The cryptocurrency market is volatile, and the rates of digital assets may change several times a day. For a beginner, it is complicated to understand which crypto to buy now. The main recommendation is not to engage with too young projects and better pay attention to the most common crypto. Wondering Which crypto to buy today? For a beginner, it is complicated to understand which crypto to buy now. Check the most popular assets that people are willing to buy right now in the post.
# Bitcoin (BTC)
# Ethereum (ETH)
# Tether (USDT)
# Binance Coin (BNB)
# Solana (SOL)
All these popular assets you can find on the WhiteBIT crypto exchange.
Let’s take a closer look at each of them.
Bitcoin
It is the most common crypto to buy since it shows stable growth for a long-term investment. Indeed, Bitcoin is the best asset to invest in. Today Bitcoin’s rate drops ($31,3), which is the best time to purchase it for the long term. The Bitcoin network is based on the Proof of Work consensus protocol. The currency runs on a blockchain, where every transaction is fixed and recorded. Bitcoin is the top currency in the Coinmarketcap rating.
Ethereum
The second best crypto to buy. Its rate also dropped lately, and now it is $2,3. It is also a blockchain where many developers worldwide create their applications. As the whole market is moving downwards, it is the best chance to buy Ethereum for the long term.
Tether
Tether is a stable coin, which means its rate is backed by real money – the US dollar. The rate is $0.9 today. Stablecoins are used for risk hedging, that is, to reduce the investment risk. Often investors use stablecoins because they don’t depend on the market volatile as much as other cryptocurrencies.
Binance Coin
From the name it becomes clear that Binance Coin is a currency that is used on the largest exchange in the world – Binance. Users can trade or pay fees with this currency. It can be swapped for other assets like BTC or ETH. As Binance is the most common exchange, Binance Coin has become fairly popular too. Its rate is $321.
Solana
This crypto asset was created for decentralized finance and apps and smart contracts. Unlike Bitcoin, this crypto runs on hybrid proof-of-stake and proof-of-history protocols. It ensures fast and secure transactions. Its native token SOL is the core for transactions on the platform. Its rate is $69.6.
Which crypto to buy today – pick any of the listed assets.
