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Home Finance

Which cryptocurrency to buy: top 10 coins

by Wilfred Shah
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Electronic money is stored in a special blockchain system. Today, you can buy cryptocurrency in Ukraine in several ways. Among the main ones, it is worth highlighting online and offline exchanges, through an intermediary, a P2P platform, a crypto exchange, and an electronic terminal. However, before purchasing, it is important to evaluate which coins are worth considering. To track and learn all coins you may need some help from the professionals – biti ai codes

Which cryptocurrency to buy: popular options

To make it easier for traders to navigate among the wide variety of offers on the platforms, it is recommended to pay attention to the following coins:

DeFi Coin – In the DeFi sector, this currency is considered the main one.

Lucky Block is an asset of the lottery of the same name, which is distinguished by regular prize draws.

Bitcoin is the first and most popular crypto.

Ethereum is “silver”, which is right after Bitcoin in terms of demand.

Avalance is a currency that has significantly increased its capitalization over the past year.

Cardano is the most common choice among PoS cryptos.

Chainlink – there is a sharp increase in the rate in 2022.

Cosmos – has a large number of DeFi projects.

Dogecoin is a meme that has increased in value significantly.

Polkadot is ETH’s main competitor.

Before making a choice, it is recommended to visit the thematic channels, where experts present their forecasts regarding the development of the market.

What is required to enter the stock exchange?

Cryptocurrency in Ukraine can be bought only after a series of certain actions on the platform. First of all, study the tools available on the resource: price chart, order creation form, order book, data on trading volumes, and transaction history. To become a successful trader, you need to choose a service that meets your preferences and needs. Decide on a crypto wallet. Each digital currency involves a specialized wallet. For example, for Bitcoin, it is Exodus Coinbase. MyEtherWallet is the choice for Ether. Some services allow you to chill while they do all the tracking and boring stuff, check out DEX.AG

Where is it more profitable to buy cryptocurrency?

It depends on many factors. The main criteria include the technical simplicity of the process and low commissions. Most of the platforms presented in Ukraine offer a quick buying and selling service. With this option, transactions are closed in a couple of clicks and are executed instantly.

The lowest fees are available on WhiteBIT, Binance, Bitfinex, and ByBit exchanges. Fees on these resources are only 0.1%, which is especially relevant for large transactions. Then the savings are very noticeable. Please note that on many sites the commission fee depends on the user’s activity. A simple rule applies: the more you trade, the lower the commission percentage.

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