Part 2: Best Coin Cryptocurrency for Invest Long Term

Part 2: Best Coin Cryptocurrency for Invest Long Term

By Syachrodi | InfoByte | 26 Feb 2021


Earlier in part one, I've covered 2 cryptocurrencies that are great for long-term investment. In this article, I will discuss 2 other cryptocurrencies that are suitable for long-term investment.

3. Binance Coin (BNB)

a00382c69b30e16e6498449cde63d261df99711fd95aea3f7c96dd1a93e5a174.pngOf course, by just reading the name of this coin, we already know who the owner or founder of this coin is. Yes, the owner is one of the largest markets in the crypto world, namely Binance.

Binance Coin was launched in 2017 by Binance CEO Changpeng Zhao who is a successful businessman from China. BNB has a strong fundamental where BNB will certainly be a top priority on Binance Exchange.

The initial price when ICO coin was first launched was $US 0.1 for the coin. As for now. its highest price ever touched US$276.26 per coin. Imagine if you could go back in time, surely you would consider buying out this coin, wouldn't you?

BNB can be used to pay trading fees on Binance Exchange or can be used for payments to certain vendors.

4. XRP from Ripple

aa12719da54184e6a10f5a7d4562694b24300da9285a1cb8148c765e5e1c5555.jpgRippleNet was developed by Ripple with the aim of creating the same network of payment services as the Bank's system and other financial services businesses. XRP itself is a representation of the Ripple network created. XRP is different from Bitcoin or Ethereum, as XRP does not use Blockchain-based systems used by BTC and ETH. Interesting isn't it?

The initial price when XRP was first officially traded on the market was around US$0.0057 on August 5, 2013 (Source https://coinmarketcap.com). The highest price of this coin ever reached the price of US$ 3.81 recorded on January 4, 2018. As for now, the price ranges from US$ 0.468 per coin. Certainly a very cheap price for a long-term investment.

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Syachrodi
Syachrodi

I'm a trader and content writer.


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