Are you looking for the best cryptocurrency to invest in right now? Look no further! We’ve compiled a list of top coins to buy in 2021 that we believe have huge potential for long term gains. Take a look at our recommendations below.
Table of Contents
Ethereum (ETH)
Ethereum is a decentralized platform that enables smart contracts and decentralized applications to be built and run without any downtime, fraud, control or interference from a third party. It is the second-largest cryptocurrency by market capitalization and has been on a steady rise. It’s known for its strong community, relatively stable price, and growing network. With the rise of NFTs and the growing demand for decentralized finance (DeFi), Ethereum is positioned to see continued growth in the coming years.
If you’re interested in investing in Ethereum, you can purchase it on most major exchanges, such as Coinbase or Binance. Be sure to secure your investment by ensuring you store it in a secure wallet!
Solana (SOL)
Solana is a high-performance blockchain protocol that has gained a lot of attention recently due to its processing speed and low fees. This makes it an ideal platform for decentralized applications (dApps) and those looking to expand into DeFi. It is currently one of the fastest-growing cryptocurrencies, with impressive gains of over 1,000% in 2021 alone.
If you’re considering investing in Solana, you can purchase it on exchanges such as Binance or FTX. Don’t forget to do your own research and invest in a secure wallet to keep your coins safe!
Binance Coin (BNB)
Binance Coin is the native token of the Binance exchange and has gained a lot of popularity as the exchange has become one of the largest in the world. This means that demand for the coin is likely to continue to increase as more users flock to the exchange. In addition, Binance Coin holders have the benefit of discounted trading fees, adding value beyond the potential for price appreciation.
You can purchase Binance Coin on the Binance exchange itself, making it an easy and quick investment for those already on the platform. As always, be sure to take proper security measures!
How to invest in cryptocurrency
Now that you’ve seen our top picks for cryptocurrency investments, you may be wondering how to actually invest in these digital currencies. It’s important to keep in mind that investing in cryptocurrency can be risky, so it’s essential to do your own research and make informed decisions.
- Choose your exchange: There are many exchanges available to choose from, each with their own unique features and fees. Research the most reputable exchanges and choose the one that suits your needs best.
- Create an account: After selecting an exchange, create an account and complete the necessary verification requirements.
- Choose your cryptocurrency: Once your account is set up, you can purchase the cryptocurrency of your choice. Take time to research the crypto you are interested in investing in and ensure it aligns with your investment goals.
- Storing your cryptocurrency: It’s crucial to store your cryptocurrency in a secure wallet. Look for wallets that prioritize security and allow you to retain control over your private keys.
- Stay up-to-date: Keep current with market trends and news so you can make informed decisions regarding your investments.
Remember, never invest more money than you can afford to lose and always do your research and make informed decisions. Happy investing!
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