andy, Author at NairaBrains

Verifying the existence or authenticity of a registered company in Nigeria used to be a timing consuming and daunting task requiring you to visit a CAC office to fill paper forms. However, it is now very easy, this write up will show you how to check if a company is registered in Nigeria with CAC – Corporate Affairs Commission and FIRS (Federal Inland Revenue Service).

There are several reasons for verifying the registration status of a company, maybe you want to go into business with the company, apply for a job in the company or patronize the business online. Whatever the reasons, you can now check the registration status of a company anywhere and anytime using your mobile phone or computer.

The process requires just two steps, first step is checking the registration status on CAC website and the second step is verifying the Tax registration status on FIRS website.

How to Check Company Registration Status with CAC

Corporate Affairs Commission (CAC) is an autonomous body charged with the responsibility to regulate the formation and management of companies in Nigeria.

To check if a company or business is registered, follow this simple steps:

Visit CAC website by clicking here,
Type the company name in the field provided without “Plc”, “Limited” or “Ltd”.
Click on Search .

If the company exists, you will get a result with (the RC Number, Company Name, Address, Status and Date of Registration). However, if the company doesn’t exist you will get an empty result. Sometimes, you will get many results if the company has other companies bearing similar name, just scroll down to locate the company with matching name. Sometimes, a company might still be undergoing registration, in that case you won’t see it’s RC Number, you will see Undergoing Registration.

How to Check Company Registration Status with FIRS or Joint Tax Board

The Federal Inland Revenue Service (FIRS) is the institution saddled with the responsibility of collection and payment of Federal government taxes in Nigeria. After getting the company’s RC Number using the steps above, you can check a company’s TIN and registration status on the FIRS website using the following steps

Option One

Visit the FIRS Official TIN Verification page by clicking here
Scroll down to the Search form
Select CAC Registration number in the search criteria dropdown list
Enter the CAC Registration Number preceded by the corresponding alphabets (RC for Corporate entities (public/limited liability companies) and BN for Enterprises (Sole proprietorships or partnerships)) in the search value field. E.g RC11111111 or BN1111111. Note the RC Number you get from the CAC website doesn’t bear the prefix letters RC or BN you have to append it.
Type the correct Captcha Image text and click on the search button

If the Number is correct the name of the company will be displayed with details shown below (remember to scroll down to view results)

Option Two

Visit the Joint Tax Board TIN Verification page
On the TIN Registration Search Panel enter company registration date (You can get this from the CAC step above)
Select Search Criteria (TIN/BVN/Company Registration Number (RCxxxxxx or BNxxxxx) or Registered Phone Number
Check the “I am not a robot” CAPTCHA box
Click submit .

If the information is correct the name of the company will be displayed with details shown below (you can also get the details emailed to you).

In General

Nigerians on Social Media Discuss Reasons for Sudden Rise in Ritual Killings and Illegal Hustle

January 30, 2022 No Comments

2022 started with more stories coming up in various social media of very young boys (sometimes as young as 17) being caught in the act of carrying out ritual killings.

A particular story broke of three young men caught with the head of a girl (thought to be the girlfriend of one of them) as they planned to cook it in a pot as part of their money making rituals.

Nigerians discussed the matter on social media as the term – yahoo yahoo – trended.

See below some of the posts on the matter

In Life

Top 10 Nigerian Songs of 2021

January 1, 2022 No Comments

[VANGUARD] The Nigerian music landscape has produced a range of records that have rocked us into moments of ambiance, where we felt good and was loved. In a place where we gathered together and danced through the spectrum of these moments wishing they lasted forever and never collapsed, we enjoyed these set of records the creators offered us, with glee and without regrets either we still want more.

This list comprises of those records that have set the pace for us in 2021. They’ve been carefully arranged in no particular order, but has been selected due to reasons of influence they’ve curated and how fans connected with them. Majority of them have stayed on the music charts and have allowed us rock the good moments.

Joeboy – Alcohol:
Joeboy’s “Alcohol” is one of those records that everyone found solace in and was strongly connected with during 2021. Alcohol is like a place where Joeboy finds his peace of mind accompanied with rounds of sipping the liquor, he kept requesting for more consistently as he also began influencing his fans to take some alcohol particularly. Although, he advised them against the intake of alcoholics and the song continued creating more impact.

Omah Lay – Understand:
Omah Lay’s Understand is another record that made a huge impact in the Nigerian music soundscape and beyond. Recently, Omah Lay had a successful home concert in his city and has been set aside to break limits with his debut studio album “Boy Alone”, which he anticipates. He also released the catchy “Free Mind” that has currently been doing numbers on all streaming platform both locally and internationally.

Ruger – Dior:
From the success of Ruger’s “Bounce” during pandemic and in the lock down till after the lockdown, Ruger took over the airwaves and was consecutively spotted amongst the Top 10 most buzzing creators in his home country alongside his label mate, Rema. Currently, his “Dior” has replaced Bounce while the magic of his success lies on his recently released sophomore extended play “Second Wave”, alongside between his consistence and ability to deliver expansively.

Kizz Daniel – Eh God:
After the success of Kizz Daniel’s “Lie”, he orchestrates an EP which arrays his love life and proclaimed his place as the King of Love once more. “Eh God” becomes a special cloth cut out from the project as it could soundtrack a new dance wave in pop culture if Kizz Daniel applies careful intentionality to the wave which the record is currently creating. Ever since his exit from G-Worldwide in 2017 till date, he has been following the wave of the Nigerian music industry, now he is making several attempt to create one.

Adekunle Gold – High featuring Davido:
AG Baby doesn’t have a single disappointment in him, you must confess that you believe in him now, so well. So far, he opened the year with the cadencing pop “What It Is”, and accompanied the lush R&B and pop “Sinner” featuring British singer, Lucky Daye. Currently, Adekunle Gold has had several featured tracks, however, he hasn’t failed to resume to duty fully introducing us with the revelers most favorite track on a joint with Davido titled – “High.” The record kept revelers together in one piece as everyone vibed and rocked the juice non stop, even took liquor to make the fun a fair exchange accompanied with hedonism.

Fireboy DML – Peru:
Fireboy DML has currently raked a huge success in the year 2021. Recently his monster hit Peru, has fully broken into the British market with the help of Ed Sheeran on the remix, which has expanded DML’s marketability and access into the UK music scene. He is doing huge numbers on all DSP’s and is rocking ambiance in full.

Wizkid – Essence remix featuring Tems & Justin Bieber:
From the box of his fourth studio album, Wizkid made an official remix of Essence which appeared on the deluxe version of the album the following year. It featured Justin Bieber and recounted a massive success in America, stayed on the top of the charts for weeks and connected the world together even as it became the song of the summer in 2021.

Ladipoe – Feeling featuring Buju:
Feeling has become the record that everyone have found pleasure in. Topping music charts both locally and in the continental hemisphere, the record has kept listeners in a shape that relates with everyone’s emotion. Feeling has a strong connection with it’s listeners, even as the record is perfect to fit for song on the year conversations. It is worthy enough to bag an award if not for the power of Joeboy’s “Alcohol”

Simi – So Bad featuring Joeboy:
This record is beautiful, at the same time it is a hit record that was wheeled out seamlessly, perhaps for the cause of Joeboy’s assistance. She released “Woman” earlier before “So Bad” assisted as she adulates women and gives them everything they deserves including a voice to speak for themselves through the record. Now, “So Bad” could be referred as the track that made Simi earn a breath taking career in 2021.

Burna Boy – Kilometer:
Kilometer is a strong reflection of Burna’s transition from a nobody to a someboy in the Nigerian music industry. He focused on connecting the dots of both his lifestyle and experiences together which connected the minds of listeners in one piece, even as he stories the plethora of experiences and the likes to his current state of greatness as the African Giant. Kilometer was a hit and it was carefully assisted by his second single this year titled, “B.Dor” featuring Wizkid.Burna Boy has had a successful year in review, his 2022 promises more even as he is getting set to headline a show at Madison Square Garden, which is one of the biggest arena’s in the world.

Gyakie – Forever remix featuring Omah Lay:
Ghanaian’s most beloved Gyakie’s mild tempo “Forever”, not only originally become one of Nigerian’s favorite track in 2021, but with Omah Lay’s effort on the remix laid side by side with Gyakie’s stint, emboldened the love Nigerian’s have for Gyakie and her music. The record not only raked huge amount of streams across digital platforms, but it also strongly connected the hearts of many love birds together.

Source: Vanguard

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In Life

List of African Countries With Currently Active Separatist Groups/Movements

December 13, 2021 No Comments

This is a list of separatist groups in Africa that are currently active. Despite the fact that independence is the primary goal of many separatist movements, separatism can encompass autonomism and secessionism. Religious, racial, socioeconomic, and cultural differences between specific peoples and the majority or ruling elite in a country sometimes lead to separatist movements. It’s often debatable what makes an autonomist or secessionist movement; entries on this list must be verified as involved, separatist, and made up of inhabitants of the country from which independence is sought.

Below is a list of African countries with currently active separatist groups/movements

Algeria
Angola
Cameroon
Central African Republic
Comoros
Republic of the Congo
The Democratic Republic of the Congo
Equatorial Guinea
Ethiopia
France
Ghana
Kenya
Libya
Mali
Morocco
Namibia
Niger
Nigeria
Rwanda
Senegal
South Africa
Spain
Sudan
Tanzania
Uganda
Zambia
Zimbabwe

ALSO SEE – 10 of Africa’s largest companies by valuation

In Life

10 Common Bad Habits That Slowly Kill You

November 10, 2021 No Comments

Habits may make or destroy a person’s life.

So, for the best functioning of our body, health, and mind, we all attempt to adopt healthy and excellent habits. We make every effort to engage in good habits of living, from feeding well to exercising every day.

However, we occasionally overlook trivial behaviours that affect our health in the long term. Consider them unhealthy or poor habits, but these ten activities you do on a daily basis may not be beneficial to you.

It’s past time you noticed and changed these 10 common bad habits that slowly kill you.

#1 Inappropriate Body Posture

People with poor body posture suffer from a variety of health issues. Deformities such as spine curvature, neck discomfort, fat buildup, breathing issues, and more are caused by slouched shoulders, bent backs, and other postures.

They have an effect on both your health and your looks. It can also have a negative impact on your health over time. For a healthier lifestyle, work on improving your body posture and aligning your sitting and standing routines.

#2 Snacking Too Much

One of the biggest issues of a contemporary lifestyle is consuming unhealthy foods and eating seldom. The availability of junk meals and rapid delivery services has further fueled the habit of indulging in unhealthy eating whenever and wherever possible.

Overeating or indiscriminate eating can lead to a variety of significant health problems, including heart disease, obesity, stress, digestive problems, mental illness, and more. Your body needs both nourishment and relaxation. It’s also important to eat on time and provide enough time for digestion.

#3 Long Stretches of Sitting

A sedentary lifestyle is prevalent today.
Because of the need of continuing to work in cubicles, the majority of individuals sit at their workstations for about 8 to 10 hours every day (often even longer!).

Obesity, heart disease, elevated cholesterol levels, diabetes, stress, and other health issues have been linked to lengthy durations of sitting, according to research.
One of the most prevalent problems among those who work at a desk is excess waist fat.

Sitting for lengthy periods of time in women has been linked to coronary heart disease, breast cancer, ovarian cancer, and a variety of other female health issues.
If you can’t ignore the demands of your job, practice taking short breaks during the day to counteract the effect.

#4 Indulging in excessive drinking

Alcohol is one of the most dangerous addictions that individuals have nowadays. While a small quantity of alcohol might be beneficial to your health, excessive use can be highly detrimental.

It is common knowledge that drinking harms your liver. However, alcohol consumption can have negative health consequences such as cancer, hypertension, mental problems, stroke, cardiovascular disease, and so on.

Drinking too much alters the fat-burning process, making weight reduction more difficult.

#5 Cross-legged sitting

Surprisingly, our bodily postures, particularly our seated and standing positions, have an impact on our health. Sitting cross-legged on a sofa may appear to be a natural way of resting, but it might be hazardous to your health.

Sitting cross-legged compresses the veins and significantly raises blood pressure. It can put unnecessary strain on the hip and joints, resulting in joint aches, hip displacements, obesity, breathing issues, blood clots, and other health issues.

#6 Restricting to Specific Diets

We’ve arrived at a point in history when food has become glamorized.

People can choose from a variety of diets such as vegan, Keto, gluten-free, sugar-free, and so on, depending on their lifestyle and preferences.

While some people are advised to follow limited diets due to health concerns, others find that indulging in them is highly beneficial to their health.

However, blindly adhering to fad diets depletes their body’s nutrients. You do not need to follow a gluten-free diet if you are not sensitive to gluten since protein from wheat, barley, and rye is just as necessary to you as protein from other foods.

#7 Having Coffee in the Morning

Coffee may provide you with daily motivation, but it’s also a major health risk first thing in the morning. When you sleep, your body dehydrates, and grabbing a cup of coffee first thing in the morning exacerbates the problem.

To put it mildly, it causes indigestion and slouching in the stomach. Coffee boosts blood pressure, heart rate, and blood sugar levels, especially if it contains sugar.

It’s fine to have your coffee fix, but postpone it for a better lifestyle! If you’ve been oblivious to the impact these small behaviours have on your health, now is the moment to make a difference.

#8 Too little or too much sleep

For a healthy lifestyle, sleeping is necessary. To replenish and revitalize our bodies and minds, we require an average of 8 to 10 hours of sleep every day.

Sleep deprivation results in lethargy, sloppiness, weariness, and exhaustion, all of which contribute to mental and physical illnesses. Oversleeping, on the other hand, can help with depression, anxiety, cardiovascular disease, diabetes, and stroke.

To maintain a healthy lifestyle, one must maintain a balance of sleep and wake hours.

#9 Excessive Use of a Computer or Mobile Device

The digital revolution has led us down an unhealthy road, whether it’s swiping through photographs on a phone or typing on a computer.

We keep yelling at the bright screen with all our strength in an attempt to connect to the wide world of the internet. However, they pose the same physical and mental health risks as any other habit.

While social media creates social anxiety, required validation, poor influence, and other negative effects, the hazardous radiations emitted by these gadgets also affect our health.

If not entirely, one should strive to exclude these gadgets from one’s life as much as possible.

#10 Inadequate Water Consumption

Given that water makes up 60% of our bodies, it’s no surprise that drinking water is beneficial to overall health. Keep your memory sharp, your mood constant, and your motivation high by staying hydrated. Keeping your fluids up to date helps your skin keep supple, your body cool down when it’s hot, your muscles and joints perform better, and your kidneys clear toxins out of your body.

So, how much water should you drink on a daily basis? Adult men require around 13 cups of liquids per day, whereas adult women require approximately 9 cups. Foods provide roughly an additional 2 1/2 cups of liquids. Because one size does not fit all, the easiest method to tell if you’re properly hydrated is to check the color of your urine: if it’s light yellow like lemonade, you’ve had enough to drink.

In Life

5 Oldest Bridges in the World Still Standing

November 10, 2021 No Comments

Reminders of the past rest across most landscapes providing a fantastic insight to the way people once lived. Bridges can be used as a perfect example only that instead of linking the past to the future, it links communities or cities to each other. Many Bridges have crumbled while some still welcome tourists to this day.

1. Dezful Bridge

It was commissioned in 260 A.D and has stood the test of time. The bridge was designed with 14 arcs spanning over 1,148 feet. Legend says the bridge was constructed by prisoners of war after the fall of the Roman Empire. It has issues with flooding in the past so it’s now used as a pedestrian bridge only.

2. Pons Fabricius, Italy

This is the oldest bridge that is still in use within Rome. It was built in 62 B.C and stretches over 200 feet in length. The pedestrian bridge welcomes travelers and showsno signs of abandoning it’s taskany time soon.

3. Shaharah Bridge, Yemen

This bridge may not be as old as the others that were earlier mentioned, but it still stands to be as impressive as any of them. It is heavily trafficked by locals and tourists.

4. Alcantara Bridge, Spain

Not many Bridges contain predictions etched into their design, but this one does. It was completed in 106 A.D reaching a total of 630 feet. It has played it’s role in history at the same time standing tall through centuries and wars that have already taken chunks of the bridge.

5. Qiancheng Bridge, China

Qiancheng deserves a special mention because it was entirely made of wood, constructed since 1127 A.D. Its fragile state has meant that repairs have been required from time to time. The method for the construction was such that didn’t involve nails or adhesives. It is simply wondrous to have survived from its point of construction till date.

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In Life

5 Strangest Towns on Earth

October 29, 2021 No Comments

Everyone at some point loves mysteries and enjoys the effort in trying to solve them. The planet is dotted with places of such mysteries some having a logical explanation while others just remain unsolved.

Read along as we consider some of the worlds strangest sites.

1. Bermuda Triangle

It covers around 500,000sq miles between Bermuda, Miami in Florida and San Juan in Puerto Rico. The spot has seen more than 20 plane crashes and about 50 ship wrecks without an obvious explanation, some just “vanish” completely. Theories have ranged from supernatural activities to a logical hypothesis pointing to a magnetic compass variation or rougue waves.

2. Stonehenge, England

The circle of rocks has been one of UK’s well known alongside mysterious sites leaving historians baffled as to how it’s builders were able to transport the monoliths 5,000 yers ago. Students of the New Castle University in 2019 attempted to solve the riddle saying humans may have dragged the rocks using sledges lubricated with pig fat.

3. Eternal Flame Falls, New York USA

The bewitching orange-red glow flickers behind a waterfall in New York’s Chestnut Ridge Park. The flame is most times estinguished by splashes from the waterfall but tourists bring it back to life with a lighter.

4. Magnetic Hill , New Brunswick Canada.

This is one of several hills around the globe where what looks like an uphill incline is. Cars roll backwards and upwards after driving to the bottom of this hill. Research shows that it isn’t actually defying the laws of gravity.

5. DevilsD Bridge, Germany

The actual name of the bridge: Rakatzbrücke derives it’s name from supernatural associations. It is a looping structure in the German town of Kromlau that forms a perfect circle with it’s reflection in the water. It is so pretty it could be reffered to as a fairy tale bridge.

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In Mobile/Gadgets

5 Smart Watches You Can Get for Improved Lifestyle

October 29, 2021 No Comments

Smartwatches have become the in thing and due to their numerous functions, a lot of people have tossed their old, mechanical wristwatches aside and strapped these smartwatches onto their wrists. These smartwatches are used to serve a variety of purposes and can be used as a powerful health and fitness tool.

Here are some smartwatches that’ll monitor your health, track your efforts when exercising which leads to an improved lifestyle.

Samsung Galaxy Watch 4

The Samsung Galaxy Watch 4 is a smartwatch that had a lot of hype around it. For this smartwatch we see Samsung return to Wear OS, having used Tizen for recent models. But this isn’t only Wear OS, it’s has a new take on the operating system, designed alongside Samsung, and with a very Tizen-like skin on the top.

It also has a comfortable fit, a lightweight build, interesting body composition measurement tools, and add to its great performance, which makes for a top smartwatch, especially for those interested in tracking their health and fitness for an improved lifestyle.

Fitbit Versa 3

If you are on the lookout for a smartwatch that is not from either Samsung or Apple. The Fitbit Versa 3 may be the best choice for your wrist, and it is a great companion for those who want to focus on fitness.

It has a built-in GPS, a comfortable design and the display is easy to view with a crisp image. It has numerous basic functions as all-day tracking (e.g., calories burned, step count), heart-rate monitoring, automatic exercise recognition for 15 exercises, and Alexa integration. Also, the Fitbit Versa 3 introduced a new function like the Active Zone Minutes which alerts you mid-workout to increase your tempo to get the most out of your exercise. This watch is a great choice for those who are advocates of healthy living.

Honor Magic Watch 2

If you’re a fond exerciser or a fitness buff, then the Honor Magic Watch 2 might be the right smartwatch for you.

The Honor Magic Watch 2 tracks a wide range of sporting activities which includes providing detailed information about your exercise, providing workout advice and giving feedback for certain activities.

The watch also lasts for a long time, so you don’t need to charge it all the time, and it has a pretty sleek look also.

Samsung Galaxy Watch Active 2

Samsung merged the best parts of the Galaxy Watch into this sportier smartwatch that’s slimmer, lighter and, arguably, more comfortable and also included a few coveted features, including a rotating digital bezel and LTE version.

It comes with fitness features like the 39 workout modes, a heart rate and ECG sensor, and a health app with stress and sleep monitoring. You can even monitor your blood pressure while using this smartwatch.

Fitbit Versa Lite

The Fitbit Versa Lite has a good range of fitness features, a long-lasting battery, and a body that’s quite small and light, and will fit on your wrist easily without you noticing it most of the time.

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In Life

Top 10 Tourist Destinations Around the World

October 27, 2021 No Comments

Tourist destinations are majorly places of social interest and relaxation, a place which exhibits the beauty of nature offering leisure and amusement. Tourist destinations rely heavily on the economic benefits of tourism. It defer in sizes, they can be as large as a city or as small as a coastal resort or village.

However, some factors like recommendation from friends and relatives, popularity as renowned destinations, comprehensive information online, availability of special offers, and accessibility of the destination amongst others affect tourism destinations.

Below are the top 10 tourism destinations around the world:

1. Eiffel Tower, Paris

Photo Credit

A visit to Eiffel Towers is a must for all travelers. It is a site to behold for all ages and for travelers heading that way for the first time. Couples looking for a special gate-away and artists looking to spur their creativity can take a visit to this amazing destination.

2. Statue of Liberty, New York

Photo Credit

The Statue of Liberty represents the United States like no other place. This symbol of freedom in New York City was gifted by the French to the American people in 1896.
This is a site to behold. Taking a ride uptown her crown and soak up the views over the city is one of the best experiences at the statue of Liberty, New York.

3. The Colosseum, Rome

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This is the most famous and largest structure still standing from the Roman Empire. It is also the biggest attraction of the modern day Rome. It’s been a major attraction for travelers from generation to generation and indeed a place to count on.
Situated at the heart of the city, the Colosseum is an enticing place to visit and easily accessible. Wondering through Rome’s ancient streets is definitely a great experience.

4. Taj Mahal, India

Photo Credit
The Taj Mahal, India is definitely a tourist delight, visiting the Taj Mahal always makes ones stay in India a memorable one. The mausoleum commissioned by the Shah Jahan fir his wife Muntaz Mahal is known internationally as a symbol of love.
The excellent structure made with precious and semi precious stones is better appreciated by physical presence. Its river front setting, surrounding gardens and reflective pools sets Taj Mahal aside from the other tourists’ destinations.

5. Pyramids of Giza, Egypt

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Among the top tourist destinations in the world is the Pyramid of Giza, this place takes ancient attractions to another level. It was built over 4500 years ago. It has always been a generational tourist site.
Located just outside Cairo the capital city, the Pyramid is easily accessible, taking a ride around the structures is a memorable experience.

6. Great Wall of China

Photo Credit
China is known for its modern cities and towering sky scrapers, the Great Wall of China built in the 14th and 17th centuries is a strategic edifice that all who visits China should behold.
Strolling along the top of the Wall provides an incredible view of the structure showing off at a distance. Many travelers crave to visit this place over and over again because of its enriching experience.

7. Borobudur, Indonesia

Photo Credit

Borobudur is no doubt Indonesia’s top tourist destination. It dates from the 9th century and one if not the largest Buddhist temples in the world.
A visit to this place is overtly something to remember especially early in the morning when you would have the best chance of experiencing the early mist and the volcanoes would be at its clearest.

8. Stonehenge, England

Photo Credit
Stonehenge is a wonder on its own, seeing this place keeps you wondering what went on over 4,500 years ago. It is a site for historians and has always captured the attention of countless visitors. The number of visitors that descend on Stonehenge can not be over emphasized.
A visit to this place leaves a truly memorable experience. A trip to London might not be complete without an experience at the Stonehenge.

9. The Acropolis, Athens

Photo Credit

Situated in Athens, the Acropolis draws you up and it’s one of the ancient views you can’t afford to wave aside. As you walk between the meticulously constructed ancient buildings, lingering and watching the sun set from the stairs near the entrance which is more or less a nightly ritual in Athens. This is a beautiful tourist destination you would love to see.

10. Sydney Opera House

Photo Credit

This is another top tourist attraction in the world. The Sydney Opera House is easily identifiable and accessible. A photo of yourself in front of the white sails screams “Australia “.
The Sydney Opera House was built and opened officially in the late 1973. Taking a tour inside to see the unique shape and hear the exceptional acoustics is one of the major experiences the building accords.

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In Cryptocurrency

Five Cryptocurrency Coins for Long Term Investors

October 27, 2021 No Comments

Many cryptocurrencies are now available, and the value of many of these assets has skyrocketed in recent years. The value of cryptocurrencies has risen dramatically in recent years as a new generation of internet enthusiasts, wary of big finance and eager to capitalize on the potential of a globally connected digital network, invest time and resources to the creation and promotion of new cryptocurrency products and services.

A cryptocurrency is a type of digital currency that is not regulated by a central authority, such as the government. Instead, it is built on blockchain technology, with Bitcoin as the most frequently utilized example. Investors are beginning to see them as beneficial not only for short-term profits but also for long-term investment. Which ones, however, should you invest in? We’ll go over some crypto coins that have routinely topped the market cap charts to make things easier for you. Because of their relative stability, these could be ideal long-term investment possibilities.

#1 Bitcoin – BTC

Bitcoin is the world’s most widely used and favoured cryptocurrency. As more investors grow interested in this “digital gold,” its value is rising. Bitcoin is the oldest cryptocurrency on the market. It’s easy to see why it’s at the top, with a much higher price, market valuation, and volume than any other investment option. Despite the fact that there are thousands of different cryptocurrencies on the market, Bitcoin still accounts for more than 40% of the overall market capitalisation. Regardless matter whether Bitcoin’s price grows or decreases, it will continue to dominate the cryptocurrency sector. Strong liquidity will benefit traders as long as it exists, regardless of market volatility.

#2 Ethereum – ETH

Ethereum is more than digital money when compared to Bitcoin. It’s also a network that allows programmers to create their own coins by utilizing the Ethereum network. While Ethereum trails Bitcoin in terms of value, it outperforms its competitors. In 2021, the price of ETH increased, although for different causes than the price of Bitcoin (BTC): For example, Ethereum made headlines when a work of digital art was auctioned for more than 38,000 ETH – or 69.3 million USD – making it the world’s most expensive NFT.

#3 Binance Coin – BNB

Binance Coin is one of the few cryptocurrencies to have surpassed its 2017 high. During that year, there was a bull market, and the prices of all cryptocurrencies rose in tandem, reaching a peak before plateauing and decreasing in value. Binance Coin users receive a discount on transaction fees on the Binance Exchange as an incentive. BNB can be exchanged or traded for other cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and others. Binance Coin started off as an Ethereum-based ERC-20 token before becoming the native currency of Binance’s own blockchain, the Binance Chain, in July 2017. Since 2017, Binance Coin has been on a slow but steady growth trajectory.

#4 Cardano – ADA

Cardano’s currency, ADA, briefly broke the $3 mark before settling at $2.34 at the time of writing. While some may say that BTC and other large crypto players artificially inflated the Cardano price, the truth is that this has been planned for quite some time. Cardano is up 1600% year to date. As a result, in 2021, the ADA will be among the best-performing cryptocurrencies.

#5 Uniswap – UNI

The UNI price action has been fairly strong since the turn of the year. Since the beginning of 2021, UNI has outperformed a number of other DeFi currencies. Since January 1, 2021, when it touched an all-time high of $44.97 on May 3, the token has gained about 800% Despite the fact that the token’s value has recently plummeted, investors continue to flock to the UNI market due to the project’s strong fundamentals. UNI has recovered in recent weeks, according to technical analysis, and has overcome some significant difficulties to reclaim the $33 support. Users may trade cryptocurrency on Uniswap without needing to open an account with a cryptocurrency exchange. Instead, connect your Ethereum wallet to the Uniswap website and begin trading cryptocurrency directly from your Ethereum wallet.

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