Home Crypto Low-Risk & Low-Cost Dive in The World of Crypto

Low-Risk & Low-Cost Dive in The World of Crypto

5 min read

In the crypto world, it’s all about trade-offs. High risk=high reward. Low risk=Low reward.

Low-risk cryptocurrency investments are tough to find. And despite the market settling down a little bit these past two years, cryptocurrencies remain a high-risk investment.

If you choose to take a chance on high market-cap cryptocurrencies with a proven track record, you are on the safer side.

Some of the safest ways to enter Crypto:

Low-Risk Crypto Investments

  1. Cardano (ADA)
  2. Monero (XMR)
  3. Binance Coin (BNB)
  4. Ethereum (ETH)
  5. Bitcoin (BTC)

The crypto world is a treacherous sea, yet legions of investors are attracted to it. Why? Because of its massive gains! But some of you are smart. You want to manage your risk. So let’s explore some low-risk cryptocurrency investments.

One of the safest crypto investment types is BNB, and today’s article will further discuss one type of Crypto on the BNB platform for new people joining the world of Crypto; before that, let’s talk a bit more about BNB in detail.

BNB, which means “Build and Build” (formerly called Binance Coin), is the blockchain gas permit that “fuels” transactions on BNB Chain.

BNB Chain is formed of:

● BNB Beacon Chain (previously Binance Chain) – BNB Chain Governance (for example, Staking, voting). 

● BNB Smart Chain (BSC) (Previously Binance Smart Chain) – EVM compatible, consensus layers, and with hubs to multi-chains.

BNB Chain will clasp large-scale applications, including GameFi, SocialFi, and the Metaverse. With this name, the shift comes more advancements to aid users, projects, and developers connected to the BNB Chain community. In particular:

● Scaling from one chain to multi-chain

● Boosting the throughput of BSC

● Introducing an on-chain governance mechanism

● Improving scaling solutions and an increase of the validator set of BSC from 21 to 41 (with 20 validators serving as candidate block producers)

CatCoin is a meme coin project on Binance Smart Chain (BSC). The original contract was launched on November 26th, 2021. The agreement was improved on April 22nd, 2022, and v2 was initiated. The ownership is renounced – meaning the contract has also been professionally audited by multiple notable auditing firms.

Catcoin has 9 months since creation, but Catcoin is all about volunteers. The core team comprises all unpaid volunteers who share a parallel vision for the success of CatCoin. Some core members are high-profile project leaders, senior business executives, talented speakers, animators, graphic designers, and blockchain tech & security. Their experience ranges throughout several fields, especially cryptocurrency.

Catcoin is a community project designed to be a safe space for everyone, focusing on supporting people new to blockchain technology and crypto assets. The team of Catcoin is open and maintains regular AMAs on Twitter and Telegram to ensure that all community members have a platform to be heard.

The project is also keen to give back to the world; as such, we became the founding sponsor of the Cats for Vets charity and will continue supporting Cat-based charities as the project grows.

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