If you have been following the crypto market for some time, you would know that the best returns come over the long term. However, in an overcrowded marketplace, it can be difficult to make a smart choice. Here we have compiled some of the best BSC tokens that you may consider a profitable investment in 2022.
Recently launched in August 2022, Gnox is a revolutionary DeFi platform that generates risk-free passive income for users by investing its own treasury funds. Based on governance voting results, a collective decision is taken by DeFi experts to allocate the funds in various DeFi protocols. As much as 40% of the profits generated from these investments are redistributed to GNOX token holders. Furthermore, a 1% fee on each trade is credited to every wallet every 60 minutes. The longer one holds their portfolio, the more one receives as a reward. This makes Gnox immune to market conditions, as the potential for extra income encourages investors to hold the tokens for a long time.
Pancakeswap is one of the largest decentralized applications with a massive user base and an extremely high daily trading volume. Built on top of the Binance Smart Chain, Pancakeswap rose to fame with a significantly cheaper transaction fee compared to Ethereum-based platforms. The strong growth potential of its native asset, CAKE stems from the fact that it is faster and more liquid than other tokens. It provides excellent passive income potential with high staking yields, which got even better with a recent change in tokenomics. As new users enter the space and explore DeFi, Pancakeswap would surely be one of the first platforms they rely on. In a highly speculative market like this, it could be a great investment for big gains.
The Binance Smart chain has given birth to some groundbreaking applications that have taken the crypto world by storm. Biswap is one of them that was developed to allow users to swap cryptocurrencies built on the BNB chain. Beyond trading, users can engage in yield farming, launch pools, and liquidity mining. The native token of the platform, BSW is used for a wide range of use cases within the DEX. It also has its own NFT marketplace with the lowest ever fees on the chain. One can participate in multiple farming opportunities to get double rewards as passive income.
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.