The Best Investment Cryptocurrency
The year 2020 AD is considered a difficult year for everyone, and it was the most challenging year for the financial system and the global economy, especially with the global closures that occurred during it as a result of the outbreak of the Corona virus around the world, and the fear of global economic recession, during which many investors and investment institutions fled The major ones are towards digital currencies for investment, and they are characterized by being encrypted and considered a potential alternative to traditional financial assets, or as a precaution against economic threats. In this article, we will present the best digital currencies for investment and information about each of them.
Contents
1 Bitcoin (best cryptocurrency to invest)
2 Ethereum
3 Ripple currency
4 Litecoin (the best cryptocurrency)
5 Coin Tron
Bitcoin (best digital currencies for investment)
Bitcoin is one of the most important encrypted digital currencies that have emerged recently, and one of its most important features is that it is a currency that never runs out. Less, reliable and inflation-proof store of wealth for Bitcoin and various crypto-assets as a source of return, increasingly less risk, and digital and crypto-currency Bitcoin is expected to replace gold as a store of value.
Ethereum
The Ethereum currency has performed admirably during the challenges that the entire world witnessed during the year 2020 AD, and the Ethereum blockchain network is a permanently open source network, and it is one of the preferred networks for decentralized applications and the original cryptocurrency.
It also underpins the platform for other cryptocurrency platforms, helping to revitalize the decentralized finance sector.
The decentralized finance system is one of the fastest growing sectors in the field of cryptocurrencies, and it can transform loan, insurance and savings programs, and this is what makes it independent of all banks and other central financial institutions.
Ripple currency
It is a new payment system, and the Ripple platform was created to serve as an alternative system for financial payments.
Its aim is to easily transfer payments across international borders, and it is characterized as being completely safe.
It is also instant and almost free.
At the beginning of its appearance in 2013, it had received interest from many financial institutions, and after that
Over the years, it has been approved by 100 financial institutions.
During the year 2020 AD, its network expanded to reach more than 300 financial institutions distributed in 40 countries.
It is considered one of the best digital currencies for investment, as it uses distributed file technology and solves the most important issues, which are:
Speed, cost, risk management, security, traceability, transparency.
Litecoin (the best cryptocurrency)
This coin is affordable, has a short mining time and is highly rewarding.
It cannot be considered as the best performing cryptocurrency, but it is considered one of the 10 most popular cryptocurrencies.
The launch of LiterBringer, the first decentralized fantasy game based on Litecoin, played a role
Significant increase in the transactions of this currency, and it is expected that the price of the currency will rise in the coming years.
Tron coin
Launched peer-to-peer on the Ethereum network, Tron aims to revolutionize the entertainment industry and democratize content creation.
This system works as a content sharing platform, in which users can create and share content in exchange for a reward of TRX currency, and it works as a facilitation system that is more transparent than that used in traditional social networks, and it does not need the presence of an intermediary.