Spotting a good and lucrative investment which can reward you big in the long is not that simple. It takes a lot of determination researching and comparing crypto assets side by side trying to figure out which one is the best and all the factors which makes it outstanding as compared to the rest.
A lot of people makes wrong and costly decisions and they lose their hard earned money because they just invest without an know how of what they are getting their selves into.
The Clash of the Titans
Ethereum is a giant crypto currency which was launched in 2015 and it has been sitting of the second position and non has dared to take its spot. It is a decentralized and it offer's a whole lot of services, some crypto currencies the ERC-20 Tokens are being run on the Ethereum blockchain and it is also used for smart contracts which is the digital ledger.
All those services being offered by Ethereum blockchain also strengths that crypto currency as many business are now investing it so it is heavily adopted as we can see its capitalization is always going up each and every day. Currently it has 117,854,958.06 ETH in circulation and the price is $3,612 and its close to its all time high of $4,362.35 and it is showing that it about to break new ground and set a new record.
Binance Coin was launched on 2017 as a ERC-20 token running on Ethereum blockchain but late on in 2019 it migrated to BNB and it started running on its own blockchain called the Binance chain.
There are 168,137,036 BNB in circulation out of the total supply of 168,137,036 BNB and it is now the 4th biggest crypto currency with price $424.04 per BNB which is staggering increase from the $37 per coin which was the price it was being traded for on 1 January 2021.
Conclusion
These two altcoins are both marvelous i don't want to lie. They are both catchy and they promise higher returns in the future. If i were to chose only one i will go for Binance Coin because its still in its early pick stages and still has a long way to go, it has its own exchange platform and now tokens are running on their blockchain aswel which is another factor to consider.
It is much affordable than Ethereum and there are higher chances that you can make a lot of money from it and lastly its transaction costs are cheap as compared to ethereum.
I would surely go for the Binance chain again and again. The Binance chain proofed to be more friendly than the eth chain with high gas fee