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The best cryptocurrencies to buy for your retirement

For a long time, cryptocurrencies were not necessarily seen as an ideal asset class for retirement investing. Most folks wanted solid Blue-chip stocks or commodities like gold to safeguard their future. But this has changed drastically in the past few years as crypto continues to become a more mainstream asset. Here is why crypto assets make sense for retirement:

  • Although the crypto sector is a relatively new industry, it has seen widespread adoption and growth in the last decade.

  • Also, crypto-assets over the past ten years have outperformed traditional retirement assets by a huge margin.

  • The crypto industry is now too big to fail and can be relied on to deliver returns in the long term.

A lot of people would obviously choose Bitcoin (BTC) as the ultimate retirement asset. But we feel bitcoin has already fulfilled much of its potential. The following two coins are not yet there and could be huge in the coming decade:

Solana (SOL)

Solana (SOL) is a smart contract blockchain designed to provide an innovative ecosystem for the development of DApps. Solana (SOL) is seen as the closest rival to Ethereum and has seen massive growth, especially in 2021.

Data Source: Tradingview.com 

But there is so much more to come from Solana. At the time of writing, Solana (SOL) was trading at about $174. However, some analysts expect this coin to hit nearly $3000 by 2030. It’s, therefore, a good choice for long-term retirement investment portfolios.

Binance USD (BUSD)

The biggest worry for most crypto investors is volatility. This is why the idea of adding a stablecoin into your asset pool is always ideal. Binance USD (BUSD) gives you that chance. 

Besides, BUSD is highly regulated and can be used to guard against inflationary pressures in the US dollar. Also, BUSD always trades at a rate of 1:1 with the US dollar, meaning a single BUSD is equal to USD 1.

The post The best cryptocurrencies to buy for your retirement appeared first on Coin Journal.

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The best ERC 20 tokens to buy right now

After launching in 2015, the Ethereum Chain has been one of the most important driving forces in crypto. The platform has seen the growth of innovative DApps and DeFi projects. However, its ERC 20 tokens are quite incredible. This is basically a quality or technical standard that all Ethereum based tokens must meet. Check out some highlights below:

  • ERC 20 tokens are governed by a set of fixed rules that determine how they can be transferred, validated, and stored.

  • All ERC 20 tokens are built and powered by the Ethereum blockchain but can be swapped across multiple chains.

  • A huge percentage of crypto tokens that have launched over the past few years are largely ERC 20 tokens.

For investors looking for the best and perhaps the most popular ERC 20 tokens, here are two names that you probably didn’t know are based on this standard.

Shiba Inu (SHIB)

Shiba Inu (SHIB) has been the token of 2021, no doubt. The meme coin, which was launched as the ultimate Dogecoin (DOGE) killer, has exploded in value, ranking at one point among the top 10 crypto assets by market cap. 

Data Source: Tradingview.com 

Although SHIB is still a speculative asset that has very little intrinsic value, it has made people millionaires in the past year. This is also an ERC 20 token, and at the time of writing, SHIB was selling for $0.00003394. The coin also has a market cap of $18.6 billion.

Chainlink (LINK)

Unlike Shiba Inu, Chainlink (LINK) is actually a superb investment with very decent underlying fundamentals. It is basically a smart contract blockchain layer that allows universally interconnected contracts. 

LINK, its native token, is an ERC 20 coin and is ranked among the top 20 coins in terms of market cap. At the time of writing, LINK was selling for $22.51 with a market cap of around $10.5 billion.

The post The best ERC 20 tokens to buy right now appeared first on Coin Journal.

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The best crypto tokens to buy on the Binance Smart Chain (BSC)

The Binance Smart Chain (BSC) is a smart contract platform designed to provide developers with the ecosystem they need to create Decentralised Apps or DApps. BSC has seen immense growth over the past year and continues to attract a series of interesting projects as well. Here are some of its highlights:

  • The Binance Smart Chain hopes to use low gas fees and speed to rival Ethereum, the largest smart contract platform in the world.

  • The chain is built to compliment the Binance Chain (BC) with excellent trade volume and outstanding liquidity.

  • So far, the BSC has been attracting developers with new and innovative blockchain projects that offer a lot of promise.

In case you are thinking of investing in tokens built purely on the Binance Smart chain, then the two options below should be perfect:

PancakeSwap (CAKE)

PancakeSwap (CAKE) is a DeFi automated market maker protocol that allows crypto investors to exchange a wide range of assets instantly. The platform also gives you the chance to earn returns by providing liquidity and farming yields. After its launch in 2020 on the BSC, PancakeSwap has literally exploded. 

Data Source: Tradingview.com 

The platform offers excellent speeds, secure transactions, and low gas fees in line with BSC’s mission. At the time of reporting, CAKE, the native governance token, was selling for $12.33. CAKE also has a market cap of about $3.1 billion, ranking among the top 55 crypto assets by market cap.

Venus (XVS)

Venus (XVS) is a synthetic stablecoin that also doubles up as an algorithmic money market protocol. Built on BSC, the platform allows users to borrow and lend crypto assets at low fees. 

The platform also gives you a chance to mint VAI stable coins. At press time, the Venus native governance token XVS was selling at $15.74. The token also had a market cap of around $186 million.

The post The best crypto tokens to buy on the Binance Smart Chain (BSC) appeared first on Coin Journal.

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2 of the best relatively unknown instant crypto swap exchange tokens to buy

Instant crypto swap exchanges have become quite popular in recent years. After all, crypto investors have always been looking for exchange platforms that offer low fees, low slippage, and instant swaps between a huge variety of crypto assets. Here is why these exchanges are growing very fast:

  • Crypto swap exchanges are fully decentralised and as such, they are non-custodial and permissionless, giving you extra security.

  • As decentralised exchanges address liquidity challenges in the future, instant swap exchanges will benefit the most.

  • The exchanges offer a secure more private way to exchange crypto from peer-to-peer, something most investors prefer.

Uniswap (UNI) is by far one of the most popular crypto swap exchanges. But the following 2, which happen to be relatively unknown, are very good investments right now.

BakerySwap (BAKE)

BakerySwap (BAKE) is a De-Fi platform that provides crypto swaps. Like Uniswap (UNI), BakerySwap uses an automated market maker protocol to enhance liquidity and keep fees low. The project is built on the Binance Smart Chain and strives to offer an all-in-one De-Fi ecosystem for its clients. 

Data Source: Tradingview.com 

At the time of reporting, BAKE, its native platform token, was selling for $1.15. The token also has a market cap of around $220 million. This means that the potential to grow even further is there, especially when you consider that BakerySwap (BAKE) was launched in 2020.

LuaSwap (LUA)

LuaSwap (LUA) is a multichain automated market maker protocol that allows for instant crypto swaps within its DeFi ecosystem. The platform has also developed innovative features to bridge liquidity across various chains, giving users more flexibility and convivence when they trade. 

Its native governance token is called LUA, and at the time of writing, it was selling at $0.06285 with a market cap of around $8.5 million. LUA is also not yet available in many major exchanges. Future growth potential is therefore quite good.

The post 2 of the best relatively unknown instant crypto swap exchange tokens to buy appeared first on Coin Journal.