Best cryptocurrencies in 2024

What is Cryptocurrency?

From 1600 AD to 1900 AD, paper currency gained wide popularity and was used across the world. It is the modern Currency of that time that came into existence. Current Currency includes paper currency and coins, credit cards, and digital wallets. You have Amazon Pay, PayPal, ATM, and others to transfer these currencies. All of them are controlled by the banks and governments. It means there is a centralized regulatory authority that limits how paper currency and credit cards work. 

Now the future of currencies lies with CRYPTOCURRENCY. It is a digital payment system that enables you to send and receive payments from anyone anywhere. New crypto coins 2024 with a top list.

Cryptocurrency does not exist like paper currency and is not issued by a central authority; that’s why cryptocurrencies do not rely on banks. Instead, you can use a digital wallet to store your cryptocurrency. The word “Cryptocurrency” is derived from encryption to verify transactions between wallets and public ledgers.

Best Cryptocurrency to Buy Now:

New Crypto Coins 2024

1. Bitcoin
2. Litecoin
3. Dogecoin
4. Binance Coin (BNB)

Best crypto to buy:

Bitcoin:

As its name suggests, Bitcoin is an electronic currency. Before Bitcoins, it was not possible to make electronic payments without the help of a third party like a bank or a payment processor; this process is slow, expensive, and not available to everyone. To solve this problem, Bitcoin operates without a trusted third party. Instead, it works as a peer-to-peer electronic currency it means payments are sent directly from one person to another. Eventually, the Bitcoin network needs to be updated to keep the transactions fast, cheap, and reliable. Therefore, Bitcoin can be categorized into two currencies “BCH” and “BTC.”

Bitcoin Cash “BCH” can process 100 transactions per second at a lower cost. On the other hand, BTC can only process 3-7 transactions per second. You can also buy a Tesla car with Bitcoin.

Here choose the best crypto to buy: Bitcoin.

Litecoin:

The Silver to Bitcoin Gold is Litecoin was created by Charles “Charlie” Lee in October 2011. It is a decentralized peer-to-peer network for payments using its native coins LTC which means it’s used all around the globe and sent LTC to each other without a third party to validate payments and an open-source project to ensure security. Litecoin is the best new cryptocurrency.

Litecoins offers Faster Transactions, Cheap Transactions, and more Decentralized. With Bitcoin, a new transaction is added to the blockchain every 10 minutes, and Litecoin takes just two and a half minutes with faster speed.

Best cryptocurrency to buy now: Litecoin

Dogecoin:

Dogecoin is one of the easiest and fastest cryptocurrency methods, launched on December 6, 2013, that you can buy or sell like an investment. You can spend it like money or transfer it to anyone you want in seconds. Like all other cryptocurrencies, Dogecoin allows you to make safe and quick transactions, sometimes even faster than Bitcoin.

Dogecoin has many incredible qualities over Bitcoin that make it unique as the supply numbers in the market are increasing day by day. As it’s getting popular, more and more Dogecoin is acceptable as money in many stores.

Best crypto to buy: Dogecoin

Best new cryptocurrency

Binance Coin (BNB):

Binance was launched in July 2017 by CHANG PENG ZHAO ‘CZ.‘ Binance lacks programmability & smart contracts incompatible with ETH DApps. Instead, Binance supports Binance Chain and Binance Smart Chain are two separate blockchains that offer different features and functionalities. BNB is the best new cryptocurrency.

Depending on the amount of BNB you plan to buy, you can store it either on a software or Hardware Wallet. For example, if you purchase a small amount of BNB, you can either keep it on a Binance exchange account or a free software wallet like (Exodus, or Coinomi). So, if you are planning for a larger amount, it is safest to store it on a dedicated device known as a hardware wallet (Nano X, Model T).

Best cryptocurrency to buy now: BNB

New Crypto Coins 2024