cryptocurrency

Cryptocurrency

In this changing world, currency has also taken its modern or technical form, which is known as Cryptocurrency or Virtual Currency.

There is no physical coin of crypto currency, its transactions are mainly done online, hence it is also called smart currency.

Market Cap of Cryptocurrencies

The total market cap of cryptocurrencies around the world has reached $2 trillion.

 Top 5 Cryptocurrencies 2021

Thousands of cryptocurrencies exist around the world, but today we will know about the top 5 cryptocurrencies that are most popular, and also have the highest market cap.

 Crypto Currency Number One Bitcoin

• Bitcoin is the most popular and popular digital currency around the world

• The popularity of bitcoin can be estimated from the fact that its total market cap has reached $943.55 billion in just 12 years.

• Bitcoin was started by Satoshi Nakamoto on 3 January 2009.

• Bitcoin Code – BTC,XBT

• Bitcoin symbol code – (([&H8383;]))

Crypto Currency Number Two Ethereum

• Ethereum holds its position as the second most popular currency in the world.

• Ethereum launched 30 July 2015 6 years ago by Vitalik Buterin Gavin Wood.

• The total market cap of Ethereum has reached $447.70 billion.

• Ethereum Code – ETH

 Crypto Currency Number Three Cardano

• Cardano is the world’s third virtual currency.

• Cardano was launched on 27 September 2017 (3 years ago) by charles hoskinson.

• Cardano has a total market cap of $95.17 billion.

• cardano code – ADA

Crypto Currency Number Four Binance Coin

• Binance Coin is the fourth smart currency in the world. Binance was dispatched in 2017 by Changpeng Zhao

• Binance is a trading platform through which trading in cryptocurrencies is done.

• Binance has a total market cap of $82.85 billion

• binance code – BNB

 Crypto Currency Number Five Ripple

• Cryptocurrency Ripple ranks fifth in the world.

• Ripple was founded in 2012 by Arthur Britto, David Schwartz, Ryan Figger.

• Ripple The total market cap of this smart currency has reached $59.7 billion.

• ripple code XRP

 How to invest in crypto currency

Investing in crypto currency is the dream of every new investor, but new investors are unable to invest due to lack of knowledge, they spend their time in finding a good broker, so if you want to invest in crypto currency then crypto  You can open your account by visiting currency exchanges like WazirX Zebpay and Binance platform and can easily invest in any cryptocurrency.

 Advantages

• High Return Profits can be easily earned by investing in Crypto Currency.

• Transactions of crypto currency are done online so that cash transactions can be got rid of.

• Investing in Cryptocurrency can earn more profit in a very short time.

 Disadvantages

• Cryptocurrencies are very risky.

• Cryptocurrency is very volatile, so its price keeps on increasing and decreasing suddenly.

Also read.

• What is IPO? Complete Information about IPO.
• what is to currency? total market cap of crypto currency
• power of compounding/compound effect
• real estate invest
• What is Dutch auction
• Best Passive Investment
• Mutual Fund || SIP