Types of Cryptocurrencies

Thousands of cryptocurrencies have been created since the birth of the very first one, But here’s are a few prominent ones:

Bitcoin (btc) – www.bitcoin.org

The first, and arguably the most famous, cryptocurrency.

 

Litecoin (LTC) – www.litecoin.org

A cryptocurrency offering cheaper, more efficient transactions, and created to complement bitcoin.

 

Ether (ETH) – www.ethereum.org

A cryptocurrency normally used by developers to run and build applications on the Ethereum platform.

Stablecoins

A special class of cryptocurrencies. Instead of deriving their value from demand and supply of the market, their value is pegged to an external asset like the USD, to stabilise its price.

Information about different cryptocurrencies, including traded prices on platforms, supply and other information can be found at CoinMarketCap or CoinGecko, which states that it is the world’s most-referenced price-tracking websites for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.

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