smartBCH Tokens that Every newbie Should Check out

When people who are invested into the smartBCH from the Bitcoin Cash often think about finding various tokens that are available through DEX. Like you my first time going through various smartBCH dex was journey into the confusion.

I was not aware of many tokens that could be bought with some moderate level of risk. Obviously because I don't like buying into the Meme tokens or the tokens without use case. And so I thought I should be focused on getting tokens that are worth of some fortune in near future.

Where to look for the smartBCH Tokens?

Each DEX has the tokens listed which they allow to trade based on the liquidity in their DEX. However it helps when you have access to all the available tokens and their market performance in one place.

marketplace.cash is one place where you can see current and upcoming listed tokens on the smartBCH. It's a good place where you can find some idea about the coin with specific set of numbers to learn more about it.

Note: This is not a financial advice. This is a personal opinion. Do your own research. And decide what token fits right into your profile and what sort of the investment you should take. You may also refer to various telegram groups and learn. Avoid buying into the scarcity and the hype.

Now that we are through the disclaimer. So let's check out some of the tokens into which you can invest.

flexUSD

Why you should buy stablecoin token? The reason because there are times when the tokens go through big ups and downs. And when it's not pegged to any national currency the damage becomes too good to ignore.

Stablecoins often shield you from such type of the damage and make it easier for you to work on your favor. So this just my way of looking at things. Your observation and the industry experts opinion may vary. So do your own research.

MIST

Another token that has been expanding it's tentacles around the market. It has also listed itself in few different exchanges and may soon even get listed on coinmarketcap and coingecko as well.

For now I'd say hold them or offer liquidity to the pair if you want. But that would be again financial advice. So based on this information do your own research and decide what's the right mode for you to work with for this coin.

EBEN

Eben started out as a first DEX for the smartBCH and it continues to be the best for what it offers. I am sure other DEX would catch up or even surpass them.But EBEN seems to be turning out as a one stop shop or favorite type of the deal for the BCH users.

If you like investing into the DEX tokens then EBEN is pretty much no brainer and also a good option depending on when you choose to add and whether you use it for liquidity pool or trade.

WOJAK

I learned about this token recently. It requires you to hold 1/2000 of the WOJAK token supply in order to get the regular flexUSD rewards for just holding the tokens. Now that sounds like a lot when you are holding tokens and are new to the tokenomics.

Though I still have my reservation about this token. I'd say it's worth having and you can even check their telegram and decide if the project is good and have decent amount of people who are invested into it for you to get your investment out.

CashCATS

Now there are few tokens without any use case and cats happen to be among them. And the thing is despite that they seem to have created a good DEX performance for some time now. And they are also pretty good with community.

So if you are planning on taking a bit of risk for a token, then they are kind of worth trying out. I also have realized that some of the time tokens such as this would be worth trying out.

Other tokens worth checking out: sBUSD, FLEX, SPICE, KONRA, MILK, BPAD.

Conclusion

Now there are many other tokens out there but I can't list all of them. Nor do I want to. The reason being many tokens are too volatile and without use case it's easy to say when they are going to turn rug pull. Sure many are genuine and their owners rome around the places that we know. But we just can't blindly trust people out there.

At the end of the day, the choice is yours where you want to invest your funds and how you want to profit out of them.

I hope the information here helped you to form an opinion or make choice between various options out there.