So guys welcome to our website. So do you also want to invest in cryptocurrency or are planning to invest but due to some reason you are not able to invest in cryptocurrency.
Crypto market is such a market where your thousand rupees can turn into lakhs and your lakhs of rupees can also become zero. This means that this is a high risk and high reward market but if you invest in this with proper research and training then there are high chances that you will make money from the crypto market.
Like today lakhs of people are making money from cryptocurrency. So in this blog we have brought information for you on how you can invest in crypto and what is the safest way to make profit from crypto.
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What is cryptocurrency?
Cryptocurrency is a platform that we can control ourselves. It does not require any government or any bank to control it. We can also control it through a transparent software protocol which can be controlled by p2p networks of computers. Cryptocurrency gives full control of its assets to any trader whether he is a beginner or a professional.
Best crypto to invest?
The cryptocurrency market is one such market which is known for its unpredictability and volatility. But those who invest in it for a long time get a lot of benefit from this thing. Similarly, if we talk about it, there are many cryptocurrencies in the market, there are thousands of cryptocurrencies in the market but they are dominated by Bitcoin and Ethereum. By combining the marketing capitalization of Bitcoin and Ethereum, they have almost 71% of the global crypto market.
Top 5 Cryptocurrencies
1.Bitcoin
Bitcoin was founded in 2009 and it is one of the most popular and valuable cryptocurrencies. Bitcoin is a blockchain based currency that revolutionized the transaction verification and public ledger system in the world of digital security. Currently, the price of Bitcoin is ₹68223.89 dollars. Its year to year return is 128% and its market cap is 1.3 trillion dollars. But many critics have been raised on it regarding environmental conditions and some mechanisms and some operations. And it has also been said that the speed of Bitcoin in its current form is very slow compared to other cryptocurrencies. But still Bitcoin has dominated the crypto market and is representing at least 57.14% in the crypto market.
2. Ethereum
Ethereum is the first altcoin. It was founded in July 2015 and is the most valuable crypto. After Bitcoin, Ethereum has the highest value. The network's native cryptocurrency is called Ether. Ethereum was the first blockchain to introduce centralized application scores. The price of Ethereum is $2705.48. Its year over year return is 66% and its market cap is $325.7 billion.
3.BNB
BNP is a cryptocurrency issued by Binance and is one of the largest cryptocurrency exchanges. It was built as a utility token because it was not built on Ethereum. And users use it to discount their trading fees. Now this token has transitioned to the Binance blockchain. Now this token is used for transactions, applications and other purposes. Currently, the price of Binance is $608.75 and its year over year return is 184 percent. Its market cap is $88.8 billion.
4.Dogecoin
Dogecoin was created in 2013 as a parody of Bitcoin. But those who were using Dogecoin said that this coin is a legitimate investment. This cryptocurrency has several high profile sports in banking. Tesla's CEO Musk is also one of the biggest investors of the cryptocurrency currency. He has also invested heavily in Dogecoin. The price of Dogecoin is $0.14 and its year over year return is 138% and its market cap is $21.2 billion.
5. Ton Coin
Ton coin cryptocurrency was founded in 2018. What is this cryptocurrency? It was founded by Telegram. The Ton Coin network is known for its good transaction speed and contract capability. Along with speed, it attracts other people and investors because it gives those investors a chance to compete with Ethereum. The price of Ton Coin is $5.27. Its year over year return is 144%. And its market cap is $13.4 billion.
