参与，甚至充当监管财务的桥梁。这里列出的五个令牌，从旧的CEX经典到具有丰富Tradfi起源的新令牌，应该在您的2025 Crypto观察列表中。

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）为Gate.io Exchange及其Gatechain网络提供动力。 GT持有人获得较低的交易成本，并尽早获得即将进行的代币拍卖。他们还获得了治理特权，这使他们让他们对关键平台问题进行投票，例如列出批准和协议改进。

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.

温和的标记范式是这些好处的基础。 GATE.IO从3亿GT开始，但现在仍有不到1亿辆。每个季度，该平台的收入的15％用于回购和燃烧GT，逐渐减少供应，并希望随着时间的推移增强稀缺性和潜在价值。

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.

通过将GateToken集成到各种平台服务中，这些优势进一步扩大了。例如，在Web3游戏的快速扩展的领域中，Gatetkoken充当核心货币，在生态系统中提供了无缝的互操作性。

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扩展到新市场和用户段的策略得到了代币的帮助。当交易所引入更多的法定货币和付款方式时，GateToken将在促进无缝交易和为不同用户提供平稳的入职经验方面发挥关键作用。

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代币引诱者通过合并Tradfi Rigor和Crypto Innovation在新的交换资产新时代。 Multibank手理销售超过4.5万亿美元，在主要市场（包括迪拜和澳大利亚的ASIC）拥有17个监管许可，并为100多个国家 /地区的200万客户提供服务。

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生态系统包括三个主要平台。该集团的主要CFD交易部门Multibank FX管理了350亿美元的每日销售量，并通过全面监管监督提供了货币，商品，指数和加密货币，商品，指数和加密货币。 MEX Exchange是一种机构ECN，旨在在新兴市场中进行深厚的流动性，估计每天400亿美元，目标在五年内为4600亿美元。

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

最后，Multibank.io提供了受监管的数字资产交易所和监护权服务，提供现场和衍生品交易，藏匿，命令式越野和无可挑剔的安全性。

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持有人可以节省费用，每月使用奖励和获得独特的IEO。该令牌也是历史悠久的30亿美元现实资产交易（迄今为止最大的RWA令牌化）不可或缺的一部分。为了促进稀缺性，根据平台活动，将多达MBG总供应量的一半被回购和燃烧。

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

在寻求合法性的行业中，MBG是传统银行业务与区块链承诺之间的联系。

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）结合了公用事业和被动收入。持有者使用KCS支付交易费用并节省多达20％。仅仅举行KCS就可以通过交易所收入的一部分资助的每日激励措施。

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.

除了降低费用外，KCS还提供了对Kucoin Spotlight代币产品的尽早访问，并接受各种付款方式，包括旅行预订，赌博和零售。

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遵循一种通缩模型：Kucoin使用其净收入的一定百分比回购KCS代币，然后将其永久燃烧。目的是将总供应量从2亿次减少到1亿，从而增加稀缺性并希望推动长期价值。

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

现实世界公用事业和有限供应的这种结合使KCS成为寻求储蓄和收入共享的交易者的流行选择。

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及其集成钱包生态系统的本地令牌。 BGB用于诸如交易，支付费用，参与平台活动以及积累额外奖励之类的功能。它还为Bitget的社会交易能力提供动力，这使用户能够复制精英交易者的交易。

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.

最初限制为20亿代币，由早期BFT持有人交易了25％的BGB。为了保持稀缺性，BITGET进行季度烧伤，从而将令牌从循环中消除。

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持有人获得了分层特权，例如现场节省费用和衍生品，优先访问空调以及邀请参加特殊活动。通过将BGB纳入现场，期货和Defi服务，BITGET可确保令牌对其生态系统的增长至关重要。

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）是以太坊网络上的ERC-20资产，起源于原始的Huobi代币。这是HTX交易所的关键部分，可节省交易费用并访问特定于平台的服务。