There’s no denying that cryptocurrency is here to stay. It’s growing so quickly that it’s already become the third most popular investment asset class—after stocks and bonds—behind only gold and real estate. It’s easy to understand why, though. Cryptocurrencies are decentralized, secure, and feature low fees. They allow people to spend or send money anywhere in the world without needing bank or broker assistance. For investors, that means greater risk but also the potential for huge rewards. Plus, the cryptocurrency market is huge, with hundreds of different coins and thousands of new companies entering the space every day.
Cryptocurrencies are a hot new trend in investment and with good reason. In a recent CNBC survey, 80% of respondents said they had heard of Bitcoin—and 81% had an opinion about it. And investors around the world are jumping into the cryptocurrency craze. But which cryptocurrency should you buy?
Most Popular Crypto Today
Cryptocurrency is one of the most popular forms of digital money today. It is a decentralized digital currency that runs on blockchain technology, basically a distributed transaction ledger. Bitcoin, the first cryptocurrency, was created in 2009 and has since become the most popular cryptocurrency. Bitcoin can be purchased from Bitcoin exchanges, which are similar to stock exchanges, and traded for other currencies or goods.
Bitcoin (BTC) is the most popular cryptocurrency in the market today and remains the most valuable cryptocurrency in terms of the total market cap. But, as we all know, BTC is just one cryptocurrency in the market. Many other cryptocurrencies are gaining a lot of traction and popularity, including Ripple (XRP), Ethereum (ETH), IOTA (MIOTA), and Bitcoin Cash (BCH).
Top-Rated Crypto Investments
The cryptocurrency market is growing every minute. This is why some of you may wonder how you will be able to make millions in cryptocurrency. Well, the truth is, you will be able to make millions if you invest your money in the right place. And if you are looking for the right place to invest, you have come to the right place.
Bitcoin (BTC) is the most popular cryptocurrency. It has been around for over 10 years and has proven to be a very secure investment. However, other cryptocurrencies have proven to be worth investing your money in. Here is some other Crypto that is worth investing in:
Ethereum (ETH)
Ethereum (ETH) is a cryptocurrency identified by the ETH symbol. It is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. ETH was created in 2015 by Vitalik Buterin, a programmer from Belarus, and was released as open-source software in 2015.
Tether (USDT)
Tether is a free and open-source decentralized cryptocurrency built on top of Bitcoin’s codebase. It is a cryptocurrency issued by Tether Limited and can be redeemed for fiat currencies on the blockchain, such as US dollars, Euros, and GBP. Tether is currently the most popular arbitrage cryptocurrency traded against Bitcoin and major fiat currencies.
US Dollar Coin (USDC)
Mintage of 1 million pieces. The USDC is a fiat-backed stablecoin, a digital token pegged to the value of the US dollar. The USDC’s value will be backed by the value of the US Dollar, which is represented by the US Department of the Treasury.
Binance Coin (BNB)
Binance is the world’s largest cryptocurrency exchange by volume. They started back in 2017, and with the Binance coin, they have made the trading of crypto even easier. BNB is an ERC20 token and is issued by Binance. You can use it to buy other tokens, use it to pay for trading fees, and sell them for USD directly.