Crypto and Crypto Investment Strategies - A One time Life Changer

in hive-153970 •  2 years ago 

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BNB image sourceEdited With Incollage App

15% Rewards To @worldsmile

Greetings to you all..am glad to have you all here, how are you doing? Cryptocurrency is one of the major thing we are getting ourselves engaged with. I will be participating in this contest thereby sharing my opinion to this contest.



IF YOU HAD MONEY, WOULD YOU LIKE TO INVEST IN CRYPTO?

Cryptocurrency is one of the biggest investment with a very high returns all times, therefore there is also a considerable downside or downtrend. As an Investor i am or about to be, analyzing whether my time horizon, risk tolerance, and liquidity requirements fit my profile too well.

Haven seen that crypto have gone along way in accumulating the world space. Investing in crypto can be the best step to take because the world around us now talks more of cryptocurrency with it's huge benefits.

IF YOU WANT TO INVEST IN CRYPTO, WHAT TOKENS WILL YOU BUY?

I would love to buy Binance Coin (BNB). Binance coin is the cryptocurrency coin that powers the BNB Chain ecosystem. BNB is the native currency of the Binance exchange which align and follows the ERC 20 standard. Ranking as one of the world's most popular utility tokens, you can not only trade BNB like any other cryptocurrency but can use BNB in a wide range of applications.

BNB Chain technically works on a proof-of-stake authority (PoSA) consensus mechanism, which means its validators are limited to a small number of the largest stakers in the system on any actual day.

WHY DID YOU CHOOSE THE TOKEN?

In Binance Exchange Native Token here are some benefits why i chose to use this token;


  • BNB Users can use BNB to pay the platform’s fee.

  • Users can donate BNB on Binance Charity.

  • BNB is the key trading pair on the Binance decentralized exchange.

  • It Can be used on Binance Liquidity Swap.

  • BNB is been used across a wide variety of applications such as DApps and games brought by the Binance chain.


In Exchange Of Token here are some benefits why i chose this token;


  • BNB gives users access to increased rate of trading volume discounts.

  • People have up to a 25 percent discount when they use BNB to pay their trading fee.

  • People can use BNB to make ourchases for both in-stores and online purchases for goods and services like flights and hotel booking, buying of e-gift cards, etc by usingBinance Card.

  • BNB could be used as a trading pair on the Binance blockchain.


Conclusion


I believe to have convinced you if not enough at least quarter with my piece of writing about cryptocurrency investment and strategies.
Thank you all for your dearest attention

I invite @wirngo @mariez and @noraandy to join the contest.1672125817915.jpg

Cc:
@amryksr

Best Regards

@Chiomzy810

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Thank you for participating in the contest Crypto and Crypto Investment Strategies. After verification, this content is free from plagiarism.