The Best Alt Coins And Where To Buy Them

Congratulations! You're about to jump into one of the most exciting investment opportunities today. Digital currencies not only offer a number of advantages over traditional currencies, including fraud prevention and accessibility to people around the world; they have also seen remarkable growth in value as the blockchain ecosystem develops and becomes more mainstream. But where do you even buy cryptocurrency, and how do you know which ones are worth investing in? Well, we've compiled a quick list to get you started, so without further ado, here are four amazing alternatives to Bitcoin worth investing in and how you can purchase each of them...

Etherium's coinage, Ether, is another extremely hot commodity right now, probably second only to Bitcoin and with the potential to eventually overtake it in value. Ether still has a slightly more beginner-friendly buy-in rate than Bitcoin, so if you're looking for an alt coin with pretty high potential to make you some serious cash, Etherium isn't a bad place to start.

Ether is available for purchase somewhat widely, but often, you'll have to exchange Bitcoin for it. Coinbase is one safe place where you can simply purchase Ether just like Bitcoin, but if you're new to investing in cryptocurrency and may want to buy a variety of alt coin, brokers like eToro makes it easy to get started. You can use your credit card to purchase on their site, and its instant transactions make it simple to lock in a price for your cryptocurrency, so you don't have to worry about sudden market fluctuation.

Although Ripple uses blockchain technology, the principle behind it differs slightly from more traditional forms of cryptocurrency in that the blockchain doesn't necessarily store value so much as it does records of money owed, kind of like traditional banking, which is one reason banks like the Bank of Tokyo use its open source digital payment network. (That and a 4 second transaction time.) Regardless of your opinion of it, because it's gaining such mainstream popularity, it's definitely not a bad idea to invest in Ripple's coinage, XRP.

Ripple is available for purchase on exchanges like Bittrex, but if you want a more simplified experience, you can purchase Ripple with your credit card on brokers like eToro. You also get complete control over your funds with unlimited daily withdrawals in your secure account on their online platform.

Litecoin is currently the fourth largest cryptocurrency available, and although there are approximately four times the amount of available Litecoins as there are Bitcoins, they remain closely connected and see similar scales of growth, with Litecoin reaching an all-time high in December of 2017, just as Bitcoin did.

You can purchase Litecoin on markets like Bittrex, Binance, and eToro for a safer, more holistic cryptocurrency investment experience. In fact, eToro provides beginners with an easy path to trading that doesn't involve specific software or wallet installation. Everything can be managed through their online platform, from buying to trading to liquidating assets when you want your money back.

Bitcoin Cash or BCash is the same coin as the original Bitcoin, but the blocks in the blockchain are larger (8 MB), which means that transaction times are faster and that more transactions can be processed. BCash also offers wipeout protection, a pretty important security feature that the original Bitcoin does not have.

You can buy Bitcoin Cash on exchanges like Bittrex, but if you want an even more secure experience, you can try eToro. They have a proven track record of online trading safety, and with their super user-friendly app, you can keep a close watch on your trading from anywhere!

Dash also boasts enhanced privacy and security in addition to very, very low transaction rates, but it has a higher commitment to its decentralized peer-to-peer principles than Ripple. It also has one of the fastest growing networks out there today.

You can buy Dash on their website, but that involves downloading their wallet, which means a separate tool for managing your Dash Coin than your other cryptocurrencies. eToro can be the broker for all of your Dash needs. You can purchase it with your credit card and can copy the trades of more experienced investors buying and selling Dash Coin thanks to their CopyFunds feature!

Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.