Although digital finance has been making many investors rich, it is important to pick the right investment to see returns. Here is how.
Picking The Right Features Is Key
Privacy, affordable, and attractive returns; these are just some of the leading factors that have contributed to the rally of cryptocurrencies across the world.
These cryptocurrencies have been instrumental in creating a level-playing field for investors where anyone could park their funds and earn returns.
CashFi (CFI), Litecoin (LTC), and FTX (FTT) are some great cryptos to buy during this dip season. You can purchase these cryptocurrency tokens through the dollar-cost averaging method and potentially generate huge returns in the future. Here’s a look at some of their key features.
Three Tokens To Upgrade Your Wallet
CashFi: Cost-effective and scalable solutions for staking
CashFi is a state-of-the-art decentralised network that aims to use a unique fee-sharing approach to offer its investors an opportunity to park their money across asset classes.
The distributed ledger platform is working on fostering collaborations between networks, and direct access through easy trading of digital assets like synthetics, liquid staking, and non-fungible tokens (NFTs).
With a focus on leveraging blockchain to disrupt the cryptocurrency scene, CashFi is looking to offer its users fast-paced, low cost and scalable solutions. It also has a native ERC20 token, CFI, which can be used for staking on the platform.
At the heart of the cryptocurrency network’s growth strategy is an aim to create a sustainable and diverse ecosystem that revolves around service quality continuance.
The CashFi team describes the platform’s interoperability as the cornerstone of its development. Its trading protocol will enable investors to unlock liquidity and get higher yields by staking the CFI Token.
In addition, it is working on an inter-chained marketplace that will allow users to mint NFTs through multiple chains seamlessly and in a cost-effective manner.
These transactions would be done via the CFI Token. With its cutting-edge staking infrastructure, the CashFi platform is striving to develop secure digital networks for cryptocurrencies.
Given that investors would be dealing with a liquid staking platform, staking with the CFI Token will help Proof of Stake (PoS) tokens thrive. With CFI, users would be able to access liquid staking on PoS platforms as the token would provide 1:1 equivalent representation that is pegged to ERC-20 tokens. They can also instead stake with Ethereum DeFi and boost the returns on their investments.
If you are looking to get more information about CashFi or the CFI Token, you can click on the links given at the end of the article.
Alternatively, you can also follow CashFi’s official social media handles for regular updates about prices and upgrades. It will soon be available on presale where you can buy it at attractive prices.
FTX: Built for traders, by traders
FTX defines itself as a cryptocurrency exchange that’s “built by traders and for traders”.
The work done to mitigate the problems traders face while trading cryptocurrencies is evident in the platform’s user interface that’s both user-friendly and scalable.
The platform sports the right balance that makes it useful both for experienced and rookie traders.
FTX’s USP could easily be the range of products that it has on offer. Right from extreme volatility coins to options and leveraged tokens to industry-first derivatives.
The FTX exchange is the brainchild of Sam Bankman-Fried and Gary Wong and was launched in 2019. For staking on the platform, users would have to stake the native token FTT.
To ensure that the tokens are scarce, FTX purchases the FTT Token on its FTT/USD market. The purchased tokens are burned regularly.
Litecoin: Quick, low-cost cross-border payments
Launched in 2011, Litecoin is a decentralised cryptocurrency platform that shot to fame due to its relaxed stance on restrictions on access to its services.
Free from censorship, the platform enables its users to make cross-border payments in a cost-effective and secure manner at their convenience. It is among the largest scrypt-based blockchain networks in the world and operates with 100% uptime.
Another factor that has been steadily contributing to Litecoin’s rise is the team’s focus on technology.
With features like Atomic Swaps for trading across blockchain systems and Lightning that paves the way for instant settlement of funds have helped it steer ahead of the competition.
Its native token is LTC and it is still a great choice for accumulation during this dip season.
The three cryptocurrencies mentioned above have been attracting a lot of investors due to their diverse use cases and agile platforms. From sustainability to security to scalability, they all pitch a varying set of advantages that could potentially help investors in generating huge returns in the long term.
While Litecoin and FTX have been around the corner for quite some time, CashFi has been garnering attention ahead of its launch for its diverse set of features.
Join CashFi’s Presale:
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