Home Money & FinanceCryptocurrency These Are The Top 3 Cryptocurrencies You Can Buy!

These Are The Top 3 Cryptocurrencies You Can Buy!

by Olufisayo
Top 3 Cryptocurrencies

Cryptocurrencies gained a lot of popularity after their release in 2009. People around the world began to invest and trade cryptocurrency. Crypto access has become easier with the release of many new cryptocurrency-familiarized applications. As time went by, cryptocurrencies only grew in number.

According to Coinmarketcap, there more than 5500 cryptocurrencies available right now. This actually is a considerable number considering their short period of existence.

But, what are the top three cryptocurrencies to buy in 2020?

1. Bitcoin

Bitcoin is the one that the whole game started with. It is also known as the king of cryptocurrencies, never giving up its throne. Well, since it is the father of cryptocurrencies, it cannot lose.

People usually refer to cryptocurrencies as “bitcoin,” so the crypto industry is associated with it. Some of the reasons why bitcoin remains popular are low supply, high industry standard, and the ability to profit on the hot investment.

       

Bitcoin can be traded using trading bots also such as the Bitcoin Revolution. What is Bitcoin Revolution? It is fully automatic trading software, designed to trade cryptocurrencies by using sophisticated trading algorithms.

2. Ethereum

Although in 2018, ethereum lost 85% of its value, it still remains the second-largest cryptocurrency in the world. It was created in 2015 by Vitalik Buterin. What makes ethereum different from other cryptocurrencies? Well, it is not only a cryptocurrency.

It is a blockchain-based platform to develop decentralized apps and smart contracts also. There is also a native cryptocurrency called ether, which is used for all the transactions on Ethereum’s blockchain.

3. Ripple (XRP)

Ripple is a special digital currency as it is centered around taking care of issues identified with only one industry — International Payment Transfers. It was established in 2012 with the expectation to make global exchanges both quick and modest.

Of the absolute number of 100 billion XRP that will ever exist, 50 billion are claimed by Ripple labs (the organization behind Ripple). Ripple has been criticized by crypto enthusiasts for its centralized nature, but yet remains in the top three.

       

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