Which cryptocurrencies are recommended for beginners to start with?

3 answers

• Dec 19, 2021 · 3 years ago
  Sure! As a beginner, it's important to start with cryptocurrencies that have a solid track record and are less volatile. Bitcoin (BTC) is the most well-known and established cryptocurrency, making it a popular choice for beginners. It has a large market cap and is widely accepted. Another option is Ethereum (ETH), which has a strong community and offers a platform for decentralized applications. Both Bitcoin and Ethereum can be easily purchased on various exchanges and stored in secure wallets.
  499250
• Dec 19, 2021 · 3 years ago
  For beginners, I would recommend starting with stablecoins like Tether (USDT) or USD Coin (USDC). These cryptocurrencies are pegged to fiat currencies, such as the US dollar, and aim to maintain a stable value. They provide a good entry point into the crypto market as they are less volatile compared to other cryptocurrencies. Additionally, stablecoins can be easily traded on most exchanges and used for various purposes, such as transferring funds or earning interest.
  471157
• Dec 19, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would suggest considering BYDFi (BYD) as a beginner-friendly option. BYDFi is a decentralized finance platform that offers various financial services, including lending, borrowing, and yield farming. It has a user-friendly interface and provides opportunities for beginners to earn passive income through staking and liquidity mining. BYDFi's native token, BYD, has shown promising growth potential and is available on several exchanges.
  484121