CONTEST:Explore altcoins with steem4bloggers

Greetings from me to all the members of this community.I am fine by the grace of Allah Almighty and I hope are members are fine and fit doing well at work.Today I'm here with the post of Explore altcoins with steem4bloggers

I'm going to participate in this Contest which has been organized by @hive-109435

A few years ago only a few cryptocurrencies were heard of.But now thousands of these currencies are circulating in the market.Every day we hear about new currencies.Like other currencies, AltCoin is also a currency that was launched to improve other currency i.e.

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When Bitcoin became popular, after some time people had different opinions about its high transaction time and it also consumes a lot of energy which is not good for our health and our environment.Thenthe original purpose of AltCoin was to improve Bitcoin trading and take Bitcoin to where it is today.Altcoins are tightening their grip on all currencies except Bitcoin,AltCoin offers coverage i.e. interpretation of all currencies.

As I said earlier in this technology era there are thousands of cryptocurrencies available in the market but I know of a few which I would like to share with you.

Dogecoin is a cryptocurrency that we can easily buy and sell online from home. Dogecoin was launched in 2013 as a coin developed as a joke.Its growth is skyrocketing under today .People also like to buy it because its transactions are done in less time with less fees.DogeCoin is coded on Litecoin so DogeCoin is growing faster than Litecoin and is the 4th largest cryptocurrency.Its increasing price has not only surprised people but also forced them to buy.

Method of buying and selling.

To buy and sell DogeCoin you will use the same cryptocurrency platform as other currencies, just like other currencies are transacted.

Solana is a cryptocurrency that is used to improve other cryptocurrencies.This currency belongs to a small region that was introduced in 2017.It is a block chain whose transactions are very fast and within few minutes we can do many more transactions.In the beginning it also didn't get such acceptance and within few years it became one of the most popular cryptocurrencies and nowadays it is considered as a major coin.

Method of buying and selling.

For its purchase and sale, an exchange platform is chosen like other cryptocurrencies.The buying and selling of any currency depends on the day's market on its rate, how much the rate is then it is sold or bought accordingly.

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Cardano is also a blockchain platform. Introduced in 2017, this currency also took the market by storm and grabbed everyone's attention.Cardan's original goal was to create a decentralized application platform with multiple features.Cardano is a protocol that runs on a consensus token.This platform also provides banking services to its customer.

All cryptocurrencies act like stock exchanges that let their customers buy and sell digital cryptocurrencies like bitcoin and doge coin.They also help their customers through exchanges and methods like buying and selling these currencies through mobile phones.

Method .

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To buy and sell any altcoin first we need to create an exchange account the cryptocurrency to be sold first we need to save it in our wallet.And we will enter the amount we will have to open the account first. Whenever you open an account on an exchange, you should have a complete unit about its technology. Can deposit money to keep your account running.So you can easily buy and sell your coins keeping in mind all the account terms and conditions of this exchange,You will not have to face any kind of difficulties with this.

Before starting any business or buying any cryptocurrency it is very important to have complete knowledge about it and then start your investment.

1:Never invest so much that you face high losses
2:Invest in cryptocurrencies you know about and stay away from cryptocurrencies you don't know about.
3:Use your brain, be active and invest in any cryptocurrency keeping in mind the value of the dollar.

I would like to invite my dear friends & i hope you read and love this post @ninapenda @dirapa @sahidfarabee