Popular Cryptos to Be Bought on WhiteBIT

Cryptocurrency is a non-physical medium of exchange created through complex mathematical calculations using cryptographic algorithms and high-tech computing equipment. The first and most popular cryptocurrency globally is Bitcoin, dubbed “digital gold”. BTC is the world-leading crypto based on market capitalization.

Crypto types

Digital assets are divided into:

  • Bitcoin
  • Altcoins (stablecoins also belong here)
  • Tokens

Altcoins (alternative coins) are the assets issued after Bitcoin. They share characteristics with BTC but are also different in other ways. Altcoins present themselves as modified or improved versions of the first cryptocurrency, developed using algorithms that Bitcoin lacks. Examples of alternative coins include Litecoin, XRP, Dogecoin, and Ripple.

Stablecoins are cryptocurrencies backed by either fiat currencies (like USD) or precious metals (like gold). A stable rate makes such assets way less volatile compared to other cryptocurrencies. Stablecoins are used to preserve funds as well as to hedge risks. Popular stablecoins include Tether, USD Coin, Paxos, and so on.

Tokens are virtual assets that do not have their own blockchains. They can be used for payments; however, their primary use-cases depend on the project’s specificity. In other words, besides value, tokens provide you with access to the platform’s unique services.

Major cryptocurrency exchange platforms allow you to buy, exchange, and sell hundreds of cryptos. It is believed that the larger the platform is, the more cryptocurrencies are listed on it. The most popular cryptocurrencies are offered by almost any exchange. Before you start using an exchange, you should carefully study its conditions, namely:

  • fees
  • support of fiat currencies;
  • terms of deposits and withdrawals;
  • level of reliability;
  • reputation;
  • AML and KYC compliance, and so on.

Popular cryptos in 2022 are:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Tether (USDT)
  4. BNB (BNB)
  5. U.S. Dollar Coin (USDC)
  6. Cardano (ADA)
  7. Solana (SOL)
  8. XRP (XRP)
  9. Terra (LUNA)
  10. Polkadot (DOT)

All these crypto assets, as well as many others, are available on the WhiteBIT cryptocurrency exchange.

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18 Comments

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    Even though the NFT sector is still in its infancy, it has already matured enough to show a wide range of user applications and is becoming more user friendly overall. Artists can now easily create and sell their artworks with a true digital savvy. Domestic digital property rights are an extremely powerful and revolutionary new breakthrough that allows creators to develop new distribution methods, opportunities for collaboration, and ultimately greater control over their works. The NFT industry has been captured by the imagination of digital natives, auctioning NFTs for hundreds of thousands and even millions of dollars in cryptocurrencies.

    • 3

      Good day everyone! Without a doubt, there are a lot of fraudulent schemes in the field of working with digital assets such as crypto and NFT. To protect your digital assets from counterfeits, you should use the Wakweli infrastructure protocol. This way you can verify and validate the uniqueness and authenticity of your NFTs and other tokenised assets. And this will be confirmed by the Wakweli certificate.

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    Technology is one of the most important aspects of our lives. It has the ability to make our lives easier, more efficient, and more enjoyable. It has the power to change the way we do things, and the way we think.

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  6. 7

    Cryptocurrency has never been an easy topic to learn, it has always wanted to accept only hardworking and, most importantly, patient people. But, if you do want to learn something new, you can start with the articles on one website. Here, by the way, is the last article of theirs that I read – https://tabtrader.com/academy/articles/what-is-a-blockchain-oracle you can just browse around the site and see what else you will find there useful for yourself, because I have already reread almost everything.

  7. 8

    Cryptocurrency can be very profitable but also risky for beginners. You will need to learn a lot about the markets, technical and fundamental analysis, recognizing market cycles and generally getting used to all the uncertainty and volatility of markets.

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      Hi. I really like Kraken crypto exchange and I started my way into trading with it. If you want to make money on this exchange, then you can use a trading bot. If you want to learn more about this bot, then I advise you to follow this link https://3commas.io/kraken-us-trading-bot and learn how an automatic trading bot can help you earn money on the Kraken exchange

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    Financial literacy has always been one of the most important things because it is necessary for everybody to have knowledge in this sphere. I know there are many ways to make money, but I prefer to use this site https://tradersunion.com/ratings/fond/common/ to know more about the best brokerage accounts. Recently I read some reviews about that and you can also try to do that. This is legit, so you can also use this simple method to get benefits.

  12. 14

    This area is interesting to learn. I’d love to dive into this topic and if anyone can recommend which platforms I should choose for trading, I’m happy to get something.

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    • 16

      Thanks guy for this info. I like read more and learn cryptocurrency as much as possible and I’m grateful to you for such useful information. So I think you will tell me something more about it.

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    I believe that nowadays, it’s necessary for everyone to know the basics of crypto because this technology has a bright future, and in a few years, it’ll be used almost everywhere. That’s why I read this blogand learn new info about it. I even thought of developing my own project, but I understand that I’m still not really into this field to do something like that.

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