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From my experience hotbit is a very good platform to trade your cryptocurrency but that doesn't mean that there are no scam tokens on the platform. It's always a good idea never to leave substantial amount of cryptocurrency on any exchange platform due to the fact that the exchange could be compromised.
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Ethereum fee has been high for a long time now and there's really nothing you can do about it. The best option is to use other options like the binance smart chain and tron especially if you want to move your USDT. BSC and trc20 offers a far cheaper option as compared to ERC20. We only do hope that ethereum developers would find a way to reduce the cost of transaction in the network.
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There's no doubt that we could have bnb trading above a thousand dollar in the near future, in fact if the bull run continues till next month we could have bnb surpass the $1,000 before the end of the year. The binance project has grown substantially, most especially with the introduction of the binance smart chain which is much more economical than the ethereum blockchain.
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With the increase in projects that supports staking and decentralized exchanges that allows users to provide liquidity, there are several ways by which one could make passive income in the industry. Providing liquidity could be very lucrative for whales but for low coin holders staking of coin could be a good source of passive income.
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I personally don't see meme coins are important projects because most of them lacks real life use case. The reason we see them increasing significantly is majorly because of the hypes surrounding their existence and several people are only interested in making money out of the hype. We've had several projects in the past who were ruled by hypes but they didn't stand the test of time.
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I've personally decided to hold on to my Cryptos, irrespective of the market volatility. I agree that this period is a very important and impactful to the general view of the market, but I'll still stand on my decision to hold on. I'm of the opinion that we'll have more bullish trend after this present corrections. The bull run that is coming would see bitcoin and ethereum to a higher ATH.
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Before now, we've had several scenarios and circumstances where people invest money in cryptocurrency and made substantial losses due to the volatility of the market and their inability to make the right choice of coin to hold. The truth is that the space is ruled by greed and people move closer to the projects that promises high returns only to loose out eventually.
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