Top 5 Cryptocurrencies To Invest In 2019

Jump to page contents

Top 5 Cryptocurrencies To Invest In 2019

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

The rising popularity of cryptocurrencies over the past years have sped up their creation and growth. New traders and investors may easily be confused by the sheer number of currencies available. This guide aims to help you invest in some of the best digital currencies available.

All cryptocurrencies mentioned in this guide can be traded on:

5/5

eToro allows you to invest in any of the top 5 cryptocurrencies and many more. It’s very easy to use and you may deposit funds via PayPal, credit cards, debit cards and many other options.

We also recommend you to check out our new ‘Top 5 cryptocurrencies to invest in 2020‘ guide.

Bitcoin

You’ve probably heard of Bitcoin before hearing the terms cryptocurrency or blockchain. Bitcoin is the largest and most popular cryptocurrency, both by market capitalization and by transaction volume. Most industry analysts agree that if you are only going to invest in one cryptocurrency, then Bitcoin should be the one you choose.

As with any digital currencies, Bitcoin has been a successful investment for some and a loss to others. It is always important to learn how to invest in Bitcoin before you start using real money. You can easily buy and sell Bitcoin on the majority of exchanges, however, we highly recommend trying eToro.

Ethereum

Advocates for Ethereum describe the coin as being the brains behind the entire blockchain technology. Bitcoin is the flashy member of the family, whilst Ethereum is the more stable, responsible currency. In fact, many blockchain companies are investing in this currency because it serves as a base platform for a multitude of other blockchains projects.

Ethereum places second in terms of market capitalization and, like Bitcoin, is available in major exchanges. If you’re experienced in trading and own Bitcoins we recommend trying BitMEX to trade ETH. Beginners can easily buy and sell Ethereum from eToro.

Other platforms you can try out to trade Ethereum are:

5/5

XRP

As the third largest cryptocurrency with a market cap of over $12B, XRP is a favourite amongst many crypto traders. Preferred by banks and financial institutions looking to invest in cryptocurrencies and blockchain technologies, XRP is supported by its mother company Ripple, which is an important bridge between tradition and innovation.

XRP is a significant cryptocurrency and, as such, is available to trade in the majority of exchanges. The only drawback of XRP is that you need an XRP wallet to store it safely if you do not wish to keep it on the trading platform. Finding a wallet which accepts XRP can be troublesome but, thankfully, wallets such as Ledger Nano X and CoolWallet S accept XRP.

Litecoin

Litecoin is a preferred coin for long-term investment. With a market cap reaching beyond $3B LTC is expected to become the world’s favourite shared payment facilitator. The digital coin has a preferred proof-of-work algorithm which is more decentralized than Bitcoin’s, allowing miners to earn it quicker.

KeepKey and Trezor are just some of the hardware wallets which accept Litecoin. You can also choose to store the currency in web or mobile wallets if you prefer. The currency is also traded across major exchanges, so you can easily buy and sell Litecoin.

Binance Coin

As its name suggests, Binance Coin is the cryptocurrency released by the world’s largest exchange platform, Binance. Binance Coin allows investors to gain from increased trading volumes, but also from transaction fees. The coin is seen as a promising eventual competitor to Bitcoin itself since it is backed by what is considered to be the best cryptocurrency enterprise today.

The Ledger Nano S and Trezor are just two wallets which allow you to store your Binance Coin securely. It’s rising popularity and potential make it a certain contender for top cryptocurrency for 2019.

Recently Similar Guides

Latest Guides

Bitcoin,Casino,Cryptocurrency

What are the Traits of a Bitcoin Casino?

The massive surge in popularity of cryptocurrencies such as Bitcoin has led to the flourishing of a new wave of online casinos. Bitcoin transactions are becoming more common so it was inevitable that the gaming industry would catch on to this trend soon enough. What Differs a Crypto Casino and a Regular Casino? Up until […]

2 October, 2020
Bitcoin,Blockchain,Cryptocurrency,Decentralised

What Is A Bitcoin Fork?

Bitcoin forks are an important aspect of open sourced and decentralized technology. Bitcoin forks allow users to create new blockchain platforms based off of Bitcoin’s open sourced code, but what is the point? In this guide we explain everything about Bitcoin forks, what they are used for, and why they are important for the cryptocurrency […]

28 September, 2020
Blockchain,Cryptocurrency,Ethereum

What is VeChain?

So, What Exactly is VeChain? VeChain is a platform created using Blockchain technology and designed to improve existing supply chain management and oversight. The platform takes advantage of several elements of Distributed Ledger Technology (DLT) to facilitate the process of origin confirmation and quality mark of a particular product. VeChain is made up of two […]

26 August, 2020
Bitcoin,Crypto Mining,Cryptocurrency,Mining

Hash Rate Vs. Hash Power

Hash rate and hash power are two very important aspects of securing and verifying the transactions on a blockchain. What is the difference between the two? Why are they necessary for proof-of-work verified blockchains? We discuss this and more below. So, What is Hash Rate? Hash rate and hash power both relate to how a […]

20 August, 2020
Bitcoin,Casino,Gambling

Betting in Bitcoin

Since their inception at the turn of the millennium, online casinos have been at the forefront of technology adoption. From mobile gaming to automated verification and the use of virtual reality, the industry is constantly evolving. This is normally great news for players, as most innovation is a step towards a better, safer, fairer, and […]

20 August, 2020
Bitcoin,Casino,Cryptocurrency,Gambling

The Next Big Cryptocurrency

Will There Ever Be A New Bitcoin? Bitcoin is the first iteration of blockchain technology and cryptocurrency to ever be created, and it is also the largest cryptocurrency by market capitalization, worth over 170 billion dollars. After more than 10 years from Bitcoin’s date of inception, there is now well over 5500 unique cryptocurrencies, hundreds […]

10 August, 2020
Cryptocurrency,Trading

What is Futures Trading?

If you ever hear about fictional characters wheel and deal over futures, you must be familiar with the phrases “invest in pork bellies” or “corner the market”. The movie “Trading Places” by Eddy Murphy/Dan Akroyd climaxed over the price of a product most people forgot: frozen orange juice. How can anyone become wealthy on pre-bacon […]

5 August, 2020
Gambling,Gaming,Regulation

The Importance of Responsible Gaming

What is Responsible Gambling? Responsible gambling is one of the most important aspects of playing online as it significantly affects the way players gamble. We’ll elaborate further on this, but first things first, let’s go through what responsible gaming actually is. Not to sound too obvious, but responsible gaming is the act of gaming responsibly. […]

27 July, 2020