Planning for an early retirement requires a lot of research and careful selection of strong investments. Cryptocurrencies have emerged in recent years but there are so many that an average investor often finds it difficult to make the right choice.
We have selected 3 cryptos that could help you in retiring early by providing great returns that could beat inflation in the long run. These 3 cryptocurrencies are Calyx Token (CLX), Hedera (HBAR), and Filecoin (FIL). Let’s find out the use cases of these 3 coins and why we think they could be a strong addition to your crypto portfolio.
Hedera launches HBAR support for NFT platform HashAxis
Hedera (HBAR) has finally announced the support of the native HBAR cryptocurrency token on HashAxis, the NFT platform powered by Hedera’s technology. HashAxis makes use of Hedera’s technology combined with native atomic swap and royalty functionality on the Hedera network to mint, manage, and trade NFTs.
HBAR token’s integration with HashAxis will open more avenues for its adoption as users will now be able to use it to pay for minting and trading NFTs on the platform. The HBAR token was trading at $0.13 at the time of writing and is available at an attractive price for long-term accumulation.
Calyx Token is available on presale with bonus options
Calyx Token platform powered by the native CLX token will allow users to exchange coins across multiple blockchain networks. The current DeFi (Decentralised Finance) protocols suffer from a lack of adequate liquidity which causes a lot of price volatility and slippage resulting in a loss for the users. The price volatility tends to rise whenever liquidity is low.
Calyx Token network will source liquidity from different sources and will bring it under a single ecosystem to reduce the instances of volatility and slippage and will allow faster trades for its users. CLX token can be staked and will also allow users to claim a part of the trading fees. Holding CLX tokens will also allow users to become a part of the CalyxDAO and participate in the decision-making process of the entire ecosystem.
Sourcing liquidity from a blockchain network of their choice aligns users with greater flexibility while saving on gas fees. The Calyx Token ecosystem will continuously support more networks within the protocol which is essential to provide the best rates for users to easily exchange tokens across multiple blockchain networks.
Rather than working as a closed system like most centralized exchanges today, The Calyx Token protocol will be fully decentralized and allow any user to create a liquidity pool. This will provide greater options and multiple liquidity pools for its users. The traders will be able to benefit as they will be able to transact easily on a single platform across multiple networks.
The CLX token could witness strong price appreciation in the future because it solves the problem of liquidity on decentralized platforms and also provides support for cross-chain networks by incorporating interoperability.
At the moment, you can buy the CLX token through the presale and also get attractive bonuses which will reduce during each phase.
Filecoin joins hands with MuckRock to launch integrated services
Filecoin Foundation has partnered with MuckRock to better integrate their services and allow users the ability to store documents on the Filecoin network. Filecoin (FIL) provides decentralised file storage services at low costs. The FIL token was trading at $13.84 at the time of writing.
DocumentCloud users will be able to publish documents simultaneously to MuckRock and Filecoin’s servers allowing more options and greater sharing ability. DocumentCloud currently hosts over 8 million verified documents and has proved to be instrumental in ensuring government accountability and transparency by allowing journalists to share files and documents easily across borders.
When investing in cryptocurrencies, practice risk diversification methods to ensure better returns and never invest more than what you can afford to lose.
Learn More:Â
https://presale.calyxtoken.io/register
https://t.me/CALYX_TOKEN_OFFICIAL
https://twitter.com/CalyxToken
https://www.instagram.com/calyx_token
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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