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RE: Ask Steemit: What Is Your Favorite Cryptocurrency Other Than STEEM And Why?
For me i think binance coin (BNB) is a pretty good coin for a couple of reasons:
*First because binance is the biggest crypto-exchanger in the world and approved by many nations *Second because it's a Deflationary Currency, in fact there is a regular burning of BNB, so theoretically the price will always go higher in the future.
You can watch BnB burnings on youtube, i think all crypto are useless except for few worthy coins, BNB is a good long term investement considering the fact that nothing will ever happen to Binance like the tragic accident that happened to Mt. Gox few years ago.
The price will only be as high as people are willing to pay for it.
Never say never.
I haven't really used Binance that much as an exchange. I will think about trying them out. Thanks for the info.
How true ...!