Cryptocurrency is very famous among many people today. It is an alternative investment for people who want to search for high-risk high-gain investment products on the Internet. Bitcoin will be considered as the most popular cryptocurrency on the market today. This product is specially designed to function as money. Cryptocurrency can offer many benefits for all users, including privacy, scarcity, low transfer cost, and also smart contracts. All of these benefits can protect all investors from getting lost by investing in this currency. There are many types of cryptocurrencies that are available on the market these days. Here are some popular products that you can find on the market today.
1. Bitcoin
It is the first and most popular cryptocurrency on the market. This product has the largest market cap. It is considered as the most highly traded cryptocurrency on the marketplace. Therefore, this product can ensure the liquidity of all investors. It is the king when it is all about retail adoption. It is much better than any other cryptocurrencies in terms of acceptance as the payment medium. It has plenty of room for growth despite this product has a lot of competitors growing on the market today. You will get a lot of benefits from investing in this type of cryptocurrency.
2. Ethereum
This is another popular cryptocurrency that is available on the market. This product has already been growing very significantly since its introduction in 2015. Ethereum becomes one fo the most discussed cryptocurrency projects on the planet today. There are a lot of big players who work behind this cryptocurrency, including Chase, Intel, Microsoft, and also JP Morgan. They build business-ready versions of the app that drives Etherum. If you want to invest in cryptocurrency, you should never forget about this product.
3. Ripple
Ripple is another recommended cryptocurrency that is available today. It is an invention of the Ripple Labs. This product is commonly used in high speed and also low-cost money transfers in the world. According to Ripple Labs, there are several partnerships among this product with other leading money transfer apps and also financial market companies. Ripple is commonly used in the real world now. This product has already risen in value for more than 36,000% since 2017. If you would like to add another investment for your portfolio, you can consider adding this product to your pocket now.
4. EOS
This is another popular cryptocurrency that is available on the market today. It also has smart contracts like Ethereum. EOS is commonly known as the first blockchain operating system. Therefore, the transaction process will be faster than any other cryptocurrencies. This product has good scalability. All transactions on the EOS network can be free. EOS is actively traded because it has less volatility. Therefore, you can hold this product for a long time. It can be a good investment product that you can consider to have. Demands for this EOS cryptocurrency keep increasing from time to time.
5. Litecoin or LTC
If you want to find the best cryptocurrency to invest in 2020, you can take a look at this product. It has a bright future because it is still growing very rapidly today. The price of LTC has already been increasing for about 20x in return since the late of December 2017. This product is very famous for its fast transaction speed. Fast transaction speed is very famous among many people who love to do any transactions with this LTC currency. Nowadays, this product is accepted as the payment method on many websites, including Overstock.com. It is very easy for you to start using this product for paying any of your favorite products or services via the Internet.
6. Bitcoin Cash (BCH)
This is a derivative product from the original Bitcoin project. It is one of the largest cryptocurrencies by market cap. This product is very famous for its fast transaction speed. Bitcoin Cash or BCH is developed by using modified code from the original Bitcoin project. Therefore, it allows a large block size, fast transaction time, and also good scalability. Although this product is not as commonly accepted or as widely known as Bitcoin, the growth of BCH is still promising. It can be a promising alternative to Bitcoin products.
