4 cryptocurrencies you should invest on

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Avatar for ryosuke
3 years ago

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

So many cryptocurrencies has emerged since the creation of the bitcoin in 2008 which left people perplexed in what is the best cryptocurrency that perfectly suits their needs and they should start investing on.

Here I will mention the 4 cryptocurrencies that you should begin investing in them. Here we go

1-Ethereum (ETH):

Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality,and the reasons why you should invest in this latter is because it is growing in popularity,have the potential to revolutionise the future of all industries besides it has more applications than Bitcoin and Backed by Fortune 500 companies.

2-Litecoin (LTC) :

Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin has a high trading volume, marked by its speed of transactions and lower fees ,you can easily buy it using fiat-money such as USD, EUR, and GBP and you will be safer from the threats of a Flood Attack.

3-Bitcoin Cash (BCH):

Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. This latter is marked by its anonymity and lower fees when commiting a transactions, have a large number of exchange and most of all it is more secure than other cryptos.

4-Monero (XMR):

Monero is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. it is private by design, one of the fastest growing cryptocurrencies, compared to other cryptos it is easy to mine .

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Avatar for ryosuke
3 years ago