Crypto-currencies have created a strong place in the trading market field and enhanced their value for decades of years. The trading marketplace is well-equipped with various choices and it’s a quite difficult task to choose a perfect one. In today’s time more and more people are interested in buying these crypto-currencies due to their highly increased popularity. In simple words, Crypto-currency is a currency that takes the structure of coins or tokens and is present on scattered & distributed groups.
The word “Crypto” in crypto-currencies referred to complex cryptography that permits the formation & processing of digital currencies and their transactions across scattered systems. This digital money takes the structure of coins or tokens, while some crypto-currencies have progressed into the physical world along with credit cards or other projects. Crypto-currency uses blockchain technology for creating distributed networks. The best cryptocurrency for purchasing is mainly determined by your technical knowledge and risk appetite.
There are ways to obtain crypto in more than just one way and buying it directly is perhaps one of many ways. Do look into crypto mining, several high-quality mining equipments can easily be bought online and with a service like parcel forwarding, one can easily have it anywhere in the world.
List of Top 10 Cryptocurrencies
Here is a list of Top 10 Cryptocurrency to buy:-
This original crypto was launched in 2009 and was invented by an individual or group of people operating under Satoshi Nakamoto. It operates on blockchain technology or ledger logging transactions distributed across thousands of computers network. It is still the most famous and well-known cryptocurrency and its price movement have a powerful impact on the rest of the crypto market. This decentralised digital currency can be sent from user to user on a peer-to-peer bitcoin network without using intermediaries. It includes no single administrator or central bank. The Network nodes use cryptography for verifying the transactions, which are subsequently registered in the blockchain.
It is the second-largest cryptocurrency after Bitcoin in terms of market capitalization and was launched in 2015. This distributed software platform allows for smart contracts and decentralised applications to be created and operated without facing any downtime or third-party interference. The main purpose behind Ethereum is to build distributed suite of financial products that can be freely accessed by anyone in the world. This blockchain network includes its cryptocurrency (Ether) and its programming language known as solidity. This open-source blockchain-based platform that lets users create & share business, financial services and entertainment applications. Ethereum is used for decentralized finance, the exchange and production of non-fungible tokens and several initial coin offerings.
Guest Crew Coin (Guest)
This is a new coin that powers the GuestCrew online community. The GuestCrew influencer marketing community is a self-sustaining community where marketers share content and receive social media promotion from their members and in return, the member’s earn Guest coins. This coin is in a pre-ico stage which is why the rates are pretty low and perhaps it is the best time to grab some before the bandwagon starts to move and the rates along with it.
It is a unique proof of stake cryptocurrency that aims to deliver interoperability among the blockchains. Its protocol is designed for linking permission &permission-less blockchains, as well as oracles, that allows the system to work under one roof. Rather than just creating decentralized applications on Polkadot, developers can also create their blockchain, while using the security that polka dot’s chain already includes. It was founded by Gavin Wood, Peter Czaban and Robert Habermeier.
It was launched in the year 2011 and was among the first cryptocurrencies to follow in the track of Bitcoin. It has placed itself as a technologically superior and more practical alternative to Bitcoin. It is based on an open-source global payment network that is not managed by any mid authority and also it uses the script as a work-proof that can be decoded using consumer-grade CPUs. It includes a speedy block generation rate and also offers a quick transaction confirmation time. It holds $10.1 billion of market capitalization, whereas per token values $153.88, which makes it one of the sixth largest cryptocurrencies in the world.
This crypto-currency was founded by software engineers Jackson Palmer and Billy Markus, who decided to build a payment system as a joke, making fun of rampant speculation cryptocurrency at the time. On 9th May 2021, SpaceX declared a Dogecoin-funded rideshare journey onto the moon, making it the first funded-space trip cryptocurrency.
Cardano is a third-generation, distributed proof-of-stake blockchain platform, founded in 2015 by Charles Hoskinson who is also a founding member of Ethereum. This open-source project holds the aim of creating a public blockchain platform for smart contracts. The Cardano team has created its blockchain using enormous experiments & peer-reviewed research. The researchers of this project have written more than 90 papers on blockchain technology across various topics, and this research is the mainstay of Cardano. The Cardano platform runs on the Ouroboros Consensus protocol and the developments are informed by scholarly academic research. Cardanowanted to be the world’s financial operating system by setting up decentralised financial products and giving solutions for chain interoperability and legal contract tracing among various things. Cardano also holds $9.8 Billion of market capitalization.
Binance Coin (BNB)
This cryptocurrency can be used for doing trading and paying fees on Binance, which is one of the widely-used crypto exchanges across the world. It was founded by Changpeng Zhao, launched in 2017 and operates on Ethereumblockchain with ERC-20 Token. It holds a market capitalization of $6.8 Billion, whereas 1 BNB has a value of $44.26.
It was launched in 2014, popularly known as Stable-coins, which was the first cryptocurrency to peg the market value to a currency. It describes itself as a blockchain-enabled platform, which is designed to facilitate the use of fiat currencies digitally. It allows an individual to use a blockchain network and related technologies to negotiate in traditional currencies while minimizing the volatility and complications frequently related to digital currencies. It is the third-largest cryptocurrency and holds $24.4 billion market capitalization, whereas per token has a value of $1.
This digital payment network was first released in 2012 and used to do financial transactions. It was created by Ripple labs as a payment token to be utilized on its distributed payment system. It is used with a validation nodes network instead of a blockchain network and also it holds $26.8 billion of market capitalization.
This crypto exchange protocol was launched in 2020 and works on a decentralized basis network. It is an Ethereum based token that powers Uniswap, which utilizes an automated liquidity model for trading purposes. It is powered by smart contracts and pooled user resources and there is no central facilitator like broker-dealer or bank. Since it is an open-source platform, hence the code could be used by anyone for creating their exchanges. It holds $15.2 billion of market capitalization, whereas one UNI trades values $29.21.
These Crypto-currencies or digital money are created to be free from the control & manipulation of government, even though they have become more popularized. The crypto-field is always expanding and the next great digital token may be released tomorrow, who knows. Bitcoins are broadly seen as a settler in the crypto-currency world. From Bitcoin to Ethereum to Tether and Dogecoin, there are large numbers of crypto-currencies available to get you started in the crypto-world. This digital money is gaining more popularity, as the interest in it is growing rapidly among many people due to its high value. It is a digital asset type that can be used as a mode of payment, and also it could be used to sell and buy things, but not extensively like an Indian Rupee or US Dollar.
So what are you waiting for?
Just purchase and invest in these valuable crypto-currencies.