The issue with BNB is that as the number of holders increases, so will the gas costs.
ON 12/18, Our dev Ash conducted a poll in the official Telegram group in responsiveness to the announcement of BNB reward tokens from our active communities.
The concern with BNB is as holders grow it will raise the gas expenses as well.
Rc2, a utility token listing website for all cryptocurrency projects, is the second token released in the RC ecosystem by our doxxed developer. Reward Cycle is intended to provide high-quality services to its members and holders via an ecosystem and a series of tokens that rewards its investors
What happens to RC1 after you release Rc2 with BUSD?
RC1 will benefit since Rc2 will generate revenue and new customers for RC1 via the new-coins app, which will also function as Rc2’s website and utility.
What rewards will you now receive once Rc2 is released?
Rc2 gives you 5% in BUSD, 3% RC1, and 7% USDT (holding $10 minimum).
Ash is working hard to develop our network. So far, these changes are paying off. Excellent momentum. It demonstrates meticulous preparation and a large outside effort on the radar. This is how the other startups succeed. Partners also providing additional support.
What New Crypto Investors Should Know About BUSD vs. USDT
Binance Coin price[1] today is $537.35 with a 24-hour trading volume of $2.11 B and market cap of $89.63 B. BNB price changed by 0.4087% in the last hour, 2.5159% in the last 24 hours, and -3.9952% in the last week.
Binance Coin reached an all-time high of $689.33 on May 09, 2021. Currently, it’s down -22.05% since its record high.
Binance Coin’s current circulating supply is 166,801,148 out of max supply of 189,175,490.
BUSD and USDT are stablecoins that are 1:1 tied to a fiat currency like the US dollar. USDT has bigger trade volumes, but it isn’t completely supported by cash reserves, and it has run into reputation problems.
BUSD, on the other hand, has undergone more thorough audits and is compatible with a variety of blockchains. Both currencies provide quick transaction speeds and cheap transaction costs.
Both BUSD and USDT are critical since they rely on smart contracts that run on blockchains rather than conventional contracts that have no legal power to function.
These coins allow for quick transfers throughout the globe at any time and from any location, and there is no need to depend on banks to do it.
To take part in the RC official group’s polls and be up-to-date with the projects
Follow our Telegram, Twitter, and Discord groups.
Email us at info@rewardcycle.club
Footnotes
[1] Cryptocurrency Prices, Charts & Crypto Market Cap — CoinCheckup
