The post Is Ethereum a Good Investment ? Why Ethereum Users Invest In Altcoin Toon Finance Coin appeared first on Coinpedia Fintech News

What is Ethereum ETH

Ethereum ETH is one of the top digital assets in the world. It is a decentralized open-source blockchain platform that allows developers to build and deploy decentralized applications (dApps). Ethereum uses its native cryptocurrency, Ether (ETH) as a form of payment or “gas” for transactions and services on the network. It is also used to buy things such as NFTs, these NFTs can be found on the web, the most popular ones are Kongz and Mutant Ape Yacht Club. 

How are NFTs related to Ethereum ETH

NFTs were first bought using ETH on the Ethereum blockchain. NFTs are digital assets that represent a unique item, whether it’s art, music or even videos. This means that an asset can be transferred from one person to another without any need for third-party verification.

This security feature inherent to NFTs make them more than just pictures as eventually people will realize that it is security and transparency of a non-fungible object that is the most important feature of an NFT since people can easily verify it. 

There is no faking an NFT because the ownership of an NFT is registered on the blockchain and can be verified by anyone. This makes it a great medium for people to buy and sell digital assets with the assurance that their investment will remain secure.

Is Ethereum ETH a good investment in 2022

Yes, Ethereum ETH is a good investment in 2022. The value of ETH has gone up significantly since it launched on the market and continues to show strong performance as more people become aware of its potential for growth. With the rise of decentralized finance (DeFi) projects on the Ethereum blockchain, ETH will likely continue to be an attractive asset for both old and new investors. 

Apart from Ethereum, there are other tokens worth taking a look at with unique use-cases. For example, Bitcoin might not be the only cryptocurrency and one can even say that Bitcoin has no other feature but being a currency. That being said, Bitcoin BTC is a very robust token and will forever be remembered as the first cryptocurrency by the world.

Cryptocurrencies apart from Bitcoin are called altcoins and they are also worth taking a look at especially if they have actual use and not just for trading like DOGE coin.

What is an altcoin

An altcoin is a cryptocurrency alternative to Bitcoin. It may offer lower transaction fees, faster speeds or enhanced privacy features compared to Bitcoin. Altcoins are also used as a form of investment and trading just like any other asset. 

Despite the market, there are only a couple of altcoins here and there that are worth taking a look at. One of them is Ethereum ETH, another is Binance BNB, and finally there is Toon Finance TFT.

Binance BNB and Toon Finance Token TFT

Binance is similar to Toon Finance where it has its own exchange. Binance is currently one of the most popular centralized exchange in the world. While CEXs aren’t really secure especialy when people use them as wallets instead of what they were really supposed to be, as exchanges. 

Toon Finance Token on the other hand made Toon Swap which is a DEX or decentralized exchange. It is built on the Ethereum network, users can use ToonSwap to convert almost any type of cryptocurrency into another. This DEX is far more secure than CEXs and they don’t even require KYC at all. 

Between a centralized exchange and a decentralized exchange, always go for the decentralized exchange like Toon Swap because it is far more secure and you don’t need to provide any personal information. 

It is not just more secure when it comes to privacy, it is also more secure as plays a non-custodian role, meaning that you will always be in control of your funds instead of relying on a third-party custodian. This makes Toon Swap one of top ways to trade securely, privately, and safely.

Why are people investing in Toon Finance Token TFT at the cost of their Ethereum ETH

People are investing in Toon Finance Token (TFT) at the cost of their Ethereum ETH because TFT has a lot of potential. Ethereum is flexible and allows multiple DApps to exist but investors are looking at one thing, the one thing that’s most important when making an investment decision, they want to know if they can make money.

ETH Ethereum users choose Toon Finance Tokens TFT over Ethereum

As of this moment, you can only trade Toon Finance Token TFT with Ethereum ETh, but despite this, people are still choosing to buy Toon Finance Tokens.

This is because of the Toon Swap DEX, which makes it easier and more secure to trade with other cryptocurrencies. 

It also has multiple features like Space Farming that allows investors to earn while doing nothing in a process called staking or liquidity mining and it also has Space Battle Grounds where players and spectators alike can compete against each other and bet on their favorite players. 

Apart from this, Toon Finance’s Toon Swap also has other features on the works making it an irresistible investment. Most importantly, Toon Finance is new which means it hasn’t gone through its x1000 phase yet. 

So investors are letting their Ethereum ETH in order to get in on the action before it moons. 

Is Toon Finance Token TFT a good investment?

Toon Finance Token TFT is a great investment. It gives you the ability to trade between multiple cryptocurrencies securely and privately, it has additional features and products such as Toon Swap, Space Farming, Space Battle Grounds and others that will be announced in the future. 

Toon Finance Tokens have a large use-case as it will be used in Toon Swap, Toon Finance’s own decentralized exchange while there will also be betting making it an automatic moon according to our analysis.

How is Toon Finance compared to other tokens?

Toon Finance is unique because it combines several aspects of cryptocurrency such as security, privacy and ease of use. Ethereum is also secure but it lacks the features that Toon Finance provides, apart from this, Ethereum wil be x10 at most about 5 years from now while TFT Toon Finance will be x1000 or more depending on when you invest.

This is why Ethereum ETH users are flocking to Toon Finance TFT, because the chances of x1000 down the road is still available while that will be impossible with Ethereum ETH.

Disclaimer: This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

---

Filed under: Bitcoin - @ December 14, 2022 6:26 am