common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrencies should I be keeping an eye on?

avatarfloppaDec 26, 2021 · 3 years ago3 answers

As a beginner in the world of cryptocurrencies, I'm wondering which cryptocurrencies I should be paying attention to. Can you provide some insights on the top cryptocurrencies that are worth keeping an eye on?

Which cryptocurrencies should I be keeping an eye on?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I would recommend keeping an eye on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These three cryptocurrencies have proven to be the most influential and widely adopted in the market. Bitcoin, being the first and most well-known cryptocurrency, sets the trend for the entire market. Ethereum, on the other hand, is known for its smart contract capabilities and is often used as a platform for launching new projects. Binance Coin, the native cryptocurrency of the Binance exchange, has gained popularity due to its utility and the success of the Binance platform.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for potential high-growth cryptocurrencies, you might want to consider Cardano (ADA), Polkadot (DOT), and Chainlink (LINK). These cryptocurrencies have shown promising technology and have gained attention from investors and developers. However, it's important to do your own research and consider the risks involved before making any investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that the DeFi (Decentralized Finance) sector is worth keeping an eye on. DeFi projects aim to revolutionize traditional financial systems by providing decentralized alternatives for various financial services. Some notable DeFi cryptocurrencies include Uniswap (UNI), Aave (AAVE), and Compound (COMP). These projects have gained significant traction and have the potential to disrupt the traditional financial industry.