Cryptocurrency is no longer reserved for suspicious users who are looking for weapons or illicit products in the dark web! Today, its use has been democratized and all Internet users can now use it to pay for their online purchases.
Moreover, with the huge success of this currency, there are some 12,000 different cryptos, other than bitcoin. A legitimate question then arises: what is the best cryptocurrency of the moment? Discover! Ranking of the 5 best cryptocurrencies of the moment
This new business is still unknown, but it must be said that in recent years, a large community has been introduced to the use of cryptos. With this meteoric rise, several virtual currencies have emerged. However, at present, the best cryptocurrencies are:
- The Binance Coin;
- The Cardano;
- Le Tether.
Bitcoin remains, of course, the most used and the oldest, with its 10 years of existence. Investing in one of these 5 cryptos, guarantees you a less risky investment with their rather high capitalization. Bitcoin (BTC)
Named king of cryptocurrency, bitcoin is for many people, synonymous with cryptocurrency! The problem with BTC is that its success has been accompanied by a very rapid rise in price. That’s why many investors are looking to look elsewhere.
Bitcoin is the most well-known cryptocurrency and therefore, the most used by traders. However, it should be noted that at its creation, BTC set a ceiling of 21 million. Today, we are already at 18.8 million, so it would be interesting to see a more recent alternative and it turns out to be Ethereum, created in 2015.
Moreover, despite its young age, this crypto is very well ranked since it is often in the second position after BTC.
Its value is 3,000 euros and does not undergo much variation, so you can keep it simple by buying the ETH when its value drops below 2,500 euros and resell it when it rises. The Rippel (XRP)
Want to vary? You do not want to opt for safe bets? Then the Rippel is your best choice. If the risk is important, so is the potential for gain!
In fact, Ripple is the very first crypto to benefit from financial support by institutions. It is used by several large companies like USB or Santander.
The biggest advantage of rippel is its price. According to specialists, its value could reach $ 1,000 (usable by several financial systems). Where to buy cryptocurrencies?
If you are a beginner in the field of cryptocurrency, then, we advise you to opt for simple, intuitive and easy to handle platforms, such as Etoro. It is a broker that offers several different cryptocurrencies, although it is only a trading site at its core. You will even be able to benefit from the experience of other traders via the social trading option offered by this broker.
If you want to preserve your cryptos in a real e-wallet, then Coinbase is your best option. Besides, all the confirmed traders have been there! This is the platform we refer to to buy BTC or Altcoins.
Now, if you want to have a wide range of cryptocurrency available to you, turn to Binance, which has several advantages. Playing with crypto: the new trend
Cryptocurrency is starting to make a place for itself in the daily lives of investors and individuals. Indeed, some physical stores how to accept payments in bitcoin! On the internet side, if you consult the online gambling site, you will see that you can now play with crypto. For example, if you like online gambling such as blackjack, roulette or the slot machine, you have the opportunity to bet your cryptocurrencies (Bitcoin, Litecoin, Ethereum, Tron) and cash out your winnings in crypto as well.
The advantage of playing with crypto is also a disadvantage: we are talking here about volatility. Cryptocurrencies, unlike traditional financial markets, are subject to significant volatility. Therefore, your Bitcoin will not have the same value at the time of winning. Nevertheless, it is a risk well known by players who prefer to optimize their chances of winning by betting with cryptocurrencies that can eventually be worth more than their original value. In case of winning, you have the possibility to change your cryptos into euros, keep them in your wallet or make purchases.
Article updated on March 15, 2022