Top 10 Cryptocurrency In The World

Top 10 Cryptocurrency In The World

Want to invest in cryptocurrency? If so, you should have some information about the world’s top 10 Cryptocurrency.

What is Cryptocurrency?

The definition of cryptocurrency is that the system does not need a central authority.

The term cryptocurrency comes from the encryption techniques used to secure a network.

It will use strong cryptography to secure a record of transactions.

The transaction fee for cryptocurrency is mainly based on the supply of network capacity and the demand of the currency holder.

What is Decentralized Cryptocurrency?

Decentralized cryptocurrency allows for direct peer-to-peer cryptocurrency transactions.

Therefore, decentralized exchange (DEX) does not require an intermediary.

1. BitCoin

Bitcoin is a decentralized digital currency. It does not require any intermediaries.

It can be sent from user to user on a peer-to-peer bitcoin network.

Bitcoin can use as an investment.

The word Bitcoin was defining in a white paper and published on October 31, 2008.

Website: https://bitcoin.org/en/

Source Code: https://github.com/bitcoin/

Whitepaper: https://bitcoin.org/bitcoin.pdf

Market Cap: US$811 billion

Code: BTC, XBT

Exchange Rate: Floating (very volatile)

2. Ethereum

Ethereum is a decentralized and open-source blockchain system.

Ether is the native cryptocurrency of the platform.

In cryptocurrency, ether is second only to bitcoin in market capitalization.

You can buy Ethereum at some of the largest markets include:

  1. Binance
  2. Coinbase Pro
  3. OKEx
  4. Kraken
  5. Huobi Global

Website: https://ethereum.org/en/

Source Code: https://github.com/ethereum

Whitepaper: https://ethereum.org/en/whitepaper/

Market Cap: $410,027,547,799.32

3. Binance Coin

Binance Coin launched in July 2017. It is the largest cryptocurrency exchange globally in terms of daily trading volume.

Changpeng Zhao is the founder and CEO of Binance. A company that provides cloud-based exchange systems to exchange operators.

Binance will support trading pairs in the following coins:

  1. BTC
  2. ETH
  3. LTC
  4. NEO (ANS)
  5. BNB (Binance Coin)

Website: https://www.binance.com/

Source Code: https://github.com/binance-exchange

Whitepaper: https://whitepaper.io/document/10/binance-whitepaper

Market Cap: $66,306,291,168.87

Let’s learn more here: https://akashgadhiya.com/top-10-cryptocurrency-in-the-world-2022/

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