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Breaking News: BNB Hits Record High Exceeding $900 Following Binance And Franklin Templeton Collaboration
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Breaking News: BNB Hits Record High Exceeding $900 Following Binance And Franklin Templeton Collaboration

Looking for cryptos with negligible transaction fees? Consider Solana (SOL), Compound (COMP), and Parody Coin (PARO)

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Parody Coin (PARO) is set to be the king of minimal transaction fees and speed.

No one likes spending so much on transaction fees (gas fees) whenever they make a trade or complete a crypto transaction. Most cryptos have such high gas fees that when you carry out a transaction of $10 you’d be paying $2. This is a loss no matter how you look at it and that’s why crypto investors always seek out platforms that offer minimal gas fees before carryout any transaction.

Since the market is saturated with many cryptos, it’s hard to decipher which ones have the lower gas fees than the others and which ones are more efficient to use. To that effect, we’ve created this article to help investors pinpoint crypto platforms that offer amazing services with very little transaction fees.

Parody Coin (PARO)

Parody Coin (PARO) is a new coin that has been generating a lot of buzz since its emergence in the crypto world. This is because users will be apparently be able to get impressive offerings by simply holding onto its native token on the platform.

Parody Coin (PARO) has created a lot of ways for investors to earn impressive income passively. One of these is the ability it gives to users to create parodies (NFT copies) and sell them on its, soon to be, NFT marketplace. The majority of these parodies are popular NFT copies that exist in the market. One other great way to get extra rewards is to simply stake your Parody Coin (PARO) tokens.

The developers of the coin will also make it possible to simply get more of the token by just hanging onto the coin for a while. This is made possible because the Parody Coin (PARO) network shares airdrops into users’ wallets every week.

Investors can also swap to their coins of choice anytime they want using Parody Swap.

Solana (SOL)

Solana (SOL) has a unique selling point which is its impressive transaction speed. For a crypto to easily handle transactions over 50,000 per second is nothing short of impressive. As a matter of fact, when you compare this value to what Ethereum (ETH) offers (15 per second), it’s massive.

Solana (SOL) is well-known for its ability to host dApps as well as major crypto projects such as NFTs and Defi.

High transaction fees have been a major issue in the world of NFTs recently. This is even more in projects built on the Ethereum (ETH) network. Solana (SOL) has emerged to make this slightly easier. It’s able to offer lower gas fees with impressive speed to back it up.

Investors who love minting NFTs in bulk can access such services without having to fear so much for its gas fees. With this, NFTs can be sold and bought with very minute transaction fees paid.

Solana (SOL) developers have said that it’s still being updated to become the best in terms of transaction speed, fees, and complete scalability.

Compound (COMP)

Compound (COMP) is a coin focused on decentralized finance. Its been on the rise lately with its value and popularity increasing simultaneously.

Compound (COMP) developers have made their plans of being a top Defi protocol known. It exists to help users get access to funds that are already in place with very few fees attached to whatever loan is taken.

Just recently it was added to Robinhood’s platform due to its outstanding offering. Compound (COMP) price has been down for some days now especially since the large dip in the market.

Many investors and crypto enthusiasts believe that as soon as the market stabilizes, Compounds (COMP) value will skyrocket exponentially. Therefore, if you want to get invested in crypto, now is a great time to start.

Presale: https://presale.parodycoin.io/register
Website: https://parodycoin.io/
Telegram: https://t.me/PARODYCOIN_OFFICIAL
Twitter: https://twitter.com/ParodyCoin

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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