FINDING THE NEXT CRYTO GEM.
The idea of decentralization and not having a central body capable of manipulating situations against you is one the world is transiting into. All this is made possible by the blockchain and cryptocurrency. Now we’ve all probably heard about bitcoin, but for clarity sake, bitcoin is the world’s first digital token built on a decentralized blockchain (it operates free of any central control or the oversight of banks or governments). After the introduction of bitcoin there have been thousands of other cryptocurrencies, some still widely adopted and used daily and others abandoned by its developers.
Some blockchains and cryptocurrencies(but not all) were created to solve real world problems, as a beginner ventures into crypto, finding the right and affordable project can be a real headache at first as most of the very popular digital currencies out there are already high up on the price chain, some may be misguided or tricked into buying very cheap coins with no solid backing or use case with the promise of getting a 100x on their investments. Does this always play out? Only 1 of 50 newbies are that fortunate. As the number of worthless tokens continue to grow daily and unregulated due to its decentralized nature, it is also worth noting that all of these popular projects started out cheap and not as popular as the currently are, but as a result of a viable use case and proper implementation,they succeeded. How do one find this next big asset? Not to worry, I’ll be getting to that very soon.
Since cryptocurrency relies on peer to peer software and cryptography, a public ledger records all transactions on a blockchain and copies are held on servers all around the world ensuring transparency. For the common man to successfully transact on the blockchain however, they need to go through an exchange service which aids and enables seamless and easy transactions between users and different cryptocurrencies.
Finding the right exchange
Working with a reputable and reliable crypto exchange is key to succeeding in the crypto space. What defines a good exchange?
a) low fees- this is important as you won’t want to give a huge chunk of your profits away in trading fees to an exchange.
b)wide variety of assets to pick from- everyone wants more options, a wide range of assets to pick from gives you more trade and investment options, this is very important overall to making the right choice.
c)credibility- this is probably the most important thing to consider when picking an exchange,its credibility score, the security module and infrastructures put in place to protect users and their funds, also the security of users personal information is necessary. no one wants to be worried about the safety of their funds, personal information and investment.
with all these in mind, picking KuCoin as the best option is inevitable and for a lot more reasons. —
KuCoin is the world’s number 1 exchange for altcoin, offering a vast variety of assets to pick from; over 600+ top performance assets
Popularly referred to as the peoples exchange, Kucoin ranks in the top 5 best global crypto exchange, offering services to all classes of investors, Kucoin currently holds the title for best Exchange for crypto enthusiasts. if you’re an enthusiast, this is one train you’ll want to hop on. what’s more?
ultra low fees
high liquidity and averaging over $7bn in daily volume
easy, secure and straightforward ways to purchase crypto including but not limited to; sepa, credit/debit card, paypal, local bank transfer, visa/mastercard and over 26+ more options. But that’s not all, KuCOIN offers its users multiple means of making passive income on their idle assets through staking and lending. Boosting one of the best trading bot services available on an Exchange, users can earn more passive income running a trading bot on kucoin at no extra cost.
Now we have an exchange that values the security of our fund and personal information, and offers us a vast majority of valuable assets to pick from with low trading fees. How do I go about finding the next crypto gem with potentials to 10x or 100x my portfolio with KuCoin? The power of proper research is vastly underestimated, people fail to extensively research on a project, mainly due to lack of time or inability to discern the valid from invalid after a research as a result of conflicting results from the internet. This makes finding that next crypto gem quite a tedious task. At this point, I should point you towards a one stop shop for the next potential crypto gem; KuCoin spotlight and burning drop listings.
Spotlight on KuCoin is an event whereby the platform users are given access to purchase new tokens at a pre-sale price before the asset is available for trading. All assets purchased via this means always end up doing a 10x or more on pre-sale price after launch as the projects are carefully scrutinized and picked by industry experts. Here is a track record showing the performance of past spotlight listings on KuCoin.
Burning drop events are quite similar, except in this case you are at liberty to invest whatever amount you are comfortable with investing within the minimum and maximum purchase limits. you can also see the performance of the most recent burning drop listing $BULL HERE
Now spotting the next crypto gem is never an easy task, but on KuCoin, you have a chance to make above average profits on potential gems. With high ROI and APYs you can also earn passive income on your idle assets investing with KuCoin. Participating in spotlight and burning drop events are a sure fire way to get you on a multiplier for investment. if you have no KuCoin account, you can sign up here. Let’s roll.