This is my favourite crypto by @kenneth00
Hello everyone today i will be completing a task which was given by @fendit and it is about which crypto is my favourite crypto, if you want to also partake in the contest you check it out here
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My favourite crypto at this moment is BNB of the binance blockchain, why? Well because of the blockchain which is called BSC (binance smart chain) and i will tell you the reasons below
BNB is a token used to power up the binance ecosystem, it is a utility token meaning not only can you buy and sell it but you can also use it in and application that is created in the binance smart chain.
Now this is why i love the Binance smart chain, first of all i think if not of the centralized nature of BSC it would have been bigger than the Eth blockchain anyway i love BNB and BSC because of the very low gas fee in the network, it is so incredible that sometimes they charge you no fees especially when it is within their ecosystem, the gas fee is just too cheap and sensible compare to eth gas fee that is just madness, the eth gas fee is so bad that if you are not lucky you spend more money on fees than what you are actually buying, i recently bought an NFT in gala games which is suppose to cost me $120 but because of the eth fees i spent $200 just to buy that nft but if that nft was in the BSC i would have not spend more that $122 that day.
The BNB price is appreciating every day, it is at $500+ as of the time of writing this post and no matter the amount of BNB you have you can transfer it to any one using the BSC network and it will cost you 0 fees, this is just a blessing because if not the BSC network i would have hate crypto in general so much because of the ethereum gas fees that is just a pain.
