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What coin should I invest in 2021?

Posted on December 17, 2020 by Author

Table of Contents

  • 1 What coin should I invest in 2021?
  • 2 Can Binance be trusted?
  • 3 Is Binance coin (BNB) a good investment?
  • 4 Is investing in BNB in 2021 worth it?

What coin should I invest in 2021?

Uphold

  • Bitcoin (BTC) Market cap: Over $1.08 trillion.
  • Ethereum (ETH) Market cap: Over $557 billion.
  • Binance Coin (BNB) Market cap: Over $104 billion.
  • Tether (USDT) Market cap: Over $73 billion.
  • Solana (SOL) Market cap: Over $64 billion.
  • Cardano (ADA) Market cap: Over $52 billion.
  • XRP (XRP)
  • U.S. Dollar Coin (USDC)

Is Binance legit 2021?

Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies. Binance could be overwhelming for beginners and experienced traders alike. Binance is free to use and offers lower fees than many other cryptocurrency exchanges.

Can Binance be trusted?

Is Binance Safe? Binance is considered a safe exchange that allows user account protection via the use of Two Factor Authentication (2fa). On May 7, 2019, Binance experienced a major hack which resulted in 7000 Bitcoins stolen from the exchange.

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Is my money safe in Binance?

Binance security features also include address whitelisting, device management, and the ability to restrict device access. Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts.

Is Binance coin (BNB) a good investment?

While the Binance Coin average price is estimated to be at the level of $579.629 ( +5.84\%) per coin. DigitalCoinPrice predicts that Binance Coin price will increase in the future and says that BNB is a good investment. BNB crypto average price may grow up to the level of $786.91 ( +43.69\%) per coin by the end of December 2021.

What will be the Binance coin price in May 2021?

TradingBeasts says that the Binance Coin price will reach $523.04 (-4.49\%) by the end of May 2021. The maximum BNB token price is expected to soar up to the level of $571.786 (+4.41\%) per coin by the end of the year 2021 while BNB coin average price probably will stay at the level of $457.429 (-16.47\%) per coin.

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Is investing in BNB in 2021 worth it?

Thus, it’s up to you to decide if investing in BNB in 2021 is worth it. For the average trader, perhaps the most appealing aspect of investing in BNB is the fact that you can get a discount of 25\% on the Binance Exchange. In 2017, this discount was even greater, 50\%.

Is there a link between Binance coin and Bitcoin?

No, there is no direct link between BNB and Bitcoin. BNB was created on the Ethereum blockchain as an ERC-20 token and later on moved to the Binance Chain, which was created later. Binance Coin is not a fork of Bitcoin like Bitcoin Cash or Litecoin, for example.

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