Cryptocurrencies have become pretty popular assets for investments and trading. Due to their price volatility, it is possible to receive profits from investments in the short and long term. Bitcoin is the first crypto asset. Its emergence stimulated the development of the whole industry, and now we have hundreds of digital assets available on crypto exchanges.
When you plan buying crypto, pay attention to the following assets:
- Bitcoin (BTC)
- Ethereum (ETH
- Tether (USDT)
- USD Coin (USDC)
- Binance Coin (BNB)
- XRP (XRP)
- Cardano (ADA)
- Binance USD (BUSD)
- Solana (SOL)
- Polkadot (DOT)
These are cryptocurrency top 10 in the market, involved in all popular crypto rankings. Let’s consider some of them in this article.
Polkadot
As of August 2022, the DOT rate is $8,78. The daily trade volume is $380,2 million.
One of the project’s developers used to work on the Ethereum network development. The DOT crypto is built on the Proof-of-Stake consensus protocol. Its main advantage is to provide interoperability between different blockchains. Thus, due to the Polkadot network, varying blockchains are able to work together. Some experts believe Polkadot is to replace Ethereum.
Solana
The up-to-date rate of SOL is $43.55. The daily trade volume is $1,2 billion. The project is meant to support the development and creation of decentralized applications – the same goal the Ethereum blockchain has. Solana offers lower fees and many more transactions. Solana runs on the Proof-of-Stake consensus protocol, unlike Ethereum, which uses PoW.
Binance Coin
The BNB crypto was developed by the Binance cryptocurrency exchange and served as a utility token for paying fees on the platform. Token holders also have the opportunity to trade BNB. The up-to-dare BNB price is $316.04, and the daily trade volume is $1,032 billion.
Each of the listed top 10 cryptocurrencies deserves attention. You can buy them on credible crypto exchanges such as Binance, WhiteBIT, and Coinbase.
