Best Cryptocurrencies or alternatives to Bitcoin

After a 2020 full of uncertainty and unfortunate events, 2021 is presented as the year of financial recovery in which a large amount of liquidity is ready to be invested in multiple assets. And now, more than ever, is the time when cryptocurrencies are most talked about as a real alternative to a centralized financial system and as a good safe haven for years to come, in fact in recent months, they broke the barriers of the previous rise and reaching historical highs in their price. Since the previous rise, the best currencies have remained in use and their price has increased, while others with very promising characteristics have emerged and so we will see some of the best cryptocurrencies apart from Bitcoin.

▸Ethereum

The second most popular cryptocurrency on the market is also to blame for a shortage of graphics cards on the market. Its algorithm makes it ideal to be mined with cards such as NVIDIA RTX, where you can recover the investment in a 3070 (at real market price) in about three months.

▸Tether

Tether is the cryptocurrency that moves the most volume of money, even above Bitcoin itself. The key is that it is a stablecoin, which implies that its price is linked to that of a fiat currency, in this case to the dollar. Thanks to this, its value is always 1, and it is very comfortable to carry out money transfers without fear of losing value due to fluctuations in cryptocurrencies.

▸Binance Coin

This cryptocurrency, created by the Binance cryptocurrency exchange portal, is widely used today. It started as a means of payment for commissions on Binance in exchange for saving a percentage, but little by little it is being used by more and more payment providers. Use the Ethereum blockchain.

▸Bitcoin cash

It emerged as a fork of Bitcoin due to the high commissions that Bitcoin has today. Bitcoin is good for saving and investing, but as a means of payment it is more profitable to use other currencies such as Bitcoin Cash. Its value, however, has not skyrocketed as much with that of Bitcoin in recent years.

▸Litecoin

This is also one of the most popular cryptocurrencies in the world, and it was the second to be created. Its technical design is identical to that of Bitcoin, since it was intended as an alternative to this currency, but aimed at low-value transactions with low commissions.

Related reads:
CryptoCurrencies – What this payment method faces
What you should know about Crypto mining

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