DanielBroonze (OP)
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June 08, 2021, 05:10:00 AM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
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manggis97
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Activity: 476
Merit: 10
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June 08, 2021, 05:28:39 AM |
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Alot of project has been used BSC, but also many of them have the same purpose. We should be take some project that really have working product and development by strong team. My pick for BSC project is Cake, Bake, Bondly, Shield and INJ.
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Bttzed03
Legendary
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https://bitcoincleanup.com/
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June 08, 2021, 06:57:07 AM |
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Take into consideration the history of each platform before buying their token. There were a lot of flash loan attacks recently and rug pulls prior to that. My personal favorite for farming/staking BSC tokens is ApeSwap. You should probably avoid BurgerSwap after repeated exploitation within days after the first flash loan.
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dhemasm
Full Member
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Moderator
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June 08, 2021, 07:14:26 AM |
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Well there only one Project on my Mind and that was Pancakeswap, Their Natice Currency CAKE is already giving ROI more than 10x from last december beside that it also have high APY return and i personally already got some sweet profit from staking CAKE, Beside that it's also offering other use case like Lottery, Collectibles (NFT), Prediction and many more to come, Not just as DeFi but Pancakeswap becoming an innovative dApps so far especially on the BSC. So i really recommend it take look at it, Good luck!
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HardCore12V
Member
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Activity: 223
Merit: 13
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June 08, 2021, 07:44:12 AM |
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Today the bsc network is very vulnerable to hacker attacks lately 7-8 projects have been robbed for a couple of tens of millions of dollars because before investing, you must take the possible risks of losing money.
Are you sure that the fault is on BSC itself or the those projects have bad team who don't know what they are doing? We have audit platforms that can even make projects security get stronger too and I don't see many new projects using them, I don't believe that BSC is at fault here
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MusaMohamed
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June 08, 2021, 08:02:39 AM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
You must answer a question that why people like Binance Smart Chain and projects one the chain? If the answer is simply because of cheaper transaction fees than in ERC_20 chain, it is no convincible. Fees will be high, expensive then cheap. In crypto, many altcoins have very very cheap transaction fees because price of coins are very very cheap. This basic cheap specification does not help them to have too much transactions per second Tx per second. Price is low as well. You must differentiate between good projects and bad projects. Chains, BSC, cheap transaction fees don't make good projects.
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koang
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June 08, 2021, 09:00:16 AM |
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Well there only one Project on my Mind and that was Pancakeswap, Their Natice Currency CAKE is already giving ROI more than 10x from last december beside that it also have high APY return and i personally already got some sweet profit from staking CAKE, Beside that it's also offering other use case like Lottery, Collectibles (NFT), Prediction and many more to come, Not just as DeFi but Pancakeswap becoming an innovative dApps so far especially on the BSC. So i really recommend it take look at it, Good luck!
Agree... Pancake is phenomenal And I like Pancake because there are so many events on the Pancakeswap and it is very beneficial for the BSC community. This platform and CAKE token will be a very good token at least until the launch of eth 2.0
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Review Master
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June 08, 2021, 01:15:18 PM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
First of all, BSC hype is going on and that's why many projects are doing well in this market. Not only this, binance is also supporting many projects for the growth of the BSC ecosystem. If OP wants to do yield farming, than it would be great to go for pancakeswap or bakeryswap as both are introducing many new pools for us. As always, DYOR before participating into any projects as defi is just on the early stage and many projects faced flash loan attack or smart contract exploited previously.
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koang
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June 09, 2021, 08:41:18 AM |
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As compared to ERC, BSC project with a different concept. Many altcoin had use of this Bsc project.Because the transaction fee is low as compared to Erc20.With this some coin with the value of 0.000001$ can only trade with the bsc.After Bsc came, many project with less value was get into market.This made a huge impact on the altcoin with very less price.
Yep. Lower fees are the main reason many new projects use BSC but unfortunately, there are a lot of accusations that the majority of the projects on BSC are plagiarized projects from Ethereum And Musical Beats is an example, they closed the project a few days after accusations of plagiarism were leveled by the Ethereum team.
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pinoycash
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June 09, 2021, 08:54:51 AM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
Its better to do your own research as no one can give an unbias response to your question. Since you are also looking to invest in BSC projects, So expect to receive spam offer from different developers peddling their scam token project.
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southerngentuk
Sr. Member
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Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
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June 09, 2021, 09:12:45 AM |
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All we know is that Binance smart chain projects are more trending these days, and then BNB will also grow very well. For me BNB is the best for the BSC chain , it doesn't take too long to learn new things, the core foundation things will always be more valuable and safe.
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blackened515
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June 09, 2021, 11:07:32 AM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
Many of these built in BSC projects uses the same strategy and idea of decentralized exchange, almost all of them will go shitty in the future and so it have to be careful when choosing this project, every time in the crypto space, something tends while few will survive and the rest will die off, you have to be research minded and check out the project with steady continuous development plan. PancakeSwap is the best example of the BSC that's worthy to invest in, cake is the king of Binance smart chain coins and projects with high community support, bake, these are all good and you should consider buying them.
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btc_angela
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June 09, 2021, 11:35:15 AM |
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As, all we know that Binance smart chain projects are more trending these days.
It's been trending for months, specially when investors have been complaining about Ethereum high gas fees. I am interested to invest in these BSC , which one is best for 2021?
Not really sure which one is the best, because it's hard to give financial advises. Also I'm not an expert, all I can advise is that you should DYOR because investing. Might be better if you do it yourself instead of asking for financial here in the community. Majority here learn it the hard way, so no offence, but we don't want to spoon feed you.
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bitcub
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June 09, 2021, 12:05:04 PM |
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I think NFT created under Binance Smart Chain will boom this 2021 to 2022. Ethereum algo is created for rich people. Where the gas fee is terrible.. Imagine you need to pay a gas fee of $90usd for a purchase of 4usd worth of ethereum.
In BSC its only a cent.
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SacriFries11
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June 09, 2021, 12:35:07 PM |
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I think NFT created under Binance Smart Chain will boom this 2021 to 2022. Ethereum algo is created for rich people. Where the gas fee is terrible.. Imagine you need to pay a gas fee of $90usd for a purchase of 4usd worth of ethereum.
In BSC its only a cent.
Sometimes Ethereum gas fee is more higher that the amount you'll send. There platform is the second best followed by BTC but like what you said the gas fee is very expensive. I wish ETH will soon solve the currently problem that they are facing unlike BSC gas fee is low which is the best platform to use to transfer funds to different extension wallet and exchange. I think Pancakeswap is the best project for 2020-2021, I agree most of the opinion of the others. It's provide quick and reliable exchange for its users. NFT projects is still in development we'll see their improvements maybe next year. I think it will be the next big thing in crypto space.
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BobK71
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June 09, 2021, 02:12:45 PM |
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In 2021, most of the swap Exchange tokens on the BSC Network came on the market. Some of the tokens have been Valuable and popular Like CAKE, BAKE, BANANA. and the good coin From other platforms is TKO, SFP
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mauriek
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June 09, 2021, 02:16:57 PM |
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I think pancake swap is better to use. Panceke is faster in terms of transactions. Pancakes are also good for farming and staking. Farming and staking on pancakes produce more optimal results with large APY payouts. Apart from that it also offers other use cases like Lottery, Collectibles (NFT), Predictions and many more to come, Not only as DeFi but Pancakeswap being the innovative dApps so far especially in BSC. So I highly recommend it to have a look, Good luck!
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CryptoG99
Jr. Member
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Activity: 100
Merit: 1
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June 09, 2021, 02:17:35 PM |
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I really like 2 projects at the moment. wBAN (wrapped BANANO) and FLURMOON. FLURMOON is a new Defi token that has some serious potential to give holders some real gains.
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john1010
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June 09, 2021, 02:36:10 PM |
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As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
I have few project that I'm holding on my wallet, Cake and Alice I'd like the concept of this 2 coin, Cake gives real passive income, while ALice also has a high potential because it is NFT and of course the game that they are offer are also brings me excitement.
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perryxi2
Copper Member
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Activity: 226
Merit: 1
RangersProtocol.com
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June 09, 2021, 02:43:59 PM |
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maybe you should participate in farming or staking projects on BSC platform because those projects have a safer rate than venture capital projects, currently I am investing in a mocktail project a project in progress the beginning phase, if you are interested learn about it.
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