🔥 Why BSC is the best place to build right now?

Hello!

Things in crypto move fast, and you have to adapt quickly if you want to get those opportunities. In 2018-2019 when the bear market hit hard there weren't many "opportunities" out there. Now, we are in the bull territory again and there are a lot of opportunities all over the cryptospace. You have to be smart enough to pick the best ones, and the Leofinance team did the best decision possible with BSC.

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I will tell you why in the following lines with some stats. Of course, none of this is financial advise. Do your own research.

1 - Daily transactions are raising exponentially

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Source

For your reference, Ethereum is doing less than a half of what BSC is doing. 1,250 k and rising.

See below:
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2 - Unique addresses are raising exponentially

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Source

In the last month there were 47,000,000 new addresses created on BSC. On the other part, there were 4,000,000 new addresses created on Ethereum.

You have to be where the attention is going, and BSC is the hottest place to be right now. It has a lot of potential while it lacks decentralization, but the amount of attention we could get from their passionate community is worth it.

CUB-BUSD or CUB-BNB?

It depends on your risk aversion, in my case I'm fully aware of the risks but I decided to move my LP position to CUB-BNB as I think it's preparing for another ride above 300$. If this happens I will be buying more CUB with my BNB and I am really happy with that.

I still believe there is room to grow for the price of BNB, and I am happily hodling some.

Enjoy! 😊


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19 comments
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Great place to be ! I just hope we get some sort of decentralization later on because this amount of centralization keeps bugging me...

And tbh, if ETH 2.0 comes out with fees as low, BSC will be done in a second.

So let’s hope CZ and Binance are working on giving us the power back !

Cheers 🥂 mate

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They have plans to decentralize BSC but I'm not sure if they will ever be applied.
I'm also excited for ETH 2.0, I am also holding my bag of ETH :D

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Have you heard of the TurtleDex exist scam? How's your experience with CUB so far?

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I'm aware that there are exit scams or rug pulls daily.
You have to invest just the money that you can afford to lose. With the CUB project I'm really happy, holding strong my bag, I don't care if it dumps on monday, I believe in the long term roadmap.

I will take a look at the post you shared, thanks!

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Despite it being too centralised in nature, I believe BSC has the potential to overtake ETH blockchain in the near future. It's not surprising to see more developers moving towards BSC, this has motivated me to accumulate more of such tokens on my truly non-custodial wallet application from https://atomicwallet.io/.

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I don't know if BNB will ever flip Ethereum, but I am pretty sure that if it keeps gaining users it will benefit all of those who build in it.

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No excessive fee. BSC is better for me because I can participate in different projects. I'm learning more about ERC20 and BEP20. I can't change my mind about this (for now).

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I'm not holding my breath for Ethereum 2.0. I think it's going to take a lot longer than people realize. I will say though that Ethereum's price is holding up rather well despite its high fees.

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very great information here. i just came online after leaving for three months and i think i should start my own research. in all this is a great post

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I don't like this development and I'm really hoping BSC will die when Eth2.0 is out. As BSC is pertty centralized the Blockchain is only an inefficient way to do things, Binance could also just offer services based on traditional databases - except nobody would be interested because there are no buzzwords.

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hi friend , thanks for your information.

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