Let’s talk about cryptocurrencies shall we?

A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency.

USE OF CRYPTOCURRENCY

• Cryptocurrencies can be used to buy goods both online and offline. There are a lot of merchants available till date.
• Cryptocurrencies can be used as a good investment for the future as the market value is growing.
• Cryptocurrencies can be used for mining.
• Cryptocurrencies are accepted as a payment just like cash.

We all know that Bitcoin and Ethereum are indeed the top cryptocurrencies to invest but let’s have a look at the top 5 and emerging cryptocurrencies to invest in late 2018.

1. ZCASH (ZEC)
Zcash is new to the market but it has covered several grounds in a short span. Currently Zcash has around $21 million coins in transactions. It is one of the emerging best cryptocurrencies in 2018. Zcash Price for today is $149.451 with a market cap of $697,873,832.

2. DASH
Dash should be included in the top cryptocurrency list because within a short span of time they have consistently handled about $100 million worth of transactions daily as they are safe and secure. Dash price for today is $179.008 with a market cap of $1,482,278,239

3. NEO
The NEO technology is underpinned by a Delegated Byzantine Fault Tolerant system, which adds sophistication to the system. Its improved proof of stake tech makes it one of the best cryptocurrencies to invest in. NEO Price for today is $20.28 with a market cap of $1,365,533,206

4. STEEM
I am sure this is one of the major developing Cryptocurrencies for people to invest in. The best part about steem is Steemit, the social media platform which takes blogging to a whole new level. Activities like writing blogs and comments will award tokens to the writers. This token can then be exchanged to other cryptocurrencies like bitcoin and for payment of other things on this platform. This is booming as more and more budding writers are showing their interest in platform.

Steem Price for today is $0.948995 with a market cap of $260,692,643.

5. BINANCE COIN
Binance is not only the world’s largest cryptocurrency exchange but its the name of a coin, too. BNB falls under the top 30 cryptocurrencies in the world by market cap. Binance has high liquidity and one of the assets which is superior in cryptocurrency trading. BNB offers great prospects in the long run as it increases steadily at times of turmoil, too. Since it has added 15 new tokens, it has seen around 50% adoption after that.

Binance Coin Price for today is $11.156 with a market cap of $1,093,757,661.

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Thanks
John Wilkinson