Sunday, 22 November 2020 09:53

The most popular, interesting and the best cryptocurrencies in 2020 and 2021

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Many of you had heard about cryptocurrencies and blockchain technology. Today we prepared our subjective ranking of the best, most interesting and popular cryptocurrencies. We Would like to introduce you to new electronic currencies available on exchanges, which in our opinion are worth your interest.

In this article, the order in which we list (the most popular or the most interesting, the best) cryptocurrencies is completely random:

Ethereum - is one of the most popular and known cryptocurrency in the World. Main idea is to deliver blockchain (and sub chains) to other tokens and projects. So it’s like ether for other cryptocurrencies and tokens.

EOS - a young electronic currency that has hit global cryptocurrency exchanges by storm and has been in a strong upward trend from the very beginning, and the Bitcoin price has a limited impact on it. Similar in assumptions to Ethereum, however, it has greater technological possibilities and is cheaper to use. You can buy EOS on the Binance cryptocurrency exchange

BinanceCoin - in recent months, this cryptocurrency turns out to be the best in the world in terms of value growth. Why is this happening? It is dedicated to purchases and settlements of transactions on the largest international digital currency trading platform Binance, which makes it completely independent of any general trends in encrypted electronic currencies. Soon Binance Coin may become the most popular cryptocurrency in the world. Binance Coin was introduced by the Binance cryptocurrency exchange.

You can also read more about the best cryptocurrencies in 2020 and for 2021 in linked article.

Other interesting digital currencies

Dash - currently one of the best and most popular cryptocurrencies in terms of privacy protection. Known to investors all over the world and available on many exchanges. One of the most popular cryptocurrencies in the world. 

Lisk - is one of the most well known cryptocurrency in Europe. It’s deliver blockchain services for other tokens and projects. This is similar to Ethereum idea but in more advanced technology.

NEOGas - one of the most interesting cryptocurrencies in the world associated with one of the best and most popular cryptocurrencies, i.e. NEO. It is awarded to all NEO holders who hold this cryptocurrency in the appropriate wallet. In other words, mining NEOGas is done by owning NEO. Interesting right? Unfortunately, it cannot be found in the ranking of the best cryptocurrencies.

Cardano - created by an outstanding team of university researchers from around the world. One of the most popular cryptocurrencies. Find out more

Bitcoin Cash - created from the so-called Hard fork on Bitcoin's first digital currency. It is more modern and faster, which is why it was quickly considered the best and quickly became popular among investors around the world. Find out more here. Buying Bitcoin Cash for PLN is possible thanks to the BitBay cryptocurrency exchange.

Zcash - considered to be one of the best and most popular cryptocurrencies due to the most advanced encryption algorithms

Of course, we are not able to indicate unequivocally which cryptocurrency is the best, which is the most interesting and which is the most popular, so we encourage you to search for information yourself. The above information is only our opinion and should not be treated as investment advice. This article was written thanks to cooperation with website https://bitcoin-exchange.uk/

  • The world of cryptocurrency trading offers different options to earn money
    The world of cryptocurrency trading offers different options to earn money

    From buying cryptocurrencies and waiting for them to be worth more to sell them, mining them, and thus obtaining a digital token as a reward obtained from the Blockchain itself. Here we will talk about one of the most popular ways to earn money available, cryptocurrency arbitrage. That is why we have created a list with the steps you should consider so that you can make cryptocurrency arbitrage much easier.

    What is cryptocurrency arbitrage, and why it is different from the regular methods of exchanging cryptos?

    Cryptocurrency arbitrage, also called curling, is a form of trading that seeks to take advantage of the price difference between platforms. In other words, you buy a cryptocurrency cheaply on an exchange to resell it more expensively on another platform and thus make money with that price difference.
    Even if this is not to dissimilar from traditional methods of handling and earning from cryptos, the main difference is that the arbitrage is never intended to be a strategy in which holding of the crypto coin is considered.
    Arbitrage is meant to be done fast, buying and selling in the shortest time possible.

    How to correctly make cryptocurrency arbitrage

    Monitoring different exchanges: The first thing you must do for arbitrage to work is to monitor the platforms. This is because the secret to profits lies in finding cryptocurrencies with low prices that you can sell at a higher price.

    Activate alerts: Another of the best tips we can give you is to activate alerts on price changes. This way you will know when a coin has gone down or up in value in the different brokers. This way you can make better profits or know when to buy or sell.

    Open accounts on exchanges or brokers: Of course, to carry out a cryptocurrency arbitrage you need to open an account on the exchanges so that you can trade on it. If you find platforms where the price is attractive, then you should open an account there.

    Calculate the potential profit: Once you have found two cryptocurrencies with attractive prices then the next step is to calculate the potential profit. For example, take the buying price of Bitcoin on platform A and subtract it from the selling price on platform B. This way you will know how much you will earn!

    Fund your account and buy cryptocurrencies: If the business seems attractive, the next step is to fund the account where you will buy the cryptocurrencies. Funding means you must deposit the corresponding money, either the minimum or the amount you will invest. Once this is done, it is time to buy cryptocurrencies.

    Transfer them to another platform: Ready, if you have made the purchase of cryptocurrencies on platform A, where they are cheap, the next step is to transfer them to platform B where you will sell them. To do this, make use of the Wallet transfer mechanisms.

    Sell them and withdraw the proceeds: The last step is to sell the cryptocurrencies you just transferred.

    All the above steps look easy if you consider them singularly, but all together they are a lot of work!
    The best way to do arbitrage is to rely on a good arbitrage software or online platform: those platforms take off the burden of checking continuously for different prices on dozens of online exchange, and allow you to buy and sell faster.

     
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