Having described the types of cryptocurrencies, we now need to move on to specific coins. Since we have already touched on BTC, we will not address the market leader. The same goes for crypto projects with good potential.
Among the other coins we can highlight:
- Ethereum (ETH);
- Binance Coin (BNB);
- Polkadot (DOT);
- Litecoin (LTC).
Ethereum is a cryptocurrency based on its own blockchain. It is the best of the altcoins. It is actively traded on various exchanges and is very popular among investors.
The ETH network is characterised by fast transactions. The coin also benefits from its technological sophistication. Many other cryptoprojects have been created on the Ethereum blockchain. Ethereum is used for smart contracts.
Binance Coin (BNB)
Binance Coin is a token of a well-known cryptocurrency exchange. Holders of this coin receive discounts on digital money transactions. So it is a very popular asset.
Polkadot helps transact with different venues and blockchains. The project is renowned for its technology. Thanks to DOT, the idea of a decentralised internet can be realised. At least, that is what some experts believe.
Litecoin is based on bitcoin, but has some improved characteristics. Transactions within this network are much faster. It is also characterised by high speed, security and reliability.
Of course, the list of known cryptocurrencies is much broader than the one above. You can include quite a few kiosks and tokens in this group. So you can invest in other assets as well.