Recently, the cryptocurrency industry encountered a bear market, but many players began to trade frequently, which verified the theory of buying low and selling high. In addition, many new cryptocurrencies have been developed recently, which indicates that the bull market is coming. We can obtain a lot of information from the data on the best crypto exchange CoinW. Learn about the best cryptocurrency to buy.
Recently popular cryptocurrency
Despite the spread of the bear market, there are still some cryptocurrencies and projects with a sound future, which may survive and reach a record high. When this happens, investors who buy now will get high returns.
LTC
Litecoin (LTC) is an open source blockchain project, which was launched in 2011 and created by Charlie Lee, a former Coinbase software engineer of Crypto Exchange. It is one of the earliest digital currencies, and its code is a copy of Bitcoin. Although similar to Bitcoin, it aims to provide faster confirmation time for transactions. It can be used as a way of paying directly to anyone anywhere in the world. The term “silver to bitcoin gold” is widely used to describe LTC. The total supply of Litecoin is 84 million. It reached a record high of $413.47 in May 2021, but then fell by more than 50%. As more and more enterprises around the world accept Litecoin, Litecoin ranks 21st; Each token is worth about $106. Its current market value exceeds 9 billion dollars.
MATIC
Polygon was called MaticNetwork before it was renamed, which is a blockchain extensible platform used to connect and build blockchain networks compatible with Ethereum. Polygon provides Ethereum with a wide range of extended architecture solutions, such as MaticPoS chain and Plasma chain. Compared with the direct use of Ethereum, this leads to a much lower cost. Polygon has 1000 transactions per second, making it one of the fastest networks.
Uniswap
Uniswap is a decentralized exchange (DEX) project, which consists of a group of smart contracts running on the Ethereum blockchain. Uniswap encourages its users to maintain the liquidity of the exchange, providing participants with part of the transaction costs and newly minted UNI tokens. Uniswap is one of the most popular Decentralized Finance (DeFi) protocols. It uses a variety of cryptocurrency assets (including its native UNI token) to provide almost the same services as traditional exchanges – and has the additional benefits of decentralization. Uniswap does not charge any currency fees, and gas costs are significantly reduced and more decentralized.
The best app to buy cryptocurrency
CoinW
CoinW is one of the most secure applications. It has never had any security problems since its establishment. Using CoinW to conduct cryptocurrency transactions can save a lot of costs, because you can enjoy zero service charge in many cases. CoinW has a simple operation interface and detailed tutorials in the background. Whether you are a beginner or a non brainier, you can quickly master the use skills. That is why it is rated as one of the best applications for buying Bitcoin.
OKEX
OKEX is one of the world’s famous international stations for digital assets. It mainly provides spot and derivative trading services for digital assets such as Bitcoin, LiteCoin and Ether for users around the world. It belongs to OKEX Technology Company Limited. OKEX service charge, spot transaction rate (currency transaction) is 0.15% – 0.1%; The leverage lending rate is 0.01% – 0.098%; Free service charge for transactions in French currency; The futures trading rate (contract trading) is 0.02% – 0.05%.
BitMEX
BitMEX, founded in the Republic of Seychelles, is the most advanced Bitcoin derivatives exchange, providing up to 100 times the leverage for Bitcoin products, as well as high leverage for other digital currency products. The service charge of BitMEX and the futures transaction rate (contract transaction) are 0.01% – 0.075%.
Final thoughts
The above content introduces the most suitable cryptocurrencies and the best applications for purchasing cryptocurrencies. However, these cryptocurrencies that are suitable for purchase in the near future do not mean they are worth buying forever. This requires continuous data review and analysis through the CoinW platform to determine which cryptocurrencies can be purchased or sold quickly. Therefore, it is very helpful for us to register a CoinW platform.
