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Best Cryptocurrencies to Buy in April 2024
Cryptocurrencies have seen rapid development since entering 2024. The boom of crypto market greatly increases investors’ enthusiasm and confidence, pushing the rally of digital assets. However, from bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming for traders who first get started in the world of crypto.
In this article, we will list down the best cryptocurrencies that are expected to have huge potential in investment return.
Bitcoin (BTC)
Bitcoin is the first decentralized cryptocurrency. Based on a free market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters.
In terms of price and market capitalization, Bitcoin is the biggest cryptocurrency. In recent years, Bitcoin has seen several rise in its price. Despite of several significant price volatility, Bitcoin’s price increased by more than 86% in the past year.
For more detail about Bitcoin, you can check the BTCC BTC currency quotes.
The following sets forth the BTC to USD Price Chart:
Ethereum (ETH)
Ethereum is a decentralized, open source, and distributed computing platform that enables the creation of smart contracts and decentralized applications, also known as dapps. Only after Bitcoin, Ethereum has became one of the most dominant coin in the crypto market.
Ethereum’s most notable feature is its pioneering role in introducing Smart Contracts to the blockchain world. Smart Contracts are self-executing, tamper-proof agreements with predefined rules that automatically execute when certain conditions are met, which enables businesses and individuals to establish trustless relationship in transaction. Besides, fast transaction processing and high security features also attract many investors.
For more detail about Ethereum, you can check the BTCC ETH currency quotes.
The following sets forth the ETH to USD Price Chart:
Dogecoin (DOGE)
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first “meme coin”, and more specifically the first “dog coin”. Despite its satirical nature, some consider it a legitimate investment prospect.
It was mostly unheard of until 2020-21, when it gained the attention of major celebrities including Tesla founder Elon Musk. Since Dogecoin’s explosive gain during the last bull market, it’s inspired thousands of copycat meme coins—including highly successful ones like Shiba Inu. It records impressive growth due to a dedicated community, creative memes and relative low fee.
For more detail about Dogecoin, you can check the BTCC DOGE currency quotes.
The following sets forth the DOGE to USD Price Chart :
Cardano (ADA)
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. When launched in 2017, it was the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols.
Cardano use cases rival those of Ethereum, with a focus on function and scalability. Cardano’s ADA token has seen relatively modest growth compared to other major crypto coins. In 2017, ADA’s price was $0.02. As of April 2, 2024, its price was at $0.618.
For more detail about Cardano, you can check the BTCC ADA currency quotes.
The following sets forth the ADA to USD Price Chart:
Avalanche (AVAX)
Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. Launched in 2020, Avalanche aims to be fast, versatile, secure, affordable, and accessible. AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support various blockchain projects.
Since its 2020 launch, Avalanche has been expanding its ecosystem with DApps and DeFi projects, including partnerships with Ethereum-based projects like SushiSwap and TrueUSD, and enhancing its connection with other blockchains through bridge developments.
For more detail about Avalanche (AVAX) , you can check the BTCC AVAX currency quotes.
The following sets forth AVAX to USD Price Chart:
Conclusion
As the crypto market is thriving, there are various options for investors to choose. We are very sure that the journey to select a suitable coin to invest in 2024 is exciting and full of opportunity. We believe the above introduction is useful for you.
How to Buy Cryptocurrency
Just like you can open a brokerage account to buy and sell stocks, you can open an account with a cryptocurrency exchange to buy crypto. Choosing a suitable exchange is also crucial in the process of trading cryptocurrencies. Here, we would like to introduce BTCC, one of the longest-running exchanges in the world, for your trading.
BTCC stands out in many aspects, like high liquidity & volume, flexible leverage up to 150x, rich rewards, etc. We believe join BTCC would make your trading journey more delightful!
The following sets forth the guidance for buying cryptocurrencies on cryptocurrency exchange BTCC:
Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first, and then fund USDT in your crypto wallet after registration.
Step Two: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the cryptocurrency/USD trading pair.
Step Three: enter the amount of coins you want to buy, and the amount of the contract purchased and the required margin will be displayed below.
Step Four: finally, adjust the leverage multiple and click Buy.
\Deposit and Receive Up to 10,055 USDT!/
Note: BTCC provides mode trading and offer mode trading fund. Those who want to try to start cryptocurrency contract trading, and more concerned about the fee (BTCC minimum fee can be 0%), it is recommended to start from BTCC !
\Deposit and Receive Up to 10,055 USDT!/
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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