Cryptocurrency investments can make you extremely wealthy, but it’s also possible to lose all your money. Crypto investment is risky, but you gain high profits if you invest wisely and focus on your portfolio and current market situation.
If you want direct access to the growth of the digital currency market, investing in cryptocurrency is a wise choice. Therefore, after gathering all the essential information about the market trend, investing in crypto is a good idea.
If you are a crypto investor searching for the best crypto investment to make a good return, we are here to help. Here we have listed the best crypto to buy now in 2022.
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Best crypto to buy
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Bitcoin (BTC)
Bitcoin is one of the oldest cryptocurrencies. This crypto’s price and market capital are higher than any other crypto investment options, making it a crypto leader. Its blockchain functions as a public ledger of all past transactions. It replaces the need for a central bank to regulate the amount of money in an economy or for outside parties to verify transactions.
Bitcoin is a wise investment because many companies already accept it as payment. For instance, Visa accepts bitcoin transactions. Besides, even the bigger banks have started to include bitcoin transactions in their services.
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Ethereum (ETH)
Ethereum was founded in 2015 by a group of developers led by Vitalik Buterin. It is arguably the largest smart contract platform in the market. Ethereum is a network that helps developers to create their own cryptocurrency and use it to deploy smart contracts. While Ethereum is far behind bitcoin in terms of value, it is far ahead of its competitors.
It is one of the highly popular cryptos that has outperformed its market position due to its unique technology. It is currently the most popular blockchain and the second most valuable cryptocurrency after bitcoin.
Furthermore, It enables developers to create crypto and deploy smart contracts on the blockchain. In addition, Ethereum’s unique blockchain technology places it among the best crypto to buy now.
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Binance Coin (BNB)
Binance coins are one of the most stable investment options due to their performance over time. These Coins are available for trading on the Binance crypto exchange platform, along with other digital coins. You can use these coins as currency or can also pay fees on the Binance exchange and power Binance’s DEX for app development.
Binance Coin is the most popular token of the Binance crypto exchange. You can trade this coin in various other exchanges and platforms. BNB offers users additional benefits such as lower costs and the ability to invest and ease loans and transfers. Furthermore, with them, you can also donate to charitable organisations and buy virtual gifts, just like paying with cash. All these features mentioned above are the primary reason for its massive popularity, which makes it the best crypto to buy now.
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Cardano (ADA)
Cardano’s network has a smaller footprint, which appeals to investors for various reasons. Cardano requires less energy to complete a transaction than a larger network such as Bitcoin. Therefore, here making transactions is way much faster and less expensive.
Cardano is a blockchain with increased scalability that employs the Proof-of-Stake consensus algorithm. Cardano’s unique features enable it to support decentralised finance (DeFi) projects and NFTs.
As a result of this hard fork, ADA is now capable of scaling and operating at a faster rate than before. In addition to this capability, it enabled ADA to provide a DeFi application development platform.
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Polygon (MATIC)
Polygon is a crypto asset built on the Ethereum blockchain to improve Ethereum scalability and infrastructure. It supports the “layer two” concept, extending the Ethereum blockchain into a multi-chain network.
Polygon is also extremely secure, scalable, and interoperable. It provides an excellent user and developer experience through flexible and customisable frameworks. Each dApp on Polygon has its own resources and a fully customisable tech stack with its own governance.
It gets complete support from the Binance and Coinbase crypto exchanges. As a result, Polygon’s token (MATIC) is widely used on platforms as a settlement currency, fee, and payment service. Because of its presence on mainstream crypto exchanges, the coin is available to many users, which may increase its value.
Final Thoughts: Best Crypto to buy now
While purchasing cryptocurrency now may be a good idea, investors should proceed cautiously. A fantastic opportunity to buy cryptocurrency does not rule out the possibility of market risks. The cryptocurrency market is full of uncertainty, so you never know what may happen in the future. Therefore, before investing, read the market thoroughly and make any investment decision. Here we have provided a list of the best crypto to buy now. Take a thorough look at this list and find the best choice for your next crypto investment.