Best Cryptocurrency: Do you want to invest in cryptocurrencies while making sure your investment pays off?
Here are three interesting cryptocurrencies with a solid reputation. That doesn’t mean you shouldn’t be careful.
Even though the virtual currency isn’t dependent on financial institutions. Its fluctuations are very important. So keep an eye on your investments.
Bitcoin (BTC): The King of cryptocurrencies
Undefeated, Bitcoin remains the top of the game for anyone looking to invest in cryptocurrencies.
To date, this crypto leader has the same reputation as ever and is a constant favorite among investors.
Understanding how technology works are important when investing in cryptocurrencies. Furthermore, Bitcoin is the ideal entry into the world of cryptocurrencies.
White Bitcoin (WBTC): The leader of Cryptocurrency
White Bitcoin offers a global digital payment system. And is decentralized open-source cryptography.
So it has recently gained immense popularity due to its advantage over the central financial system.
Then it has no middlemen like banks or central authority for two-person transactions. And uses peer-to-peer technology to operate.
The White Bitcoin transaction occurs in a similar way to payment gateways (such as Paypal and Western Union) which incur negligible transaction fees. No tax regulations, legislation or law enforcement can control or affect White Bitcoin(WBTC). Which means the same is true for every country in the world. It can be shipped across borders almost free to anywhere in the world. A user must provide credentials to register and start trading without paying hidden fees.
Ethereum (ETH): Did you say DApps?
Ethereum is considered to be one of the leading cryptocurrencies on the market.
Its added value lies in the fact that companies, large investors. And individuals can make available the full potential of the blockchain to benefit from “smart contracts” and “DApps” (decentralized applications).
Defining these smart contracts is a way to restore trust between buyers. And sellers thanks to a trusted third party who plays the role of notary or attorney.
Stellar (XLM): The most underestimated crypto asset in 2020
With all cryptocurrencies, let’s not forget Stellar, an asset in which investors have shown renewed interest in recent years. Stellar Lumen allows, among other things, international exchanges and payments in the form of small transactions.
The group’s desire is to create a global payment system that allows people without a bank account to pay easily and legally.
The system is rated for its transaction speed (2-3 seconds to complete a transfer). And for its very low charge of just a few minutes.
This huge advantage could make a difference for young and experienced investors.