The Most Popular Types of Cryptocurrencies
Bitcoin is the most widely used cryptocurrency. However, it was launched in 2009 only. However, there are many types of cryptocurrencies that have been well-respected and are just as popular now as Bitcoin.
These are the top cryptocurrency based on total coins’ value, also known by market capitalization.
Different Types of Cryptocurrencies
1. Bitcoin (BTC)
Bitcoin was the precursor of cryptocurrency. It is the standard reference coin when discussing digital currency. Satoshi Nakamoto was the currency’s mysterious inventor. It was introduced in 2009 and has been on a roller-coaster ride since. However, cryptocurrency became popularized only in 2017.
2. Ethereum (ETH)
The second most popular name in crypto is Ethereum. The currency ether can be used to perform many functions. Ethereum’s smart contract feature makes the currency very popular.
3. Binance Coin (BNB)
Binance Coin is the cryptocurrency Binance has released. It is one of the most well-known crypto exchanges in the world. Binance Coin was initially created to facilitate discounted trades. It can be used to pay for goods and services, as well as to make payments.
Originally published on The Tech Trend
