Best cryptocurrency to invest in -2021
What is cryptocurrency ?
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
1. Bitcoin
Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
2.Dogecoin
Dogecoin (/ˈdoʊ(d)ʒkɔɪn/ DOHZH-koyn or DOHJ-koyn, code: DOGE, symbol: Ð) is a cryptocurrency invented by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system that is free from traditional banking fees.
3.Matic
MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.
4.Ripple (XRP)
Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. ... The coin for the cryptocurrency is premined and labeled XRP. Ripple is the third-largest cryptocurrency by market cap, following Bitcoin and Ethereum.
5.BitTorrent (BTT)
The BitTorrent coin (BTT) is a cryptographic token designed as an extension of the original BitTorrent protocol. The cryptocurrency platform of the BTT coin is developed to provide the protocol with more diversified functions.
6.Swipe (SXP)
This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees. Holders of SXP tokens are eligible for exclusive discounts on the Swipe app and the token can be used for making fiat payments with the Swipe debit card.
7.Holo (Hot)
Holochain is a crypto ecosystem with the implementation of peer-to-peer networking which offers smart contracts. The platform users can own their own data, control their identity, and can transact without centralized systems.
8.Hive
Launched on March 20th, 2020, Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol.
Trading of goods, real or virtual, which include virtual currencies (Cryptocurrencies), involves significant level of risk. Prices can fluctuate on any given day. Because of such price fluctuations, you may gain or lose value of your assets any moment. ... Cryptocurrency transactions are irreversible.
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