Top 10 cryptocurrencies to invest in 2020
Top 10 cryptocurrencies to invest in 2020
In this guide, we’ll show you the top 10 cryptocurrencies to invest in 2020 and why. In addition, we’ll explain how you can invest in your favorite cryptocurrencies with a credit or debit card in an easy and fast way. Also, we will teach you how you can store your funds safely.
Let’s start with that which brought you to this article, the top 10 cryptocurrencies to invest in 2020.
Top 10 cryptocurrencies to invest in 2020
Despite the fact that today there are hundreds of analyzes on which are the best cryptocurrencies to invest in 2020, this is our top 10:
- Bitcoin (BTC)
- Ethereum (ETH)
- XRP (XRP)
- Litecoin (LTC)
- Binance Coin (BNB)
- Cardano (ADA)
- Chainlink (LINK)
- Basic Attention Token (BAT)
- Nexo (NEXO)
- Verge (XVG)
In our blog post “The 5 Best Cryptocurrencies to Invest in 2020“, we covered why Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Litecoin (LTC) and Binance Coin (BNB) are the best cryptocurrencies in which you can invest this year. However, let’s take a brief look at these 5 cryptocurrencies once again for you to have a complete overview and understand the differentiating factors from one cryptocurrency to the other.
4. Litecoin (LTC)
Litecoin is based on the Bitcoin code, which gives it credibility and interest from cryptocurrency enthusiasts. It is currently ranked No. 5 in terms of market capitalization.
5. Binance Coin (BNB)
6. Cardano (ADA)
Also known as “Blockchain 3.0” or “third-generation blockchain”, Cardano (ADA) is the first blockchain project that has been developed based on scientific philosophy. Furthermore, this project is the first to be designed by a global team made up of different academics and engineers from the blockchain community. Currently, Cardano (ADA) is already within the top 10 of the cryptocurrencies with the highest market capitalization. Therefore, Cardano (ADA) cannot is a must on the top 10 cryptocurrencies to invest in 2020.
7. Chainlink (LINK)
The use of the technology behind Chainlink (LINK) has significant potential to improve the way smart contracts work. Currently, Chainlink operates with established contracts on the Ethereum network. However, it is expected that as decentralized finance (DeFi) continues to grow, more cryptocurrencies will be added to the Chainlink network.
8. Basic Attention Token (BAT)
The Basic Attention Token (BAT) distinguishes itself by being used as a rewarding method for content publishers on popular platforms. For example, Reddit, Twitch, Twitter, or YouTube. The integration in the mobile browser Brave 1.0, launched in October 2019, also reinforces the growing popularity of this cryptocurrency.
9. Nexo (NEXO)
Since its launch in 2018, Nexo (NEXO) has become the world’s largest lending institution in the digital finance industry. Their cryptocurrency and stablecoin savings accounts have generated a lot of interest in the crypto community. Furthermore, the platform also has its own currency, the Nexo Token. By obtaining this currency, you can increase the interest on the savings accounts and also receive dividends from the company.
10. Verge (XVG)
When there have been bullish trends in the market, Verge (XVG) has risen in value by over 5,000%. Hence, the same could be expected to happen once a new bull cycle begins. It should be noted that the market, in general, has been in a downtrend since January 2018. Therefore, it is worth monitoring the evolution of Verge (XVG) within the 10 best cryptocurrencies to invest in 2020.
How to invest in the top 10 cryptocurrencies of 2020
Now that you have a better idea about the top 10 cryptocurrencies to invest in 2020, we’ll show you 7 easy steps to acquire them. For this, we’ll introduce you to the Bitcaribe platform, where you can buy and store your favorite cryptocurrencies.
How to buy cryptocurrencies in 7 easy steps
- Visit the buying platform
- Select the cryptocurrency you want to buy
- Insert your wallet address* and click on Buy
- Insert your email and click on Continue
- Fill in the code sent to your email and click Continue
- Enter your personal information (name, date of birth and address)
- Choose your payment method and click on Buy
Note that these steps apply to immediate purchases that do not require identity verification. This is possible up to an amount of USD 150, – per month. If you want to buy more than this, please visit the following guide to verify your identity and make purchases of up to USD 20,000 per month.
* If you want to use the Bitcaribe wallet to store your favorite cryptocurrencies, just follow the steps below.
How to store your cryptocurrencies safely
- Visit the wallet platform on mybitcaribe.net
- Click on Not a member? Sign up now!
- Insert your email address and password and click on Continue
- Enter your email and copy the verification code
- Paste the verification and register
- Log in and choose the cryptocurrency wallet where you want to deposit your funds
We hope that our top 10 cryptocurrencies to invest in 2020 have given you a clear perspective of the dynamic and growing market for cryptocurrencies.
If you still have any doubts or questions, don’t hesitate to contact us through the following channels:
- Email address: [email protected]
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- LinkedIn: @bitcaribe
- Top 10 cryptocurrencies to invest in 2020 - 10/14/2020
- A simple guide for your first cryptocurrency wallet - 09/02/2020
- Top DeFi Apps 2020 - 07/26/2020
