Cryptocurrency To Trade: In the last few years, cryptocurrencies have taken the world by storm, attracting the attention of more people than ever before. While there are many different cryptocurrencies available to invest in, these 10 are some of the best investments in terms of their popularity and market growth.
Whether you’re new to cryptocurrency or an experienced trader, learning more about these 10 cryptocurrencies will help you get your feet wet with this exciting new market and bring you closer to long-term success.
1) Bitcoin (BTC)
Bitcoin is one of the best cryptocurrency to trade and has been around for a while now and is the most well-known cryptocurrency. It is also the most valuable, with one BTC currently worth over $11,000. Bitcoin is a good choice for traders who are looking for stability and long-term growth potential. It’s no wonder it’s seen as the standard for cryptocurrencies!
2) Ethereum (ETH)
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum is the second largest cryptocurrency by market capitalization, after Bitcoin. And it’s had an even better year-to-date performance, gaining over 3,000%.
The majority of ICOs (initial coin offerings) are built on Ethereum. In 2017 alone, $2.3 billion has been raised through various Initial Coin Offerings from across the globe and this number is only set to grow in 2018. If you are thinking about trading cryptocurrencies in 2018 then ETH should be one of your top priorities.
3) Ripple (XRP)
Ripple is a distributed open-source digital currency, and also a real-time gross settlement system (RTGS), currency exchange and remittance network. Released in 2012, Ripple purports to enable secure, instant and nearly free global financial transactions of any size with no chargebacks. Ripple considers itself as both a payment network and a cryptocurrency. Its native token is known as XRP.
4) Litecoin (LTC)
Litecoin is a decentralized cryptocurrency that uses blockchain technology to enable instant peer-to-peer payments. LTC is one of the oldest and most established cryptocurrencies, having been founded in 2011. Despite being over 8 years old, Litecoin remains a popular choice for traders and investors due to its low fees, fast transaction times, and strong security. If you’re looking for an alternative to Bitcoin, then Litecoin could be worth considering.
5) Cardano
If you’re looking for a top cryptocurrency to trade this year, be sure to keep Cardano on your radar. Cardano is a platform for decentralized applications and smart contracts, and is the first blockchain project with a scientific philosophy.
The team behind Cardano is constantly researching and developing new features and improvements, which makes it an exciting project to watch. Plus, with a market cap of over $1 billion, Cardano is one of the most valuable cryptocurrencies currently in existence.
What’s more, many experts believe that Cardano could be the future of trading, as its technology can process faster transactions at lower costs than any other coin out there. It’s worth noting that before investing in any cryptocurrency, you should thoroughly research what it does and what its goals are.
6) Tether (USDT)
Tether is a stablecoin that is pegged to the US dollar. It is the oldest and most popular stablecoin, and is trusted by many traders. USDT is available on most major exchanges, and has low transaction fees.
Tether is a good choice for traders who want to avoid volatility, or who want to trade with USD without having to convert their currency.
7) NEO (NEO)
If you’re looking for a cryptocurrency with good long-term prospects, you can’t go wrong with NEO. Not only is it currently one of the 10 largest cryptocurrencies by market capitalization, but it also has a strong team of developers and partnerships with some major companies.
Plus, its unique Proof of Stake consensus algorithm gives NEO holders a chance to earn rewards just for holding the coin.
Read Also: How To Trade Giftcard In Nigeria
8) Zcash (ZEC)
If you’re looking for a privacy-focused cryptocurrency, Zcash is a great option. All transactions on the Zcash network are shielded, meaning that the sender, recipient, and amount of each transaction are kept private.
Zcash also offers users the option to selectively share this information for transparency purposes. Due to its focus on privacy, Zcash is a popular choice for those looking to trade cryptocurrencies anonymously.
9) Dash (DASH)
If you are looking for a good Cryptocurrency To Trade, you should consider Dash.
With a market capitalization of $1.5 billion, Dash is the 13th largest cryptocurrency in the world. And it’s only getting bigger. In January 2018, DASH was accepted as a form of payment by various organizations including Austrian energy company Heathen and Russian mobile phone provider MTS.
If you want to know more about trading this coin check out our post on Best Cryptocurrency for Day Trading.
10) TRON(TRX).
TRON is another best Cryptocurrency To Trade which is a blockchain-based, decentralized protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract platforms, including Bitcoin, Ethereum, EOS, Qtum, and other public chains.
TRON was founded by Justin Sun in 2017, with the aim to provide faster access to content on the internet. It aims to create a free content entertainment ecosystem where users can freely publish, store and own data, so that they can participate in the market development process as well as form healthy communities.
Which Is The Best Cryptocurrency To Trade?
Bitcoin, the granddaddy of all cryptocurrencies, is still the one to watch. But there are a few others that have great potential. One such cryptocurrency is Ethereum (ETH). For investors who want to get in on the ground floor of something new and different, Ethereum might be just what you’re looking for. In comparison to other digital currencies, it has much more room for growth. With any digital currency, it pays to do your research before buying any quantity.
Best Cryptocurrency Trading App In Nigeria
Looking for the best cryptocurrency trading app? Look no further snappyexchange.
Snappyexchange is the best cryptocurrency trading app. It has been designed for those who are new to trading and want a straightforward, easy-to-use interface. It can be downloaded on your android or ios device and takes just a few minutes to set up an account before you can start making trades.
It also provides live support 24/7 and promises that your funds will be kept safe at all times with their built-in security features.
Conclusion
If you’re looking to trade cryptocurrencies this year, here are 10 of the best options available. From established coins like Bitcoin and Ethereum to up-and-coming altcoins like Cardano and Polkadot, there’s a wide range of digital assets to choose from, and do not forget to trade your currency on snappyexchange which is the best cryptocurrency app.
