2021-6-16 15:21 |
If you are a crypto investor, or just an intrigued observer of the crypto market, you will likely have noticed the swathe of altcoin projects that have come into the space in recent years. However, not all of them deliver tokenholder value, and many are fundamentally flawed to begin with.
So, what do we make of the latest hot altcoin, 60CENT? In this article we delve into what it is, its long-term investment prospects, and we also list the two best places to buy 60CENT crypto in the UK and elsewhere.
How and where to buy 60CENT crypto onlineThe best place to buy 60CENT tokens, or any other cryptocurrency, is an online crypto broker. While many crypto investors use decentralised exchanges (DEXs), we feel brokers offer a low-fee, simple way to buy and sell cryptocurrencies, regardless of your prior investing experience.
So, here are our top two picks:
eToroeToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Register with eToro instantly
SkillingSkilling is a regulated Forex and CFD broker that allows traders to access 800+ financial instruments, including 10 popular cryptocurrency CFDs with competitive pricing and fast execution time. Skilling offers a selection of trading platforms, including the proprietary Skilling Trader and popular, industry renown cTrader and MetaTrader 4 platforms, which can suit the needs of customers with different levels of trading experience.
Register with Skilling instantly
What is 60CENT coin?You may have checked out the 60CENT website, and if you have, the company’s about section – while bold and interesting – is somewhat unclear. So, let’s demystify the whole value proposition for you.
60CENT is a community-driven token that runs on the Binance Smart Chain. It has a substantial circulating supply, a self-building liquidity pool and estimated interim goals. As for the tokenomics:
2,000,000,000,000,000 total supply, of which40% is allocated to the community50% is allocated to the burn wallet3% is allocated to platform marketing3% is allocated to private sale4% is allocated to the development team behind the projectThere is a 10% tax on each transaction using 60CENT, of which:
5% rewards token holders including the burn wallet3% goes to the liquidity pool2% will be used for marketing purposesThis is a healthy crypto ecosystem and the community of ‘gangsters’ looks set to continue its growth.
Should I buy 60CENT coin?If you want to invest in a cryptocurrency project at an early stage with plenty of growth potential, 60CENT could be an interesting choice. Its true fundamental value remains to be seen, and we are unsure how successful it can be in the long term, but we are big fans of the brand-building and health tokenomic structure at play here.
However, investing in an early-stage altcoin always carriers serious risks, and this is especially true because the founders of 60CENT have not yet been doxxed. Just make sure you don’t invest money you can’t afford to lose and have conducted your own thorough due diligence before getting involved.
60CENT price prediction60 cents. No, we’re just joking.
In reality, it is extremely difficult to generate a price prediction for an early-stage altcoin project because there are so many unknowns, variables, and the technology itself is often commercially questionable. However, we can say that we feel 60CENT could generate substantial returns for some tokenholders.
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Useful links:
TG: https://t.co/tGIwgYp1zh
Website: https://t.co/SdPIgbQoL0#BSC #BNB #BSCGems
For more on 60CENT protocol and other trending cryptocurrencies, make sure you check out our crypto news page.
The post 60CENT PROTOCOL: how to buy the ‘hood-driven’ cryptocurrency appeared first on Invezz.
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