bitcoin
Bitcoin (BTC) $ 29,309.00 3.32%
ethereum
Ethereum (ETH) $ 1,985.41 2.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 194.12 2.49%
litecoin
Litecoin (LTC) $ 70.39 2.02%
eos
EOS (EOS) $ 1.33 2.27%
monero
Monero (XMR) $ 184.50 0.94%
neo
NEO (NEO) $ 11.47 5.58%
iota
IOTA (MIOTA) $ 0.339568 3.32%
dash
Dash (DASH) $ 60.42 0.03%
zcash
Zcash (ZEC) $ 100.02 6.64%
dogecoin
Dogecoin (DOGE) $ 0.084278 3.07%

How many cryptocurrencies are there?  How much is a crypto coin worth? and What is the best Cryptocurrency? these are the most common asked Questions when talking about Cryptocurrency.

There are almost 6,000 cryptocurrencies in existence today ( we have data of 5778 diffenrent cryptocurrencies).  the Value of the crypto currency is very volatile , this makes it such an interesting financial asset tfor trading and as you see in the table below many people do. Bitcoin is leading the pack but there are many others. 

CryptoCurrencies Guide will take you into the world of Cryptocurrencies with providing you with the Latest News and updates, Forex brokers where to Trade Crypto, Bext Exchanges Price Charts, Trading Opportunities and much more

Top 50 Cryptocurrencies for Trading today
#CoinPriceChangeMarketcapVolume (24h)
1
bitcoin
Bitcoin
BTC
$ 29,309.003.32%$ 557.89 B$ 25.89 B
2
ethereum
Ethereum
ETH
$ 1,985.412.62%$ 240.13 B$ 14.42 B
3
tether
Tether
USDT
$ 1.000.07%$ 73.30 B$ 47.58 B
4
bnb
BNB
BNB
$ 322.961.17%$ 54.28 B$ 1.78 B
5
usd-coin
USD Coin
USDC
$ 1.000.31%$ 53.45 B$ 5.31 B
6
xrp
XRP
XRP
$ 0.4117402.98%$ 19.91 B$ 1.78 B
7
binance-usd
Binance USD
BUSD
$ 1.000.00%$ 18.36 B$ 6.98 B
8
cardano
Cardano
ADA
$ 0.5191874.52%$ 17.58 B$ 597.30 M
9
solana
Solana
SOL
$ 50.005.08%$ 16.95 B$ 1.37 B
10
polkadot
Polkadot
DOT
$ 10.140.02%$ 11.33 B$ 649.39 M
11
dogecoin
Dogecoin
DOGE
$ 0.0842783.07%$ 11.18 B$ 454.96 M
12
staked-ether
Lido Staked Ether
STETH
$ 1,944.612.12%$ 8.16 B$ 57.55 M
13
wrapped-bitcoin
Wrapped Bitcoin
WBTC
$ 29,191.003.28%$ 8.08 B$ 266.69 M
14
avalanche-2
Avalanche
AVAX
$ 29.486.85%$ 7.96 B$ 716.35 M
15
tron
TRON
TRX
$ 0.0794861.80%$ 7.58 B$ 1.36 B

Latest Articles

China takes battle for cryptocurrency hegemony to new stage

0
TOKYO -- Global competition for supremacy in digital currencies has entered a new phase with China's creation of an East Asia cryptocurrency scheme and American social media company Facebook adjusting its Libra plan in line with the stance of U.S. regulators.

Cryptocurrency This Week: Binance Charity Fund Donates Close To $4 Mn To Covid-19 Affected Countries & More

0
The cryptocurrency exchange Binance’s donation platform, Binance Charity launched a giving campaign, offering more than $4.38 Mn donations to Covid-19 hotspots all over the world, including India, China, Italy, Japan, Spain, United States among others.

Five reasons why India needs a crypto revolution

0
It’s hard to think of an economy with more to gain from dropping its inhibitions and embracing cryptocurrencies than Asia’s third-largest. India is the site of one of today’s liveliest — and most perplexing — debates on digital mediums of exchange. One moment, the Reserve Bank of India is banning commercial lenders from dealing with…

Gifts and Remittances: Bitcoin.com’s New Tools Allow People to Send BCH via Email | Promoted Bitcoin News

0
Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are ... read…
Ubisoft Steals Fortnite’s Verbalize With Recent Fight Royale Sport

Ubisoft Steals Fortnite’s Verbalize With Recent Fight Royale Sport

0
Ubisoft is preparing to release a battle royale game, sources reveal. Called Hyper Scape, the game is a futuristic first-person shooter set in a virtual world. The game could become the next big Fortnite competitor. Tweets published by esports journalist Rod “Slasher” Breslau Monday revealed that Ubisoft is developing a battle royale game. The title,…

‘Careless’ Users Are Ruining Ethereum’s Privacy: Paper – CoinDesk

0
Ethereum is losing its privacy, warns a new paper, as “careless” users make linking their addresses to real-world identities easy. With the disquieting title, “Blockchain is Watching You,” the paper – a joint-publication from researchers at the Institute for Computer Science and Control in Hungary, Eötvös Loránd University, Széchenyi István University and HashCloak – argues…
Barclays’ Deep-Fried Past Meat Downgrade is BYND Past due

Barclays’ Deep-Fried Past Meat Downgrade is BYND Past due

0
Beyond Meat stock reeled on Monday after a double analyst downgrade. Investors still aren’t talking about the biggest problem facing BYND. Competition, competition and more competition in the plant based space. Barclays has issued a double downgrade to Beyond Meat (NASDAQ: BYND). Shifting the stock to “underweight,” the bank has drastically changed its tune on…
Maverick Meghan Markle? This Would possibly well well Be Her Election Year!

Maverick Meghan Markle? This Would possibly well well Be Her Election Year!

0
Meghan Markle hasn’t seen any success in her quest to establish herself as a Hollywood A-lister. Rumors of political aspirations suggest the Duchess of Difficult fancies herself as a future U.S. president. In the meantime, could Election Year and Maverick Johnson Malone be Meghan’s coming out party? As Meghan Markle slowly realizes that the Hollywood…
This Is the Inventory Market Headwind Stalling the Rally

This Is the Inventory Market Headwind Stalling the Rally

0
The stock market surged in late March after the Federal Reserve started printing money. The “money printer go brrr” crowd loves it. But what happens when the printing press reaches its maximum? 2020 has seen a 1929-style stock market meltdown, a retail investor-fueled 1999-style rally, and even Zimbabwe is having a repeat of its 2008…
Will Destiny 2 Ever Resolve Out What Game It Desires to Be?

Will Destiny 2 Ever Resolve Out What Game It Desires to Be?

0
Destiny 2 held its first live community event earlier this month. It’s possible we’ll see two factions form within the game. That sounds oddly familiar… and it’s not the only uncanny similarity. Earlier this month, Destiny 2 debuted its very first Fortnite-style live community event. And the general response to it was… meh. Still, this…
Twitch’s Trump Ban Is now now not Horrifying

Twitch’s Trump Ban Is now now not Horrifying

0
Streaming platform Twitch has just banned Donald Trump, at least temporarily. They claim he displayed “hateful conduct.” The move appears shocking – until you realize that Trump’s enemy, Jeff Bezos, owns Twitch. Twitch has done what other social media apps have been scared to do: follow their own guidelines and ban Donald Trump. It helps…
Katy Perry Needs to Educate Khloe Kardashian Easy suggestions to Let Mosey

Katy Perry Needs to Educate Khloe Kardashian Easy suggestions to Let Mosey

0
In a recent interview, Katy Perry revealed how she hit rock bottom after her breakup with Orlando Bloom, and moved on. Khloe Kardashian is fighting tooth and nail against the reality of her situation with Tristan Thompson. She needs to take notes from Katy Perry and learn how to let it go. Katy Perry just…
The Dow Is Taking Flight as Boeing Makes a Long-Awaited Comeback

The Dow Is Taking Flight as Boeing Makes a Long-Awaited Comeback

0
The Dow Jones rallied aggressively to start the week. Wall Street is bidding up Boeing as the 737 MAX returns to the skies. Bullish since the bottom, Nordea Asset Management fears this may be the stock market’s last leg higher this year. Risk-on engulfed the Dow Jones on Monday. Boeing stock led the index higher,…
Many Experts Are Quiet Bullish About the Stock Market

Many Experts Are Quiet Bullish About the Stock Market

0
While most pros think the stock market’s next 20% move will be lower, 30% believe it will go higher. The bearish case seems most likely than the bullish case as the recovery is bumpy. A slowdown in virus cases or a vaccine could accelerate the recovery and push equities to higher levels. According to Citigroup’s…

Bitcoin Price Briefly Dips to 12-Month Low in Overnight Trading – CoinDesk

0
Bitcoin (BTC) has made a quick bounce from a dip to below $4,000 seen early on Friday.  The cryptocurrency is currently trading near $5,415, up around 40 percent from the low of $3,867 reached around 02:15 UTC. That was the lowest level since March 25, 2019, according to CoinDesk’s Bitcoin Price Index.

Financial Inclusion, Cryptocurrency and the Developing World

0
Beyond rapidly changing how we create, store and transfer value, cryptocurrencies are accelerating financial inclusion in a way that traditional financial institutions have either been unwilling or unable to. Yet crypto’s possibilities go way beyond banking the unbanked. It allows developing nations and those without access to financial services to avoid the bank completely and…

Cryptocurrency: Redefining the Future of Finance

0
Imagine if you were to jump straight from using a typewriter one day, to typing on a laptop the next. The speed and ease at which it would improve your tasks is undeniable. With 5G, we’re on the cusp of a similar transition in the global communications system. Total connectivity could soon be at our…

Iran’s muddled relationship with cryptocurrency is self-inflicted – Atlantic Council

0
Thu, Jun 18, 2020 Blog Post by Steven Terner Cryptocurrency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic On June 2, a member of parliament from Tabriz, Mohammad Hossein Farhangi, urged Iran’s Central Bank to take cryptocurrency seriously because of its potential economic opportunities for the country.…

Bitcoin ‘halving’ could boost its price as more investors flock to cryptocurrencies

0
The amount of new bitcoins being issued is starting to slow because of a phenomenon...

Cryptocurrency Markets May Be Decentralized, but They’re Still Accountable – CoinDesk

0
One underappreciated feature of crypto markets is the lack of centralization. I mean, people know crypto assets are decentralized and trade on exchanges all over the world. But what’s often overlooked is the relative ease with which people can change the venues they buy and sell their holdings on.

What Is a Cryptocurrency?

Cryptocurrencies are digital currencies. They are created using digital cryptography to process transactions and create new “coins.”

Cryptocurrencies like Bitcoin are popular because they are decentralized. In other words, banks and governments don’t control access to the currency. In contrast, fiat currencies are more easily manipulated by governments and banking institutions. There are thousands of alternatives to Bitcoin that are called altcoins.

Cryptocurrencies like Litecoin, Monero, Ripple  and Dash have improved upon Bitcoin’s original model or created differences in their currencies to support niche uses.

Fiat currency is money that a government has declared to be legal tender and is the regular money you know.

What Is Blockchain?

If you’ve heard of cryptocurrency, chances are you’ve also heard the term “blockchain,” since its technology is what makes cryptocurrencies unique and valuable.

In simplest terms, blockchain is a method of storing all Bitcoin transactions in a ledger that’s attached to each and every coin(When we use Bitcoin as an example, for other altcoins it works the same).

From a digital perspective, each block lists transaction details like dates, times, amounts, and traders involved. All of the blocks together are known as a chain, which functions like a publicly-accessible, if encrypted, database.

Blockchain gives structure to the Bitcoin ledger. The ledger is encoded by cryptography so that its contents are insulated from hackers( big slaes point !!).

The use of cryptography also makes it very difficult to almost impossible to forge coins. Pricing the Cryptocurrency Market Cryptocurrencies are a high-risk trading instrument since they are much newer than fiat currencies. That makes their value difficult to predict. Cryptocurrencies may be appropriate for traders who are looking for a high-risk, potentially high-reward trading instrument.

Crypto Market Size

The University of Cambridge conducted two amazing studies on cryptocurrency, the most recent one in 2019. ( atleast that the data what we have , we are looking forward to the latest study thou we assume that Covid also here added to some delay)

    • Over 139 million crypto wallets – Only 38% of wallets (about 52.8 million) are considered active.
    • 52% of crypto companies work 2+ sectors – The number of cryptocurrency companies operating across two cryptocurrency industry sectors or more, giving rise to an increasing number of universal cryptocurrency companies.
    • 84% of providers support more than one coin – Multi-coin support by service providers has doubled since 2017. Over 84% of companies now offer support for several type of coin.
    • 164% growth in numbers of employees – The amount of employees working in the cryptoasset market grew by 164% from 2017 to 2018

Source: 2nd Global Cryptoasset Benchmarking Study (download Link )[University of Cambridge, 2019]

What Drives the Price of Cryptocurrencies?cryptocurrency

Situations that affect cryptocurrencies are typically different from what affects fiat curriencies.

Simultaneous volatility –

The cryptocurrency market is characterized by steep rises and sudden dramatic falls. An interesting quirk of cryptocurrency is definitely that multiple coins tend to rise and fall in tandem.

Attention from the Media –

As a currency hits the news, it is typical to see an influx of fresh traders. This tends to precipitate a rise in value. Early investors may then engage in profit-taking. Other traders panic and a rush to sell ensues, leading to a drop in price.

Future regulation –

The pending prospect of regulation can make cryptocurrency traders bearish.

Coin idiosyncrasies –

Individual currencies are influenced by very particular factors. Keep in mind they are often developed by a company so if facebook gets their currency from the ground properly how the company is doing on other aspects will affect the value of the crypto. If there is a support for that particular Cryptocurrency from the financial sector then you will see a rise  ( for example Ripple )

there are like we mentioned at the top right now over 5500 different cryptocurrencies.

Crypto Regulatory Bodies

Various regulatory bodies around the world make laws that apply to cryptocurrency trading. 

  • Australian Securities and Investments Commission (ASIC)
  • Canadian Securities Administrator (CSA)
  • European Union Cyprus Securities and Exchange Commission (CySEC),Markets in Financial Instruments Directive (MiFID),European Securities and Markets Authority (ESMA)
  • Germany Federal Financial Supervisory Authority (BaFiN)
  • Japan Financial Services Agency (FSA)
  • New Zealand Financial Markets Authority (FMA)
  • Switzerland Financial Markets Supervisory Authority (FINMA)
  • United Kingdom Financial Conduct Authority (FCA)
  • United States Financial Crimes Enforcement Network (FinCEN),Security and Exchange Commission (SEC)

Cryptocurrency Exchanges

One way to Buy crypto is by using a cryptocurrency exchange. there are many out there like Atomexchange, Kraken and many others

With an exchange, you can: Use fiat money to buy tokens (ie, coins) Store cryptocurrency in an electronic wallet and or Trade tokens for different cryptocurrencies that are available on the exchange.

what do you need to look for when you are selecting and exchange to work with?

Fees Associated With Trading

A crypto exchange generates funds primarily through fees. Most investors will want to choose exchanges with low fees. However, some exchanges do offer more features in exchange for higher fees.

Here are the most common types of fees charged by exchanges:

Trade fees:

Usually take the form of a maker or taker fee. Traders are charged a fee to place a trade on the market or to take someone up on a trade. Trade charges can be up to 1% of the transaction, depending on currency pairs or payment method.

Deposit and withdrawal costs:

It’s typically cheaper to deposit cash with an exchange than to withdraw from it. Some exchanges allow you to deposit via a credit card but this typically incurs fees between 3%-5%.

Exchange fees:

These fees are exacted when converting tokens between currencies. The amount of the fee varies based on the currencies involved.

Identity Verification:

Most traders will want to use an exchange that has ID vetting , this is called the KYC protocol ( know your customer ) and is a way for them to stop Money Laundering (AML)  and other illegal activities.

Currency Pairs Offered:

Not all exchanges offer the same currency pairs. Some focus exclusively on a single currency, usually Bitcoin. Other exchanges provide trading across hundreds of alt-coins.

Security:

Make sure you research potential exchanges for elements that make the system safer to use. Factors to consider include: The age, history, and stability of the exchange Scam-prevention Individual trader ratings Reviews and comments from the exchange’s users.

This should give you a very basic Insight in the world of Cryptocurrencies 

Cryptocurrency FAQs

How much does it cost to trade cryptocurrency?

Costs to trade crypto vary widely. Deposit/withdrawal fees, and currency exchange fees. If you choose to trade with a Forex broker instead, you’ll need to look for commissions or spreads .

Is crypto trading still profitable?

It’s impossible to say what the future holds for cryptocurrencies. And even if its long-term trend is upward, it’s still possible to lose large amounts of money via short-term fluctuations in the volatile market.

So although it’s possible to make money by trading cryptocurrency or its derivatives, it’s not easy or safe for the casual trader. 

How do you effectively trade Cryptocurrency?

  1. Only invest what you can lose.
  2. Always pay attention to Bitcoin.( is the one that drives the market)
  3. Never put all your eggs in one basket.( diversify your portfolio)
  4. Don’t be greedy. if you are 5% monthly profit don’t go straight for 20%, you will take too many risks getting there).
  5. Don’t invest blindly.( do your research)
  6. Always learn from your mistakes.( if we just would do this on all aspects of live , but here you can actually measure your mistake).
  7. If you are doing any active trading, set stop losses.( is just common trading sense), 

bitcoin
Bitcoin (BTC) $ 29,309.00 3.32%
ethereum
Ethereum (ETH) $ 1,985.41 2.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 194.12 2.49%
litecoin
Litecoin (LTC) $ 70.39 2.02%
eos
EOS (EOS) $ 1.33 2.27%
monero
Monero (XMR) $ 184.50 0.94%
neo
NEO (NEO) $ 11.47 5.58%
iota
IOTA (MIOTA) $ 0.339568 3.32%
dash
Dash (DASH) $ 60.42 0.03%
zcash
Zcash (ZEC) $ 100.02 6.64%
dogecoin
Dogecoin (DOGE) $ 0.084278 3.07%