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Types of Cryptocurrencies Explained – List of Top 10 Crypto Currencies to Invest in 2021

Since there are now thousands of different cryptocurrencies, a universal explanation for every cryptocurrency is virtually impossible. Nevertheless, many cryptocurrencies are based on similar concepts and properties. We now want to look at precisely these most important properties together. Here’s a comprehensive list of Top 10 Crypto Currencies to Invest in 2021.

What-are-the-Types-of-CryptoCurrencies
What-are-the-Types-of-CryptoCurrencies

There are three types of Cryptocurrency –

  • Bitcoin
  • Altcoins
  • Tokens

What cryptocurrencies are there?

There are over 7000 cryptocurrencies in the market. Therefore, the term cryptocurrency is just a generic term. The range, within these more than 7000 cryptocurrencies, is enormous.

Bitcoin, Altcoins, and Tokens: From Bitcoin to Ethereum, by far the best-known and also the oldest and top cryptocurrency is Bitcoin (BTC).

What cryptocurrencies are there
What cryptocurrencies are there

Other cryptocurrencies are commonly referred to as Altcoins. This word stands for Alternative Coin and describes every coin except Bitcoin.

The best-known cryptocurrencies besides Bitcoin are Ethereum (ETH), Ripple (XRP), Tether (USDT), Litecoin (LTC), Binance Coin (BNB), Cardano (ADA), IOTA (MIOTA), Chainlink (LINK), and Pi cryptocurrency.

Top 10 Cryptocurrencies to Invest in 2021

  • Bitcoin
Bitcoin
Bitcoin
  • Ethereum
Ethereum
Ethereum
  • Binance Coin
Binance-Coin
Binance-Coin
  • Tether
Tether
Tether
  • Cardano
Cardano
Cardano
  • Polkadot
Polkadot
Polkadot
  • Ripple
Ripple
Ripple
  • Litecoin
litecoin
litecoin
  • Chainlink
chainlink
chainlink
  • Stellar
stellar
stellar

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