You must have heard about crypto currencies. Crypto Currencies are built on the blockchain technology which is not only secure but also a faster mode of payment. However, for the normal people it can be a very tricky sector to handle on their own if you don’t have enough knowledge to know where and how and how much you should invest. You can end up in a sticky puddle. But before that the real question arises if you should even invest in crypto currencies. Crypto currency is very volatile market and for the past few years the market has seen its worst downfalls in 2018. However it is starting to take steps and trying to pull itself back on its own feet. It is true that crypto currency has a lot of potential to even replace our traditional payment currencies and payment methods. However it is very pretty mind blogging for someone who is not familiar with crypto currency to properly invest even if they want to. So this is how and where you should invest altcoins in.
So, let’s starts with Ethereum. This is the second most valuable crypto currency after Bitcoin. However you should realize that there is certain difference between Bitcoin and Ethereum. Ethereum has more to offer in addition to being just a digital currency. You can build a blockchain based smart contract and decentralized apps with Ethereum as it provides a platform for developers. It is considering the next big thing as it has a head start as the first crypto currencies which are introduced for smart contracts. As for launching initial coin offering Ethereum is the most preferred platform. In this respect Ethereum is attractive to both developers and Investors. However the biggest challenge it has been facing is scalability. It is predicted that it will increase in the coming years. So where to buy Ethereum? You can purchase Ethereum from any popular exchange. It includes Coinmama, Coinbase or Gemini. In fact many exchanges support credit or debit cards in addition to bank transfer.
Litecoin is one of the oldest altcoins. Basically this is a digital currency but there are many improvements. The ultimate aim of Litecoin was to overcome the shortcomings of bitcoins, specifically its slow transaction speed. In fact Litecoin have a four times faster speed than Bitcoin. It uses the same technology as Bitcoin and can be considered the closest rival of Bitcoin as well. However buying, receiving for sending Litecoin is a complex process. Litecoin does have easy integrations for most E-Commerce platforms. This means that Litecoin do have the potential to become more mainstream oriented and even more promising service around the world. As for buying Litecoin, you can buy it from Kraken, Bitsquare and Coinmama.
NEO is another Altcoins, which was originally called AntShare. This is also built on a platform which is designed for developing decentralized applications, smart contracts and ICOs. Known as the Chinese Ethereum NEO also follows the footsteps of Ethereum. Apart from the giant sectors you also have Cardano, EOS, and Dash.
Now that we have a list of all the Altcoins exchange or trading sites, it is obvious that all coins are out there in the market. However it is advised that you do your own research and studies before making a final decision to avoid any mistake or mishap. It not done properly, you can even lose your coins.