Post
Topic
Board Speculation (Altcoins)
Re: Altcoins profit ... Which altcoin is best for profits?
by
RealMalatesta
on 15/01/2020, 08:24:05 UTC
As which coin i need to invest in it.
ETH and BNB are altcoins which in my opinion have very good potential lately, especially altcoin BNB really shows a significant increase, many investors are investing BNB and many traders are trading these coins.
BNB is a utility token and you can always invest in utility tokens which have a strong product behind them. BNB is a currency created by Binance and we all know how large Binance has been converted into. Also, BNB is actively used on the Binancedex which is making it more wider and a lot of peoples are buying BNB to save their trading fees on the Binance platform.

Moreover, Binance does offer a number of benefits for BNB holders like staking, lending, etc which creates a more wider demand for that coin and it grows more than it currently is. I can say in the bull runs, we would see a higher price for the BNB markets as the price would sky rocket in those positions.