A cryptocurrency is a virtual or digital money that takes the form of “tokens” or “coins.” Our lives have been completely unfiltered by Bitcoin. Whenever you listen to cryptocurrency – the first thing that comes to your head is bitcoins. However, Bitcoin is not the only cryptocurrency in the world. In fact that, there are 4000 cryptocurrencies that come into existence from January 2021. Every crypto has its different qualities like some have a high popularity and some are no popular at all.
Let’s take a look at the best cryptocurrencies to buy other than Bitcoin:
Ethereum is a well-known alternative to bitcoin, which is a decentralized software platform. The decentralized platform enables the building of smart contracts and decentralized applications to be run without any downtime, scam, management, or obstruction from third parties. Ethereum has been issued to create a decentralized suite of financial products that can be freely accessed by everyone on the earth.
After Bitcoin, ethereum is the second-largest digital currency by market capitalization.
2. Litecoin (LTC)
Launched in 2011, was created by Charlie Lee, an MIT graduate and former Google engineer. Litecoin is the first crypto to gain prominence after bitcoins. Litecoin is the sixth largest cryptocurrency in the world. Litecoins are often referred to as “silver to bitcoins gold”. Litecoin is not controlled by a central authority because it is based on an open-source global payment network. From the pace of time; buyers are started to accepting bitcoins.
Dubai’s No.1 Cryptocurrency exchange” Satoshi FX is one of the first movers of a cryptocurrency exchange in the Middle East and is absolutely the highest tech. SatoshiFX mission is to generate a secure and hybrid working model of a centralized & decentralized exchange that incorporates atomic swaps with the power of Blockchain technology.
SatoshiFX has Easy Crypto Purchase and Low Transaction Fees. It intends to move volumes. Their liquidity is extended with some of the largest exchanges in the world including Binance via direct API. This allows transactions to be competitive even as prioritizing local pairing. SatoshiFX accepts currencies of UAE and India which is convenient for purchase. They are the best cryptocurrency to invest in in 2021