When Bitcoin started, getting the cryptocurrency was not difficult at all. At the time, one could conveniently get a whole coin and even more. Getting commodities at the time using Bitcoin required a whole lot of coin. One BTC, at the time, was worth about 0.004 USD. The implication of this is that with one dollar, you could buy as much as 250 BTC. However, those days are definitely behind. Currently, one BTC is currently worth about 10,000 USD and not a lot of people can afford to buy a whole coin. This leaves most crypto users with only one option; buying fractions!
Rating the most popular and promising cryptocurrencies in 2019 can be done based on different criteria. The rankings are based on adoption, technology, investment reward & risk involved in the cryptocurrency. However, merging all these factors, a holistic ranking can be obtained.
Binance Coin(BNB) is the cryptocurrency of the Binance exchange. The Cryptocurrency trades with the symbol BNB and runs on the Ethereum Blockchain although there are talks about having the BNB on Binance’s proprietary chain, Binance Chain. Binance Coin runs on the ERC 20 standards and has a maximum limit of 200 million BNB tokens.
When most people got the news that Facebook was coming up with her cryptocurrency, there was some excitement in the cryptocurrency and a lot of enthusiasts looked forward to the crypto. However, from the look of things, Facebook might have hit a wall with her plans. Telegram, another big player in the social network industry has also unveiled plans to create its digital currency.
Libra is the digital currency proposed by Facebook. The cryptocurrency has not been launched. Although the experimental code of the currency has been released, Libra is to be officially launched in 2020.
Tether is a cryptocurrency from Tether Limited. Tether is a controversial digital currency and there were claims that each token was backed by one USD. In March 2019, the company changed the backing of the company to include affiliate companies.
With the seeming growth and better acceptance of cryptocurrencies around the world, “Bitcoin” is a name that is currently gaining more recognition in several quarters around the world. Bitcoin is the most popular cryptocurrency in the world today and is used to facilitate transactions across several platforms. Created by Satoshi Nakamoto, Bitcoin gained global attention in 2008. One important factor that makes Bitcoin valuable is the fact that there is a limited number of BTC in circulation. Although, Bitcoin can be mined.
Investment is essential to securing the kind of future you want for yourself and your family. However, investment isn’t always as easy as it seems. There is a need to understand the possible opportunities for investment and how to make the most of them before investing.
Bitcoin is currently the largest cryptocurrency in the world. The market cap of Bitcoin is currently estimated to be more than $145 billion, the largest of all cryptocurrencies. And although Bitcoin has gained a lot of popularity around the world, there are still somethings most users don’t know about the cryptocurrency.
Cryptocurrencies are fast gaining prominence with the increasing level of digital trading. Although Bitcoin was the first major cryptocurrencies, the increasing number and types of cryptocurrencies make it important to pay attention to these new cryptocurrencies. This article explores these other cryptocurrencies.