The Cryptocurrency is an undeniably trending term alluding to digitalized cash that can be bought, exchanged, mined, as well as sold safely utilizing cryptography, which scrambles and ensures the information used to help recognize and track digital money exchanges.
In contrast to customary regular cash we usually use, which exists in substantial hard form or is supported by something feelable like gold, cryptographic money is simply computerized cash and exists exclusively in the web. Moreover, cryptographic money, also known as crypto coin, isn’t supported or overseen by an approved outsider like a bank or government.
Moreover, cryptographic money exists as a protected, decentralized type of cash, with digital currency exchanges changed and confirmed by a system of computerized blockchain servers that aren’t associated with any one single element.
The most famous and used cryptocurrency is “Bitcoin.”
Bitcoin was invented by “Satoshi Nakamoto” in 2008.
But Bitcoinj and cryptocurrency were noticed by the world in the last few years only. Cryptocurrency is said to be the new way of “Payment.”
Cryptocurrency (Bitcoin) is the first decentralized digital cash system.
Now, most of you might not be doing this. That “crypto” are completely in the “Cloud,” means they do not have any physical form but only a digital/ virtual value.
How to Buy Cryptocurrency
It is very easy to buy cryptocurrencies. First of all, you will have to select a cryptocurrency trading platform.
There are many cryptocurrency platforms available. First of all, you will have to buy Bitcoin. And then later you can use Bitcoin to buy another alt coins.
There are many alt coins. We will look at the top 10 cryptocurrencies in this post itself. You can also buy it at https://1k-dailyprofit.com/
Steps to Buy Cryptocurrency.
- First of all, select a cryptocurrency platform according to your need and wants. Some of the famous crypto trading platforms are Binance, KuCoin, Coinbase, and Bitfinex.
- Then register at these crypto trading platforms. After you get successfully registered, you will have to link your bank account.
- Once the bank account gets approved, you would be allowed to transfer the amount from bank account to your trading account and vice versa.
- After you get balance from your bank account to trading account, then you can buy Bitcoin.
And you can use Bitcoin to trade and buy other Altcoins.
Top 10 Cryptocurrency in the World
1: Bitcoin:
Undoubtedly, Bitcoin is the most famous and popular cryptocurrency in the world. The value of bitcoin is very high.
There are several reasons for this. The very first reason is that it was the very first cryptocurrency which got invented.
The other big reason is that “Bitcoin” is accepted by many sellers.
2: Litecoin (LTC):
Litecoin was founded in the year 2011. And it was among the very few and first cryptocurrencies after Bitcoin.
A certain amount of trust is shown by the people in the Litecoin cryptocurrency.
3: Ethereum (ETH):
The market capitalization of Ethereum in 2019 was
$12.49 billion. It is the third most famous cryptocurrency in the world right now.
You can easily use bitcoin to buy and trade Ethereum coins.
Now many sellers have started to accept payments in the “Ethereum currency.”
4: Dash:
In Feb 2019, the market cap of DASH was $640 million and had a per token value of $74.
It is also one of the top cryptocurrencies of the world.
DASH was launched in the year 2014. And it has stood very strong since then.
5: Ripple (XRP):
In Feb 2019, the market capital of Ripple was $12.6 billion and a per token value of $0.308.
And undoubtedly it is one of the top 5 cryptocurrencies in the world right now.
Ripple was launched in the year 2012.
6: Enjin (ENJ):
Enjin (ENJ) is one of the best gaming coins at almost around $100M+ market cap value. Mainly known as gaming coin ENJ has already a network of 20 million players. It is integrated into many popular games including Minecraft.
7: Lota:
Iota offers decentralized storage, Oracles and currency exchange. While Iota is already worth $5B, they are a juggernaut, and they will most likely give Bitcoin a run for its’ money soon.
There is a lot of criticism towards Iota because it currently uses a coordinator to verify transactions before there are more nodes on the network, at which point it can be removed. However, it is a better step towards the safety of blockchain transactions.
8: Tron:
Why should we consider TRX now? TRON has recently acquired BitTorrent ( one of the largest torrent site), which allows for developing safe, decentralized torrenting methods in the future. For example, such innovations can help us to distribute files across a network and re-assemble them for user downloading.
Another one of TRON’s advantage is that it’s one of a few ERC20 tokens that have made it to MainNet. Although TRON’s growth isn’t as rapid as Ethereum’s, it has 300,000 accounts so far. At the moment, 1 TRX is worth $0.013, so it’s a good investment for traders with a shoestring budget.
9: SkyCoin:
The blockchain behind Skycoin was designed to replace Bitcoin and Ethereum altogether. It has a well-developed infrastructure that serves many purposes that makes it one of the top 10 cryptocurrency.
All in all, the Skycoin project can become a great alternative to the traditional Internet. At the moment, Skycoin costs around $0.92, and it might become one of your wisest investments in 2019.
10: Monero:
Monero is also used in the darknet market (for this reason, Coinbase isn’t likely to add it soon). The Monero blockchain boasts thought-through transaction schemes that involve ring signatures and stealth addresses that keep transactions private.
Like Bitcoin, Monero also has the proof of work verification standard: it means there’s always value behind XMR. Aside from that, Monero has strong community support because it’s based on the principles of decentralization and privacy — those are the key values for investors and traders.
The biggest advantage of Monero is that it has a superior mining algorithm. It’s designed so that ASICs wouldn’t have much technological superiority over usual computers owned by average users. It means that mining Monero would be simple for any user. Due to the absence of an entry barrier, Monero attracts more participants to fuel its development.
So, above is the list of top 10 cryptocurrency trending nowadays. I have arranged and rank them by their popularity, trend, and future. It is purely your choice in which to invest it so do proper research before investing.
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