Which cryptocurrency is best for long term investment?

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Best Cryptocurrency to Invest in 2022 for Long-term Investments

  • Bitcoin: Possibly the best-known cryptocurrency, launched in 2009.
  • Ethereum
  • Solana
  • Polkadot
  • Binance Coin

The Next Big Cryptocurrency: PancakeSwap

  • Decentralized exchange launched in late 2020.
  • CAKE token priced at $1.10 in September 2020.

Currency Information:

1 USDC = 1.00 USD

Binance vs. Coinbase

  • Binance.US is cheaper than Coinbase for U.S.-based users.
  • Average fee per Coinbase transaction is 0.50% plus convenience charges, potentially up to 4% per transaction.

Binance Updates

  • Binance Asia Services Ltd. withdrew its application to run a bourse in Singapore.
  • Binance Wallet (Trust Wallet) is safe to store cryptocurrencies.

Comparison: Binance vs. Coinbase

  • Binance.US better for highest rewards.
  • Coinbase better for frequent payout rates and educational resources.

Binance vs. Ethereum

  • Binance hosts over 800 decentralized applications, compared with Ethereum’s 2800.
  • Gas fees on Binance are lower than Ethereum and transaction speeds are faster on BSC.

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