Investing in These Coins is Like Buying BNB Under $20



Member-only story

Investing in These Coins is Like Buying BNB Under $20

Turning $5K into $125K with crypto exchange tokens.





Crypto Big Stories

·

Follow

Published in

InsiderFinance Wire

5 min read

·

Mar 18, 2024

Listen

Share

More



(Designed by author)

Just like Bitcoin is the most popular cryptocurrency, the Binance coin (BNB) is the leading cryptocurrency exchange token currently trading above $550 with a market cap of over $85 billion.

What if I told you I have found two other cryptocurrency exchange tokens that could bring significant gains if you invest in them in this bull run? Would you take me seriously? Please note that this is not financial advice!

Amazingly, investing in crypto exchange tokens during this bull cycle can be a smart decision, especially if you believe in the long-term goal of the trading platform.

For example, the Binance coin (BNB) moved from less than $20 to over $600 during the 2020–2021 market cycle.

So, if you had invested $5,000 in BNB in 2020 and sold at an average of $500, you would have made over $125,000 by the end of the 2021 bull market. That’s a cool 25x return on investment.

Also, if you believed in the long-term vision of Binance and decided to add BNB to your legacy crypto portfolio in 2021, you could have made even more profits by staking the coins on the Binance exchange to earn rewards.

Read this story from Crypto Big Stories — and all the best stories on Medium.

The author made this story available to Medium members only. Upgrade to instantly unlock this story plus other member-only benefits.

Access all member-only stories on Medium

Dive deeper into the topics that matter to you

Get in-depth articles answering thousands of questions

Achieve your personal and professional goals