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Top 5 Cryptocurrency price charts

Investing in cryptocurrency is a popular way to invest in 2021. Top 5 Cryptocurrency price charts like Bitcoin, Ethereum, Ripple, EOS, BAT

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Top 5 Cryptocurrency price charts

Investing in cryptocurrencies is a popular way to invest money in 2021. But the market has been relatively stable over the past couple of years. Because of this, digital assets do not generate the desired income. That would be enough to wait until the business enters the growth phase to earn as the first crypto enthusiasts. We have compiled the top 5.

1. Bitcoin

Bitcoin Cryptocurrency

It is the first and main cryptocurrency in the world. Although most coins have clear advantages over Bitcoin, it is still difficult to compete with them. The following indicators evidence this:

  • 1st place in the CoinMarketCap rating by market capitalization (over 160 billion);
  • the current value of Bitcoin on exchanges – $ 9,139.68;
  • all-time maximum – $ 20,089.00;
  • Bitcoin’s daily trading volume is over $ 15 billion.

Bitcoin emerged after the 2008 global financial crisis. Recall that its main reason was the manipulation of assets by banks in the American real estate market.

Speculators have created a developed system of manipulation of companies assessing the risks in real estate trading. In the United States, a financial bubble was inflated, which burst, seriously affecting most of the world’s countries.

2. Ethereum

Ethereum Cryptocurrency

Ethereum is the no less popular project on the market. Together with BTC, they make a famous pair. It can be seen in BTC to eth chart.

Ethereum is an open-source blockchain-based platform with smart contract functionality. On it, developers create and deploy decentralized applications. It simplifies the implementation of blockchain technology.
ETH indicators:

  • 2nd place in the rating by market capitalization;
  • current value – $ 228.26;
  • maximum – $ 1,432.88;
  • trades in 24 hours – over $ 6 billion.

3. Ripple

Ripple Cryptocurrency

The number of partners evidences the platform’s success – the project cooperates with banks in 40 countries; over 300 financial institutions have joined the Ripple network.

The XRP cryptocurrency operates inside Ripple. Coin indicators:

  • 4th place in the rating by market capitalization;
  • current price on exchanges – $ 0.175967;
  • maximum – $ 3.84;
  • daily trading volumes – over $ 1 billion

4. EOS

EOS Cryptocurrency

EOS is a platform for running smart contracts and building decentralized applications. She is often referred to as the “Ethereum Killer.” Even though ETH is more prevalent among investors, today, EOS outperforms the competitor.
Project advantages:

  • better scalability;
  • no transaction fees;
  • creating applications in the familiar C ++ programming language.

However, EOS has been criticized for being overly centralized. The project uses the Delegated Proof-of-Stake mechanism, in which 21 nodes create new blocks.

The tokens owner uses them to vote for block producers. This configuration is a priori much more centralized than Ethereum.

5. BAT

BAT Cryptocurrency

The digital asset BAT was included in our top 5 cryptocurrencies. The cryptocurrency was created to pay for advertising services in the Brave browser.

The coin entered the market in 2017. BAT transfer out of the online advertising crisis. After all, with the advent of Google and Facebook, user privacy is being questioned.

Demand for ad-blocking software is increasing among consumers, and advertisers are suffering from this. There are also malicious ad units. To address these issues, the Brave browser has been launched on the market.

Its advantages:

  • browser tracks user attention using machine learning, so advertisers get better results and save money;
  • personal information remains on devices and is not used for personal gain;
  • users turn off ads or receive rewards for viewing them.

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Bitcoin

Buying Bitcoin: The Key Steps

When it comes to buying bitcoin, you need to know a few key steps involved in it, which we can check in the following ways, while you have an option of exploring the same on sites like bitcoin trading tools.

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Become a good CFD trader using bitcoins

Putting your money in Bitcoin can be a complex process. However, it can become simple when you further break down the same into steps. Thus, with the passing day, it has become simpler for the investors. Thanks to the way the exchanges have become legitimate and a growing number of wallets have become feasible in the next few days. Before you plan to buy BTC, you need to prepare yourself for getting savvy on the internet and get linked with platforms backed with some secured connection.

Then, it comes to owning your wallet apart from having an exchange account. When it comes to buying bitcoin, you need to know a few key steps involved in it, which we can check in the following ways, while you have an option of exploring the same on sites like bitcoin trading tool.

1st Step – Select the best Exchange

The first step towards buying bitcoin is to sign up at any digital currency-based exchange, which can further buy, sell and have digital coins. For these people, checking for the trade-in BTC or any other digital currencies is an important feature to note. Such exchanges usually operate autonomously and are generally decentralized, so they do not have any central PoC.

Though such systems use certain weird activities, these are typically employed to give you away from good services. It is often a good idea to use a business that helps the users withdraw their digital currency to their different personal online wallets to keep things safe.

2nd Step – Connecting with your Exchange with a Payment choice

The moment you have chosen any exchange, you are supposed to collect your documents. It would depend upon the kind of Exchange you have chosen and the number of pictures you have put across with the driver’s license or the SS number, along with the other info regarding the source of funds.

This information would help you rely on the reality you could live in and have the same laws. This process remains very much similar to the typical brokerage account. However, this same information can help you rely on any region, which can live up to the expectations of the laws.

Inside Bitcoin is a good trading platform

3rd Step – Place the Order

Once you have zero in the Exchange and remain connected with the chosen payment option, you are now supposed to buy BTC or any other virtual currency. In recent years, digital currency-based exchanges have had a slow amount of info regarding the mainstream. However, these tend to grow in a big way with a more significant amount of liquidity and critical features.

The various operational changes at digital currency exchanges can act parallelly and then even change the perspective of digital currency. With an industry, one can find too many scams and questionable practices that move ahead into a legitimate one that further draws the interest of different players, as seen in the various financial service industries.

4th Step – Storing the Coin

The best way to do this is to rely on wallets. Mainly BTC and digital currencies-based wallets are the best places to store different digital assets more securely. With Cryptocurrency based outside the Exchange, one can find specific personal wallets that would give you security and proper control over the keys seen in your funds. It can offer you the capability to store enough funds and carry out the Exchange and thus even avoid the risk one can find on your Exchange and then get hacked while losing the funds.

Although most exchanges cater to the investors’ option of availing their wallets, this security can be a big question to ask. The experts often avoid using these wallets or go for long-term digital currency holdings. One can find too many capabilities involving the altcoins in some wallets that come up with several features. For example, some of these wallets offer the ability to swap over one token to another.

Wrapping up

Bitcoin is one of the oldest and highly valued digital currencies in the Cryptocurrency world. It is the key reason why more and more people are getting attracted to it. These are some of the critical steps involved in procuring Bitcoin or any Cryptocurrency. Try them all while you plan to invest in BTC or any other Cryptocurrency.

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