5 Reasons Why Investing in WISE Token is the Best Decision You Can Make Today?
TOPICS : Cryptocurrency
Aug 4 , 2020 11 min read 2742 Views 2 Likes 1 Comments
If you are, like thousands of people out there, looking for the easiest and best way to get started with cryptocurrencies, you’re in the right place. Until a couple of years back, you could’ve made good money by investing in (buying and holding) some cryptocurrencies. But, things are different now. Getting good returns from a cryptocurrency is more challenging now than ever. You can analyze and research a coin thoroughly and still fail to get the desired returns.So, does that mean crypto investments are no longer profitable? Absolutely not. Cryptocurrencies as well as other blockchain assets continue to remain highly beneficial, just the landscape has shifted a little. And now, you need to know about the different areas of the cryptocurrency market in order to identify and invest in the one/s that work.One area that I particularly recommend looking into is decentralized finance or DeFi, which refers to the development of financial assets, instruments, and applications on the blockchain. One of the benefits of DeFi is that it combines the trust of the traditional financial industry with the privacy and security of blockchain, thus removing the need for a middleman like the government or banks to execute financial transactions. Today, I am going to tell you about a DeFI project/cryptocurrency that I believe has a huge potential to grow huge in 2021 and beyond. So, if you are planning to invest in crypto, do read about the WISE token here. Why you should invest in the WISE token WISE Token is based on an ERC-20 compliant smart contract designed on the Ethereum blockchain. As a blockchain token, WISE is decentralized, trustless, and highly liquid cryptocurrency. The WISE financial ecosystem will mostly rely on staking for the generation of profits in the form of interest. For staking (locking up) their tokens in the contract, investors will earn interest from the safety of their own private wallets. At the time of launch, investors will contribute to creating a massive liquidity pool by sending their ETH to the contract. Here’s why WISE Staking is more profitable and secure than other options out there:
Low riskThe WISE token allows investors to earn a stable income by staking their funds in the system at a relatively lower risk and higher profitability. Since everything in the WISE contract is fixed and immutable, your stake as well as returns are completely secure.
High interestCompared to traditional investments like bonds and CDs as well as modern options like bank deposits, the interest rate in WISE is much higher. Moreover, you get interested over the stake duration, irrespective of market status or risk.
FlexibilityWISE gives you the flexibility to withdraw your interest income at any time during the stake duration. You can even withdraw your interest multiple times, without having to pay a penalty.
LiquidityThanks to the massive liquidity pool of WISE, realizing your gains (selling your funds) is very easy. At any time during or after the stake length (duration), you can sell your tokens on the Uniswap exchange to cash out your earnings plus principal.
Referral bonusAnother major reason why everyone you invest in WISE is the best-in-industry referral system. For every new user staking in WISE through referral, both the referee and the referrer get a bonus according to predetermined rules.
The Bottom LineWhether you are just starting with cryptocurrencies or are a seasoned crypto investor looking for a nice and reliable way to make the best out of blockchain, do read about decentralized finance. And invest in a good DeFi project/coin. I recommend WISE token for stable, liquid, long-term, and guaranteed earnings. To know more about WISE, read the Whitepaper.
Keywords : staking Investing criptocurrency
Tags : #investing #staking #Crypto #cryptocurrency