The world economy is facing a major disruption these days due to the massive breakout of the pandemic COVID-19. But if we believe the hearsay, the cryptocurrency market is safe to invest in because experts believe that when the world economy will stand up on its feet again, the crypto market is going to see huge success. Therefore, this is the best time to plan your investment in the crypto market. Today, we will talk about the top 10 best altcoins to invest in 2020. The current price of all these altcoins are mentioned towards the end of this article.
When the first-ever altcoin was launched in 2011, most of the world was unaware of its prospects. With time, it took the market by storm and by the year 2013 – 14, altcoin was the topic of interest among investors. Investment in altcoins was always a fruitful decision to make in past years so much so it is nowadays. Let’s cut to the chase and talk about which are those most popular 10 best altcoins ruling the market.
This is one of the most popular ones among investors. There’s not much difference between the payment gateway of a bank and the payment gateway of XRP. The reason behind its huge popularity is the offerings it makes to its users.
It offers end to end encrypted high security and the service cost offered is very low for this altcoin. It also allows for instant international transaction facilities. The transaction validation for this system’s payment gateway is fully protected and secured. The high-end technologies built with this system makes it one of the topmost secure payment transaction options. The current price of XRP is $0.175546.
Are you looking for something that can provide you with secure trading facilities? Then IOTA would top the chart for you. The intelligent base of this program is fully designed to serve the Internet of things with the most secure facilities out there.
Data is the most important factor in today’s world and IOTA protects that. Protection, control, and management of data are the most interesting security features of this platform. It is absolutely different from traditional platforms when it comes to securing important data. The current price of $0.144128.
New Economy Movement (NEM) is the first–ever ‘Proof of Importance’ (PoI) enterprise whose main backbone is the technology related to blockchain. NEM works closely with the ‘smart asset system’ of a company.
The smart asset system includes different invoices, crypto tokens and everything related to this field. These records are pretty helpful in the customization of blockchain as per demands. The current price of $0.039444.
Basic Attention Token (BAT) is one of the most trusted altcoin. The most significant feature of BAT is that it believes in rewarding publishers and advertisers if they provide high-quality content to people out there.
BAT tokens are most prominent to people who spend time watching some advertisements, & they can also pay BAT tokens to buy products. The current price of $0.148850.
Are you looking for an alternative to the regular crypto coins? Try Vechain. The enterprise-level platform allows its users to implement blockchain in instantaneous applications.
It allows users to manage their coins themselves to pay for products they wish to use. Initially, a blockchain changed into a cryptocurrency that circulates automatically; that’s what Vechain is. The current price of $0.003299.
This crypto platform allows immense security to its users and several wonderful features as well. This is one of the most notable and well-known crypto platforms offered in the world.
The platform’s integrity is the main asset of this company. It cares a lot for its clients and that is why most of the traders depend on this platform. The current price of $0.208030.
Ontology, that used two different tokens – ONT and ONG, has become a high-performance public blockchain that includes two main systems – the distributed ledger system and the smart contract system. The dual token system enables using ONT for staking in consensus as a coin.
However, ONG, on the other hand, is used for on-chain services as a utility token. Ontology keeps on constantly developing new modules for different distributors. It can also be customized for use in different applications and has various protocols to support collaboration between different chain networks. The current price of $0.385484.
Ravencoin, abbreviated as RVN, especially known for its creation. The process used for the transfer of assets is a very popular peer to peer process.
This is another open-source blockchain-based platform. Here the traders can use the coin and trade in digital assets and in real-time assets as well. The current price of $0.015255.
9. Enjin coin
The gaming community that uses this platform is scattered across the world and they have a community that consists of more than twenty million people across the world. This Enjin altcoin is safe and secured. The current price of $0.088990.
Nexo stands out amongst all these cryptocurrencies. This is mainly because it offers a unique feature of offering loans with their crypto platform. Nexo allows opening a whole new venture in online trading by offering several new features.
Any user can take a digital currency as an asset for their businesses. When you are doing business with NEXO, you can expect complete protection and inclusive transparency. The current price of $0.107598.
Future of Altcoins in the Online Trading World
Altcoins have a variety of features to offer and this makes it very much appealing to investors as compared to other trading options. However, several cryptocurrency exchanges are well known for faking the trading volumes to attract more investors and users so it is always advised to do a detailed study into the market from as many sites and sources as possible before investing in it.
Must Read: Bitcoin Halving 2020: Boom or Bust?
From time to time the currencies keep rising and falling depending upon the market and popularity among traders. Each of these competes with each other. But it has been seen that the ones mentioned here have shown positive results. These provide special benefits in comparison to other altcoins that are available in 2020.
Best Cryptocurrency Exchanges to Buy Altcoin in 2020
CoinDCX – CoinDCX is India’s most advanced and leading cryptocurrency exchange among traders. The wallet of CoinDCX gives a wonderful trading experience which is secure, reliable and agile as well. It helps traders to trade in more than 250 altcoins benefiting upto 6x with extensive liquidity from various exchanges of the world.
WazirX – WazirX is the most trusted and cheapest place to buy, sell, and trade Bitcoin and altcoins in India. It recently launched WRX Token on the Binance Launchpad. WRX token lets potential traders exchange in many digital assets like Bitcoin, Litecoin, Dash, etc.
Binance – Binance is one of the fastest and most popular cryptocurrency exchange platforms in the world, capable of processing over 1.4 million orders per second. The platform focuses on security, robustness, and execution speed – attracting enthusiasts and professional traders alike.