Top 10 Most Common Cryptocurrencies

Top 10 Most Common Cryptocurrencies Right Now

Cryptocurrencies have been BIG news for some time now, but one of the most searched for questions about them on the internet is which ones are the most relevant right now? By their very nature Cryptocurrencies are volatile, so this is by no means an indicator of how to invest in Cryptocurrencies, but rather which ones are most regularly in the news. And the ones that people are talking about.

1. Bitcoin

This is the one that started it all, and is still the most widely used Cryptocurrency in the world. Currently there are over 16 million Bitcoin tokens in circulation.

2. Bitcoin Cash

This Bitcoin offshoot has quickly become one of the most traded Cryptocurrencies in the world since its launch in 2017. Due to the difference in size (Bitcoin is 1MB while Bitcoin Cash is 8MB) Bitcoin Cash is faster to process.

3. Litecoin

Litecoin is often referred to as “Bitcoins Little Brother” in trading circles. It is a peer-to-peer Cryptocurrency but has a faster transaction speed and higher token limit than Bitcoin.

4. Dogecoin

This was originally launched as a parody currency, but has since gained traction in the Cryptocurrencies realm. It has also spawned its own exclusive online community.

5. Ethereum

Originally designed as a decentralised app that was intended to get rid of companies such as Apple, Ethereum has proven to be both popular and volatile.

6. BAT

BAT’s, or Basic Attention Tokens, are paid to viewers who browse the web. Sounds easy right? Far from it, but we will go into this type of Cryptocurrency at a later date.

7. NEO

This is an open-source public blockchain developed in China. It is similar to Ethereum in nature and was launched in 2014.

8. Ripple XRP

This is a centralised transaction network that uses XRP currency in much the same way that banks transfer money. It is supposed to be faster, safer and less volatile than all other Cryptocurrencies.

9. Stellar XLM

Launched in 2014, Stellar has lived up to its name by outperforming almost every other Cryptocurrency in 2017. As the name implies it uses XLM currency!

10. Cardano ADA

Cardano was created by Ethereum co-founder Charles Hopkinson in 2015 and runs off decentralised apps on the blockchain using ADA currency.

Trading in Cryptocurrencies needs means you’ll need great internet access, which is exactly what we at MacroLan can provide. Contact us today to find out how we can help you maximise your Cryptocurrencies trading time today.

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