The cryptocurrency that are not bitcoin
Do you know the cryptocurrency that are not bitcoin? The explosion of bitcoin has made way for many coins to come onboard.
Many investors are not aware of the cryptocurrency that are not bitcoin. We have made it easier for them to know the coins that are cryptocurrency.
If you want to make smart financial decisions when it comes to these coins, you should know the type of coins you are investing.
With altcoins in large numbers on the market, you should be careful of the type of coin you go for when you want to invest.
You should do your research before you can invest in a coin. We have listed some of the cryptocurrency that are not bitcoin.
Cryptocurrency that are not bitcoin?
Zcash
Market capitalization: $634 million
Privacy and security are some of the appeals of the Zcash. Transactions are listed on a blockchain, while the details of sending, amount, and recipient are private.
It offers users the opportunity of sending private or public payments.
Ethereum
Market capitalization: $28 billion
Ethereum is among the cryptocurrency that are not bitcoin. It offers amazing opportunities for investors because of its smart contract features.
Ripple
Market capitalization: $12.92 billion
Ripple is among the coins that defined the traditional banking sector. It was created to stand out when it comes to facilitating global payments.
Bitcoin Cash
Market capitalization: $9.1 billion
The decentralized structure of Bitcoin Cash makes it a great coin to use. Bitcoin Cash took off from bitcoin because of the scaling challenges.
Cardano
Market capitalization: $2.47 billion
Cardano is among the cryptocurrency that are not bitcoin. It can be used for transferring money digitally. However, it comes with smart contracts and can run financial applications.
It offers privacy with regulation with the aim of improving financial inclusion.
Litecoin
Market capitalization: $3.32 billion
Litecoin is created like Bitcoin Cash. It was developed as a fork from bitcoin. It offers a quick settlement goal.
You can get your transaction within two-and-a-half minutes, compared with 10 minutes for bitcoin. You can buy Litecoin and sell on mainstream exchanges like Coinbase.
Buying altcoins can bein when you Ethereum or bitcoin on an exchange for coins like Coinbase, before going for other exchange.
NEM
Market capitalization: $940 million
NEM is among the cryptocurrency that are not bitcoin, created to help in improving logistics and payments. It stands out in its customization.
NEM helps you develop your entry point into the blockchain industry. If you’re an experienced developer, NEM has the power you need to create cutting-edge blockchain apps.
Why you should know cryptocurrency that are not bitcoin
You can save yourself the mistake of investing in the wrong coin if you know the cryptocurrency that are not bitcoin.
Stellar
Market capitalization: $4 billion
Stellar is still researching the way banks, payments, and people make transactions. The co-founder, Jed McCaleb built and sold Mt. Gox, the first bitcoin exchange.
He also co-founds Ripple. Stellar’s currency is called lumens.
NEO
Market capitalization: $1.19 billion
NEO develops a framework for the “smart economy.” The smart economy is a platform where digital assets can be move.
It offers smart contracts, which make everything work smoothly.
IOTA
Market capitalization: $1.63 billion
IOTA means Internet of Things Application. It is gaining traction over the years and attracting more investors.
The concept behind IOTA is that the more smart devices increase or grow, the more micropayments become easier. This type of payment requires a smart platform like IOTA to happen.
Dash
Market capitalization: $1.21 billion
Dash is among the cryptocurrency that are not bitcoin. It allows people to buy goods and services. It runs like bitcoin.
The coin is a portmanteau of digital and cash. Dash is supposed to be faster and cheaper than bitcoin.
Monero
Market capitalization: $1.56 billion
Monero provides pretty good privacy for its users and aims be totally opaque.
TRON
Market capitalization: $1.52 billion
TRON is wants to “decentralize” the internet to help musicians, artists and others can share their creations without having to rely on a “centralized services.”
