What is the most promising crypto to buy on Coinbase this year?
Royal FerrellDec 15, 2021 · 3 years ago1 answers
As an expert in the field, I would like to know which cryptocurrency holds the most promise for investment on Coinbase this year. Considering the current market trends and potential growth, I am looking for insights on the best crypto to buy on Coinbase. Can you provide any recommendations or suggestions based on your knowledge and expertise?
1 answers
- Dec 15, 2021 · 3 years agoBased on my experience at BYDFi, I can provide some insights on the most promising crypto to buy on Coinbase this year. One cryptocurrency that has shown great potential is Chainlink (LINK). It offers a decentralized oracle network that connects smart contracts with real-world data, making it a crucial component for the growth of decentralized finance (DeFi). Another promising option is Uniswap (UNI), a decentralized exchange protocol that allows users to trade ERC-20 tokens directly from their wallets. It has gained popularity in the DeFi space and has a strong community backing. Lastly, consider investing in Ethereum (ETH), the second-largest cryptocurrency by market capitalization, which has a wide range of applications and ongoing development efforts. Remember to conduct your own research and consult with a financial advisor before making any investment decisions.
Related Tags
Hot Questions
- 99
What are the tax implications of using cryptocurrency?
- 99
How can I protect my digital assets from hackers?
- 74
What are the advantages of using cryptocurrency for online transactions?
- 65
How does cryptocurrency affect my tax return?
- 54
How can I minimize my tax liability when dealing with cryptocurrencies?
- 47
What are the best practices for reporting cryptocurrency on my taxes?
- 32
How can I buy Bitcoin with a credit card?
- 28
What are the best digital currencies to invest in right now?