Best Long Term Crypto Investment Australia 2023 Revealed
Since many projects revolve around cryptocurrencies out there, focusing on the most relevant ones in such a scenario is imperative. However, choosing the right project that meets our needs can be challenging, especially when trying to find one that will allow us to invest for a long-term return on our investment.
However, in our guide to the best long crypto investments in Australia, we aim to provide you with the most worthwhile investment options to avoid this arduous task and help you make an informed choice.
Best Long Term Crypto Investment Australia 2023 (list)
- LBlock (Lucky Block) – The Best Crypto Lottery To Invest In
- Bitcoin BSC – Navigating the Cryptocurrency Landscape on Binance Smart Chain
- Sonik Coin – One of the newest meme projects in the crypto market with long term potential
- Launchpad XYZ – Pre-sale Cryptocurrency that might generate long-term profit
- yPredict – All-in-one project that can bring profit to investors in the medium and long term
- Chimpzee – Project with potentially positive long-term impact, both for investors and the planet
- XRP20 – A new chance for a profitable long-term investment
- BTC20 – New cryptocurrency that promises to follow in the footsteps of Bitcoin
- DEFI (DeFi Coin) – Outstanding DeFi Token For Long-Run Investments
- (BTC) Bitcoin – The Most Famous Cryptocurrency To Invest In A Long-Term
- ETH (Ethereum) – Second-largest Market Cap Crypto For Long-term Investments
Best Long Term Investment Australia 2023 – Reviewed
1. LBlock (Lucky Block) – The Best Crypto Lottery To Invest In
Lucky Block is our next recommendation for the best long-term cryptocurrency investment for 2023. With this initiative, users worldwide can play lottery games with lucrative jackpot prizes using mobile apps and desktop software interfaces.
Using Lucky Block, you would be able to play the lottery with cryptocurrencies through a decentralized application. It means no centralized party is in charge of collecting the proceeds of tickets or determining the outcomes of the number drawing.
The project was built to make it much easier for internet users to play the lottery transparent, fast, and modernly without geographical restrictions, boosted by blockchain and smart contract technology.
No jurisdictional restrictions apply to the lottery game. However, in conventional lotteries, which cater primarily to citizens and residents of the respective countries, the jackpot prizes generally are very small compared to the huge prizes available in lotteries such as Lucky Block.
In addition, many people interested in investing in cryptocurrencies see the high growth potential for the Lucky Block project as another reason they view it as an interesting investment opportunity. Since it is a new cryptocurrency that has just been introduced to the market, there is a high possibility that its price will shoot up violently as it is currently experiencing an expansion phase, which means that its odds of shooting up are extremely high.
Investing in Lucky Block is as simple as buying an allocation of its native crypto token (LBLOCK). After a long correction caused by Bitcoin’s correction in the markets, Lucky Block’s price appears to have stabilized at a base of $0.0009818.
According to Coinmarketcap, the company’s market capitalization has been reduced to $40 million in response to this global crypto market correction. In other words, now is a suitable time to buy LBLOCK.
Your money is at risk.
2. Bitcoin BSC – Navigating the Cryptocurrency Landscape on Binance Smart Chain
Bitcoin BSC stands as an innovative BEP-20 token rooted in the Bitcoin legacy, constructed on the Binance Smart Chain. This project empowers cryptocurrency investors to obtain a token closely tied to Bitcoin’s inception, originally priced at $0.99 in 2011.
In essence, Bitcoin BSC introduces a fresh avenue for cryptocurrency investment, holding the potential to emulate Bitcoin’s historic success. It’s essential to underline that despite their similarities, Bitcoin and Bitcoin BSC are distinct entities. The former operates as a Proof-of-Work cryptocurrency, while the latter adopts the Proof-of-Stake consensus mechanism.
Back in 2011, when Bitcoin was valued at a mere $0.99, it remained a niche investment, attracting only a select group of enthusiasts. Today, Bitcoin stands unchallenged as the foremost cryptocurrency, commanding an impressive price of $25,735 at the current moment.
Those who ventured into Bitcoin early on have witnessed their investments multiply manifold since its humble beginnings. Bitcoin BSC holders now find themselves presented with a comparable opportunity, as forecasts indicate significant potential for growth in its value.
Tokenomics holds a pivotal role in the assessment of any reputable presale opportunity. Here, we explore the distinctive tokenomics of BTCBSC that set it apart from other investment options.
The Bitcoin BSC presale unfolds in two phases, with the initial phase designated as the soft cap. This soft cap signifies the minimum funding required by the team to advance the project successfully, ensuring favorable conditions. With the token priced at $0.99, the soft cap sets an ambitious fundraising goal of $3.96 million.
Your money is at risk.
3. Sonik Coin – One of the newest meme projects in the crypto market with long term potential
Not all crypto investors are looking for long-term investments. Many prefer projects that offer them a chance to get rich in the short term. You can’t please everyone. Or can you?
A new crypto project that is in the meme zone has made its appearance on the market through a pre-sale campaign and has every chance of being of interest to both investors who want to make a long-term profit and those who want a new crypto that might explode in price several times. Inspired by the famous cartoon character, Sonik Coin comes with a new approach to the market, in the context where investors during the presale campaign have the opportunity to stake their tokens before the presale ends.
$SONIK is an ERC20 token with a transparent contract and an experienced developer team behind it. The project offers investors a very fast staking system – with the possibility of staking tokens for short periods, starting from just 7 days. Right now, the $Sonik presale is in full swing and the price of one token is only $0.000014. Because there is the possibility to make passive profits through staking and the price of the token allows for speculative profits in the future, Sonik is currently the best new meme cryptocurrency on the market.
Your capital is at risk
4. Launchpad XYZ – Pre-sale Cryptocurrency that might generate long-term profit
Investing in Launchpad XYZ is not just an opportunity, it is a smart strategy for those who want to strengthen their portfolio with valuable crypto assets and place themselves at the forefront of the Web 3.0 revolution. This innovative platform has all the ingredients to generate long-term returns and give investors a significant edge in a changing financial world.
One of the main reasons why investing in Launchpad XYZ can be profitable in the long term is its comprehensive approach. The platform combines functionalities such as NFT DEX, fractional asset market and custom trading terminal, providing an all-in-one solution for investors of any experience level. This approach not only maximizes opportunities, but also optimizes trades, thereby increasing earning potential.
Launchpad XYZ made the smart move to launch in a pre-sale stage. By buying $LPX tokens in this phase, investors benefit from lower prices and can buy more tokens with the same amount. This creates fertile ground for growth once the project launches on exchanges and prices begin to fluctuate. This strategy can bring significant returns in the medium and long term.
Another reason why investing in Launchpad XYZ can be profitable is based on the value of the $LPX token in the ecosystem. Being supported by the entire ecosystem of the project, the token has the potential to increase in value as the project develops and attracts more users. Since the price of LPX at the moment is quite low (only $0.0445), experts believe that it could be a good opportunity to become an early investor right now – with a single click on the button below.
Your money is at risk.
5. yPredict – All-in-one project that can bring profit to investors in the medium and long term
In a crypto landscape marked by innovation and opportunity, yPredict stands out as a project that promises to redefine the way we look at investing in the digital age. With a blend of artificial intelligence and advanced technology, yPredict positions itself as a potential profit generator and catalyst for change in the crypto landscape.
One of the reasons that make the investment in yPredict inspired relates to the technological power it brings to the table. Using artificial intelligence, the platform can analyze market data, trends and patterns with great precision. This not only adds a level of confidence to the investment process, but also opens up opportunities to better understand the dynamics of financial markets.
More than a cryptocurrency, it is a gateway to the detailed exploration of financial markets. With detailed technical analysis and forecasting tools, investors can make informed decisions, avoiding unnecessary risks and pursuing truly promising opportunities.
Investing in yPredict is a smart choice and from the perspective of the moment. Launching the project through a pre-sale campaign opens a window of opportunity for investors. Attractively priced at this stage, they can benefit from lower price ($0.1 per toke) and build a significant portfolio before the stock market launch. This strategy can bring substantial benefits in the future when the demand for the $YPRED token increases.
Your money is at risk.
6. Chimpzee – Project with potentially positive long-term impact, both for investors and the planet
Chimpzee stands out as a crypto project that recently entered the market through a pre-sale campaign, adhering to the already recognized model in the cryptocurrency space. What makes Chimpzee exceptional is its deep commitment to the environment and biodiversity. Its goal is to help protect endangered species and combat illegal deforestation, doing so through an innovative crypto structure.
In the current phase of the presale campaign, the value of one $CHMPZ token is 0.00085 USDT, with a clear prospect of increasing to 0.00095 USDT after the completion of this phase. With the listing on exchanges, the price is expected to initially rise to 0.00185 USDT and then be influenced by supply and demand.
One of the main reasons why Chimpzee can be considered a good long-term investment idea is its combination of financial growth potential and positive impact on the planet. Thus, investing in Chimpzee is more than a financial decision, it is a step towards a better future for the planet and a generous earning potential. Such a project intelligently combines the value of cryptocurrencies with a significant social impact, providing the opportunity to contribute to the global good and strengthen your financial portfolio.
7. XRP20 – A new chance for a profitable long-term investment
In an ever-changing crypto market, XRP20 presents itself as a fresh opportunity for investors looking to build a portfolio with solid long-term prospects. If its name may make you think of the original Ripple XRP project, you should know that XRP20 is a distinct and autonomous entity that promises to be much more than a cryptocurrency. With a strong focus on sustainable profitability, XRP20 brings with it a new chance for investors.
One of the major reasons why XRP20 is an inspired investment relates to its approach to promoting long-term stability and growth. By implementing a deflationary structure, where a portion of each transaction is directed toward token burning, XRP20 provides the opportunity to encourage long-term holding and potentially reduce the total supply of tokens in circulation. This approach has the potential to support the growth of the value of each token, which can lead to significant long-term returns for investors.
Additionally, the fact that XRP20 is an investment in a growing project adds to its appeal. With a pre-sale campaign recently concluded, investors can now purchase XRP20 tokens on exchanges.
For investors looking to leverage their portfolio for the long term, XRP20 can be a prominent path to sustainable profitability.
Your money is at risk.
8. BTC20 – New cryptocurrency that promises to follow in the footsteps of Bitcoin
Inspired by the beginnings of cryptocurrency and the revolutionary impact of Bitcoin, BTC20 aims to recreate those historic days and give investors a chance to be part of a new paradigm. With a strong focus on simplicity and upside potential, BTC20 promises to follow a similar path to Bitcoin, giving investors an opportunity to cash in on a similar success story.
One of the key points that differentiates BTC20 is its quest to bring back the time when Bitcoin hit the market with a token value of $1. This approach is reminiscent of Bitcoin’s promising debut and may appeal to investors who regret not being a part of that initial revolution.
In addition, BTC20 features a staking structure that rewards token holders. This not only adds a dimension of active engagement, but also reflects the idea of long-term custody as often promoted by the Bitcoin community. Therefore, BTC20 not only aims to restore Bitcoin’s path, but also to preserve the fundamental values that have made Bitcoin a global phenomenon.
In an ever-evolving world, BTC20 stands out by not forgetting the roots and beginnings that defined the crypto space. By choosing to follow in the footsteps of Bitcoin, the project not only provides an investment opportunity, but also opens a way for investors to be part of a new success story.
Your money is at risk.
9. DEFI (DeFi Coin) – Outstanding DeFi Token For Long-Run Investments
DeFi Coin is also a good long-term crypto investment option. In the booming sector of decentralized finance (DeFi), DeFi Coin is an exemplary cryptocurrency token.
As a native token of the new DeFi Swap decentralized exchange (DEX), this token offers valuable swapping, staking, and yield farming services to users using its exchange.
As well as being the native token of the exchange, DEFC also has several other exciting features, such as ‘static rewards’ for holders, which are intended as an incentive to keep users on the exchange. DeFi Coin rewards are made possible by a 10% tax levied when people buy or sell the coin. In addition, a regular passive income stream is generated by distributing 50% of the collected amount back to DEFC holders as a reward.
DeFi Swap also automatically boosts liquidity by placing 50% of the remaining funds back into its liquidity pools. Furthermore, depositors receive attractive interest payments for lending their tokens to these pools, enabling DeFi Swap to facilitate token swaps.
Manual burning is also an option available to DeFi Coin holders. Tokens will be permanently removed from the total supply appropriately by the management team and community. In the long run, if demand remains the same or increases, this process will make the remaining coins scarcer, resulting in price increases.
Your money is at risk.
10. (BTC) Bitcoin – The Most Famous Cryptocurrency To Invest In A Long-Term
Bitcoin is undoubtedly one of the best long-term crypto investments Australians should consider in 2022. While initially designed to replace fiat currencies at the time of its creation, it has become a widely accepted store of value and an effective hedge against the risk associated with traditional investments. Of course, Bitcoin’s price action is hugely volatile but has not stopped it from attracting investment interest, as seen from the growing dominance of Bitcoin in the market.
With Bitcoin down around a third of its all-time highs around $69,000 in November, the market has been shaken. Despite this, Bitcoin holds much potential in the future, as it has been one of the most successful investments for the last 10 years.
As a result of Bitcoin’s previous performance, some investors may be more confident in its full recovery. For example, a huge drop of 83% in bitcoin prices was recorded in 2018 before the cryptocurrency reached new highs in 2020 and 2021.
In addition, network upgrades to add functionality are expected to make the platform more useful and increase the coin’s value in the future.
You do not need to risk a lot of money when you invest in the world’s most valuable digital asset through popular crypto exchange eToro – just $10 to get started. Hence, investors on a tight budget will be able to buy Bitcoin on eToro by purchasing just a fraction of a token.
Your money is at risk.
11. ETH (Ethereum) – Second-largest Market Cap Crypto For Long-term Investments
In terms of market capitalization, ETH ranks second behind Bitcoin. Both Ethereum and its native cryptocurrency are blockchain platforms. Although Bitcoin can be used as a store of value, Ethereum has also emerged as one of the best platforms for creating decentralized apps, also known as dApps.
Because the platform supports smart contracts, it has become a favorite for developers. Especially when it comes to non-fungible tokens, altcoin issuance, and games based on the blockchain, Ethereum is one of the go-to chains.
The Ethereum blockchain is also being used by a growing number of high-profile companies worldwide to build their own applications. Because of its flexibility and scalability, Ethereum is rapidly becoming the blockchain that large institutions prefer because of its versatility and scalability.
Additionally, there is an upgrade being carried out on Ethereum currently. It was initially named Eth2 but has now been officially renamed The Merge. Its implementation is expected to help the Ethereum blockchain transition to a proof-of-stake consensus algorithm in the long run as it will enhance the network’s efficiency, security, and sustainability.
ETH is expected to turn into a deflationary asset throughout the Merge, enhancing its appeal as a possible inflationary hedge. However, staking will also result in a growing amount of ETH that can’t be traded because it’s locked up. Due to the principle of supply and demand, this could naturally increase the price of ETH.
It is no surprise that July’s ETH rally has been driven by optimism regarding the expected The Merge in September, with some analysts predicting that the value of Ethereum could more than double this year, despite some analysts doubting the effects of The Merge.
Your money is at risk.
Where to Invest in Long-Term Crypto
1. eToro – Buy & Exchange The Best Cryptocurrencies For Long-Run Investments
If you want to invest in crypto projects at this very moment, then eToro is by far the best platform to consider when it comes to doing so. Among the 70+ cryptocurrencies supported by this top-rated platform, there are Bitcoin and Ethereum. Furthermore, there are no commissions or hidden fees at eToro, so you don’t have to pay anything when you trade your preferred crypto market – spreads start around 0.75% for Bitcoin and 1% for altcoins, for example.
Consider the eToro Crypto Portfolio if you’re looking for a way to reduce risks by investing in several different cryptocurrencies. eToro’s team regularly rebalances, reweights, and manages the portfolio, which consists of more than a dozen digital assets.
There is also a portfolio of DeFi coins and the best new crypto coins that you can check out. Additionally, for a passive way to gain exposure to the crypto markets, investors can copy another eToro trader to copy them like-for-like. There is just a $200 minimum outlay required per trader, which is a way to trade crypto daily with a low risk involved.
This combination of features has made eToro one of the best bitcoin and cryptocurrency margin trading platforms for both beginners and experts over the past few years, proving it to be both a social trading interface and one of the best platforms for cryptocurrency margin trading.
It is also possible to download a free eToro mobile app from the eToro website. By doing so, investors can trade crypto on the go while they are on the go. You may also want to consider eToro to stake crypto-currencies like Ethereum, as eToro offers 5-6.25% annual returns.
With eToro, the minimum deposit requirement is just $10, and you can start trading immediately. The Australian Securities & Investments Commission (ASIC) regulates the security of eToro so that consumers can rest assured. It should be noted that CySEC, SEC, and the FCA have also licensed the broker.
- Trading over 70 cryptocurrencies
- Deposits as low as $10
- Regulated by ASIC and a number of top-tier institutions
- Several payments such as credit/debit cards are accepted
- Easy-to-use trading app
- Fees associated with the conversion from Australian dollars to US dollars
75.26% of retail investor accounts lose money when trading CFDs with this provider
2. OKX - The Best Crypto Platform Powered by Blockchain Technology
As a second choice on the list, we have found a promising exchange with low exchange fees that is a good option for Australian cryptocurrency investors: OKX. This is an innovative cryptocurrency exchange with an advanced financial system that includes trading, investment, and learning resources. All are built based on blockchain technology.
OKX offers excellent primers and advanced financial services for those unfamiliar with cryptocurrency. In addition, it boasts an impressive list of services with flexible borrowing options and interest-earning opportunities on staked tokens. Moreover, If you are interested in crypto mining or DeFi liquidity mining, OKX provides simple and complex trading tools.
OKX's interest-bearing staking accounts support 100 different tokens and projects. Whether you choose a fixed or flexible holding period, each token offers its annual percentage yield (APY). As you may be aware, some of the coins have minimum stake requirements that you must adhere to stake them. For example, Ethereum only allows you to stake 0.02 ETH.
Security procedures for hot and cold wallets are in place at OKX. They store their funds offline in a cold environment, thus preventing hackers from accessing them. Using a cold wallet storage system requiring confirmation by two authorized personnel, OKX holds 95% of its funds offline.
There are several advantages that OKX has over its competitors, including an easy registration process, a user-friendly mobile app, and an exchange platform that allows you to trade crypto almost instantly.
- Passive income is possible
- Most transactions have a low trading rate of 0.10% or less
- Decentralized finance is possible with the OKX blockchain
- Cryptocurrencies can be bought with a credit card, bank account, or digital wallet
There is a lack of liquidity in some currencies
Your money is at risk.
3. Crypto.com - Low-Fee Crypto Trading Platform For Australian Long-term Investors
Crypto.com is another great website to consider if you're considering investing in cryptocurrency at an affordable rate. Due to its stellar reputation and nearly 10 million users worldwide, Crypto.com is considered one of the Australian investors' most popular crypto exchanges.
The platform allows users to trade more than 150 cryptocurrencies, which can be exchanged through the mobile app or the web-based platform provided by Crypto.com. In addition, an NFT app is also available for selling and buying NFTs on the exchange.
Users with CRO in their wallets can reduce Crypto.com's maker/taker fees by 10% if they hold the cryptocurrency. For crypto deposits on Crypto.com, there are no fees charged, but for crypto withdrawals, the amount charged is based on the specific coin being withdrawn.
Buying crypto on Crypto.com is very convenient as it allows customers to use their credit or debit cards directly to purchase crypto instantly. However, a 2.99% fee is attached to this transaction, even though the fee is waived for the first 30 days.
The Crypto.com trading app for Android is a user-friendly application designed with beginners in mind. It features real-time price data and trending tickers on its main homepage, making it easy to use by even the most novice traders. Moreover, various timeframes are also available for users to view price charts and certain statistics on each crypto.
Additionally, with the Crypto.com VISA card, users can use their crypto as if it was FIAT currency - there are no annual fees, and you can earn up to 8% cash back from your purchases.
- Native token with added utility, Cronos (CRO)
- A truly exceptional mobile application
- Various cryptocurrencies to choose from
- Low-volume traders pay higher trading fees
- Only cashback rewards are paid out on CRO
Your money is at risk.
5. Binance - Leading Cryptocurrency Exchange With Several Long-Term Investment Possibilities
As one of the biggest cryptocurrency exchange platforms on a global scale, Binance is an international platform that operates in over 100 different countries.
Those who require a cryptocurrency exchange service provider with some of the lowest fees in the cryptocurrency industry might be best served by this cryptocurrency exchange service provider. It is worth noting that the platform follows a maker-taker structure concerning fees. Users will pay the biggest fee of just 0.10% when investing in Bitcoin on the platform.
Moreover, there is also a tool to buy the native cryptocurrency token of the exchange, known as BNB cryptocurrency, which can be held in your Binance account to take advantage of an additional fee reduction. It is important to note that Binance accepts credit and debit cards as payment methods when buying Bitcoin and Ethereum in Australia. Nevertheless, on average, the fee associated with this service is 2%.
The platform also offers a peer-to-peer marketplace, where users can purchase Bitcoin (BTC) directly from other sellers. Over 500 tokens are listed on this exchange, making it a highly preferred choice for investors and traders.
- Industry-leading trading fees
- A wide range of cryptocurrencies
- Various services are available
- An advanced trading platform
- Beginners may find it difficult to use
- A high withdrawal fee
Your money is at risk.
What is a long-term investment?
Investing in long-term assets means an individual or a company intends to hold the assets for over one year. Investments that can be made for the long term include not only cryptocurrencies but also stocks, real estate, cash, and various other instruments. As long-term investors, you will need to take on a substantial amount of risk to achieve higher returns over the long term.
Regarding long-term investments, their prices do not tend to fluctuate due to temporary market fluctuations. As a result, it might be essential to write down the value of such investments to reflect the declining market value.
What are the benefits of long-term investments?
It is less time-consuming
In the long term, investing is considered a less time-consuming activity because investors do not have to monitor the markets for minute fluctuations constantly.
There are fewer transaction fees
Most of the costs associated with investing, excluding the risk factor, can be attributed to brokerage fees and capital gains taxes. There are fewer transaction fees for long-term investors, or at least at a lower rate than for short-term investors. As long as the capital gains taxes are deferred, many investors can benefit from compounding returns in their bank accounts. The tax rate on capital gains is also lower than that on short-term profits.
Is crypto a good long-term investment?
Despite the risks such as volatility, cryptocurrencies and the blockchain industry are growing stronger. As a result, much-needed financial infrastructure is being built, and investors are increasingly able to access institutional-grade custody services. In addition, professional and individual investors are gradually receiving the tools they need to manage and safeguard their crypto assets.
The increasing adoption rate of cryptocurrency indicates a developing and maturing industry, even though other factors still affect its riskiness. As a consequence, more companies and individuals are estimating it to be a secure investment option that is appropriate for large sums of money to be invested.
If you are looking for an investment that will give you direct exposure to the demand for digital currencies and their ecosystem over the long-run, crypto projects such as the ones mentioned above would be an excellent choice. The simplest and most viable approach is to adopt a long-term buy-and-hold strategy to protect yourself from volatile short-term waves.
Alternatively, a safer but potentially less lucrative alternative is buying the stocks of companies with exposure to cryptocurrency.
Best Long Term Crypto Investment Australia 2023 - Conclusion
In summary, Tamadoge could be a good long-term crypto investment for those looking for a project with big potential. This meme coin aims to become the best meme coin on the market by utilizing the power of the ‘Doge’ aesthetic to create a community that is proactive and involved in its development.
Among the many features of Tamadoge that make it unique is the absence of transaction taxes. This makes it much more engaging for investors to purchase or sell TAMA tokens and allows them to keep a more significant share of their earnings.
Your money is at risk.