If you are trading forex or stocks, you need centralized exchanges like the New York Stock Exchange.

The Stock Exchange is actually the middleman with governance, centralized control, and regulations. On the other hand, decentralized finance (defi) is an online financial ecosystem where no central party is involved. Defi revolves around dapps (decentralized apps) that run on the blockchain and perform different financial services, including yield farming.

If you are serious about investing in cryptocurrency and want the best long-term returns, you absolutely must know about yield farming. It is a new cryptocurrency investment strategy for earning passive income on your cryptocurrency assets. If you don’t do it soon, you will be missing out on half of the equation when it comes to investing.

Recently, a dApp called BNBMatrix opened its doors for cryptocurrency enthusiasts for BNB yield farming, offering a massive ROI of 119% to 234%. Since its launch (about a month ago), the platform has attracted over 50,000 BNB. To celebrate its immense success, BNBMatrix has now come up with another platform – BUSDMatrix.

Let’s take a closer look at what BUSDMatrix is and how it can help you earn high profits. 

A lot of people use stablecoins. They are fiat pegged assets backed by a stable currency, algorithm, or asset price. For example, BUSD is a stablecoin backed by USD – meaning that one of each BUSD coin equals 1 U.S. dollar. U.S. dollars are not a cryptocurrency, so you cannot directly invest USD in BSC. However, you can invest BUSD in BSC. Thus, essentially when you invest BUSD, you are indirectly investing the USD in the blockchain. BUSD carries minimal to zero market risk. 

BUSDMatrix is a smart contract-based dApp built on Binance Smart Chain that allows users to deposit BUSD to earn a high yield. The goal of this platform is to generate more profit without demanding excessive funds. Thus, the minimal deposit can be as low as 5 BUSD.

Depositors can earn solid daily returns of 7.8% to 17% upon the period they choose (7 days to 30 days). Thus, the smart contract allows users to earn a total return on investment (ROI) of 119% to 234%. 

2. Security

BUSDMatrix takes the security of its users very seriously. The smart contract is audited by HazeCrypto and verified 100% safe with no backdoors, weaknesses, or fraudulent scripts.

BUSDMatrix does not compromise user satisfaction. Their staff is available 24/7 on Telegram and other social media accounts to serve all customers. Whether you have a query or a complaint, you can contact the team whenever you like. They will get back to you as soon as possible.

BUSDMatrix has a 5-level referral reward program. As soon you invest, you receive a referral link. Users can earn a total of 11.5% commission as referral rewards. 

BUSDMatrix Smart Contract is one of the best yield farming dApps on the Binance Smart Chain (BSC). It offers a high ROI percentage on daily basis. To conclude, the profitability, safety, intuitiveness, and ease of convenience of BUSDMatrix make it a game-changer in the Defi space. So, stop wasting time and start investing some BUSD in yield farming on BUSDMatrix.io.

The post After Immense Early Success, BNBMatrix Launches BUSDMatrix appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

275 +