Cryptocurrencies are becoming more and more popular every day. As Bitcoin becomes more mainstream, people are looking for other cryptocurrencies to invest in. In this article, we will discuss the top 5 cryptocurrencies that you should buy right now. We will also provide you with information on how to purchase them and some tips on how to store them securely. So, without further ado, let’s get started!
Bitcoin (BTC)
Bitcoin is the original cryptocurrency and it is still the most popular one. It was created in 2009 by Satoshi Nakamoto and it has a market capitalization of over $100 billion. Bitcoin is a decentralized currency that can be used for online payments and stores of value. You can purchase Bitcoin on exchanges such as Coinbase, Bitstamp, or Kraken. Once you have purchased Bitcoin, you should store it in a wallet such as Blockchain Wallet or Trezor.
Ethereum (ETH)
Ethereum is the second largest cryptocurrency with a market capitalization of over $20 billion. It was launched in 2015 by Vitalik Buterin and it quickly became popular due to its smart contract functionality. Ethereum enables developers to build decentralized applications (dapps) on its blockchain. You can purchase Ethereum on exchanges such as Coinbase, Bitstamp, or Kraken. Once you have purchased Ethereum, you should store it in a wallet such as MyEtherWallet or Trezor.
Bitcoin Cash (BCH)
Bitcoin Cash is a fork of the Bitcoin blockchain that was created in 2017. It has a market capitalization of over $15 billion. Bitcoin Cash focuses on being a fast and cheap payment network. You can purchase Bitcoin Cash on exchanges such as Coinbase, Bitstamp, or Kraken. Once you have purchased Bitcoin Cash, you should store it in a wallet such as Blockchain Wallet or Trezor.
Litecoin (LTC)
Litecoin is a fork of the Bitcoin blockchain that was created in 2011 by Charlie Lee. It has a market capitalization of over $12 billion. Litecoin is similar to Bitcoin but it has faster transaction times and lowers fees. You can purchase Litecoin on exchanges such as Coinbase, Bitstamp, or Kraken. Once you have purchased Litecoin, you should store it in a wallet such as Blockchain Wallet or Trezor.
Ripple (XRP)
Ripple is a cryptocurrency that was created in 2012 by Jed McCaleb. It has a market capitalization of over $13 billion. Ripple is different from other cryptocurrencies because it is not decentralized. Instead, it is controlled by a company called Ripple Labs. You can purchase Ripple on exchanges such as Coinbase, Bitstamp, or Kraken. Once you have purchased Ripple, you should store it in a wallet such as GateHub or Toast Wallet.