For many people, the idea of retiring early is nothing more than a pipe dream. But with the right financial planning, it can become a reality. One way to achieve this is by investing in crypto. Due to its high returns, crypto investments have become increasingly popular in recent years.
In this post, we will look at three great crypto tokens that will help you secure your financial future. Nexo, Binance, and Orbeon Protocol are currently some of the best projects out there.
Nexo is a popular crypto lending platform that offers its users instant crypto-backed loans. With over 5 million active clients, it’s one of the biggest crypto lending platforms out there.
Naxo lets users acquire loans using crypto as collateral. That means that instead of mortgaging a house or a car, borrowers can just put up their crypto holdings. That is great for traders that have a lot of their wealth in crypto, which is not that uncommon these days. It’s also great for traders that want to live off their crypto wealth, without having to sell their crypto and pay taxes on realized gains!
Nexo offers great flexibility. You can get a loan for as little as $100 or as much as $100,000. The loan term can be for as short as one week or as long as one year.
Users have more options for earning with Nexo. They can hold the Nexo token, or put their crypto in a high-yield savings account. However, these accounts have recently gotten Nexo in trouble with regulators in several states. Legal trouble could impact losses, as well as the collapse of its rival Celsius. Nexo could suffer as this may undermine confidence in crypto lending as a whole.
Currently the largest crypto exchange in the world, Binance is a giant in the crypto space. Founded by Changpeng Zhao (CZ) and Yi He, the company has come to dominate the crypto trading industry.
BNB is the main currency for the Binance Smart Chain, a blockchain network powering a growing ecosystem of decentralized apps. While not as decentralized as Ethereum, BSC has low fees and a sizable number of projects.
BNB’s central position in the Binance ecosystem means that the token will do well when Binance does well. Recently, Binance has secured a major win, by acquiring its largest competitor, FTX. Still, many criticize Binance for being too centralized. That means that we may see more challengers down the line.
Orbeon Protocol (ORBN)
Orbeon Protocol is a blockchain platform that enables both crypto venture capitalists and the everyday investor to invest in web3s most promising early-stage startups.
By pooling their resources, investors can reduce their individual risk while providing much-needed capital to promising early-stage companies. As Orbeon Protocol is built on the blockchain, it offers a high degree of transparency, ensuring that all parties involved can see exactly where the money is going.
This level of transparency is essential for building trust within the community and attracting new investors. These features make it an ideal platform for those looking to get involved in the burgeoning world of crypto venture capital.
Orbeon Protocol is currently in phase 1 of its presale, and analysts expect it to shoot up 6000% in the coming days.
Find Out More About The Orbeon Protocol Presale