Sold Ethereum And Bagged BNB

By esmartunlimited | Sam Atilola | 10 Feb 2021


So yesterday, I took a financial risk.

Sold 90% of my Ethereum (ETH) hodling and invested into Binance coin (BNB).

Now, in the last couple of hours, Binance Smart Chain (BSC) has topped Ethereum (ETH) on daily transactions stat.

BNB price soared to $130 and confidently taking 7th place on coinmarketcap.com rating with $20.7B

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Why is Binance Smart Chain (BSC) important now? 

While other blockchains charge huge transactions fees, quoting CZ, he said, Binance Smart Chain (BSC) validates the logic that low fees attracts more users and projects.

For instance; I have $89 stake to be unstacked on Ethereum blockchain and I was charged $178 transaction fee. Unlike in Binance Smart Chain (BSC) where you can move $500 with far less transaction fee. 

Which blockchain would you have opted for?

Diversity and decentralization gives you confidence in a system. 

I won't be surprised to see Binance Coin (BNB) rise to $1000 by middle of the year.

 

Register on Binance: https://www.binance.com/en/register?ref=22039636

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Disclaimer: I am not a financial advisor. This article reflects my opinion only. It is not to be considered financial advice. Kindly do your research before investing your money. 

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esmartunlimited
esmartunlimited

A crypto enthusiast


Sam Atilola
Sam Atilola

I'm a crypto enthusiast, freelance writer, speaker, promoter, and social media commentator.

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