Cryptocurrencies comparison – the best coins in a large comparison

John James
October 9, 2021
Cryptocurrencies comparison – the best coins in a large comparison
the best coins in a large comparison

Whether you are a beginner or advanced, those who want to trade with cryptocurrencies are spoiled for choice. At the end of 2020, there were over  7,300 cryptocurrencies – the number is increasing. In addition to the long-established coins, there are new cryptocurrencies that come onto the market every day. Especially in times of the pandemic, trading in cryptos is booming – understandably, most of it is done online these days.

In our large cryptocurrency comparison, we will ask ourselves the following questions: Which cryptocurrencies are worthwhile? Which ones have potential? What is the best cryptocurrency? We present the most popular and best cryptocurrencies and explain them in detail. In addition, we have a few insider tips on cryptocurrencies that you shouldn’t miss as an investor.

Table of Contents

Cryptocurrencies comparison – which cryptocurrencies are there?

As of October 5, 2020, there were approximately  7,300 cryptocurrencies with a total market capitalisation of $ 342 billion. Accordingly, the list is long, so it is not easy to keep track of things. In this overview, you can see which cryptocurrencies are currently available:

CRYPTOCURRENCY MARKETS of trading View

Cryptocurrency comparison in detail

Of course, we cannot go into all cryptocurrencies – but we have selected the 16 most popular and best cryptocurrencies for our cryptocurrencies comparison. In our cryptocurrency comparison, you can see all the details you need to find the right cryptocurrency for you. By the way, all cryptocurrencies are available from our test winner, the crypto broker ROinvesting.

Bitcoin (BTC)

Bitcoin was the first cryptocurrency launched by Satoshi Nakamoto in 2009. To date, Bitcoin is the largest cryptocurrency and is undisputedly in the first place.

Bitcoin’s goal was to secure payment processes and transactions over a peer-to-peer network. The aim was to democratise the financial and monetary system and ensure that any transactions can be carried out anonymously.

Bitcoin is probably the most famous cryptocurrency on the market. In addition, it is entirely secure. So far, no unauthorised person has been able to gain access to it.

CURRENT BTC PRICE from TradingView

Ethereum (ETH)

Bitcoin Cash (BCH)

Ripple (XRP)

Dash (DSH)

Litecoin (LTC)

Ethereum Classic (ETC)

Cardano (ADA)

IOTA (MIOTA)

Stellar (XLM)

EOS (EOS)

NEO (NEO)

TRON (TRON)

ZCash (ZEC)

Binance Coin (BNB)

Tezos (XTZ)

Cryptocurrencies comparison – insider tips
Cryptocurrencies comparison

Polkadot

Polkadot is a BlockChain protocol of the next generation. Polkadot enables different blockchains to be connected. The idea behind Polkadot is to create a better and safer internet so that you can have more control over it.

Polkadot acts as a relay chain, enabling a more straightforward, faster and more resource-saving start of your blockchain system.

Polkadot raised $ 144 million at the ICO and is now really getting going.

Chainlink (LINK)

ChainLink is a platform for cryptocurrencies whose aim is to promote the use of smart contracts. Smart contracts in the blockchain denote a technology that helps users exchange money or other valuable assets without intermediaries. The purpose of ChainLink is to make it easier to connect smart contracts to external resources across different networks. ChainLink works with both Ethereum and Bitcoin.

Chainlink is a good recommendation for new and unknown cryptocurrencies, measured by market capitalisation. To improve the smooth operation of its platform, ChainLink partnered with SWIFT, a global interbank data and payment system used by 11,000 banks worldwide. As a result, throughout 2019, Chainlink rose from $ 0.41 to $ 2.28, an overall increase of more than 550%!

COSMOS (ATOM)

Cosmos is a decentralised network of independent parallel blockchains. Cosmos offers technology that enables direct payments between different blockchain networks without the involvement of cryptocurrency exchanges.

That makes Cosmos itself a decentralised exchange platform.

Nano (NANO)

Formerly known as Raiblock, Nano is a cryptocurrency known for its highly efficient architecture.

Unlike other encryption projects, where the focus is on scalability, price and speed, Nano aims to conduct instant transactions at no additional cost. In addition, it is infinitely scalable.

So it doesn’t matter how many people are using the network. It won’t collapse.

How can you buy cryptocurrencies? Our guide in 4 steps

Step 1: Find the right broker

Cryptocurrencies comparison

First of all, you choose a suitable provider. This decision should be based on your own preferences and trading ideas. If you are not interested in setting up wallets and may not even intend to get any real benefit from the tokens, you can get everything you need via providers like ROinvesting.

But if you are an accomplished crypto investor who is only too happy to equip your portfolio with the coins, you will hardly be able to avoid a real crypto exchange.

Comparing the different providers can help you find the best deal. The choice of the right platform is essential, which should not be underestimated.

User-friendliness and usability may therefore have a direct impact on personal trading results. So if you give the necessary attention here, you will ultimately be able to capitalise on it. Therefore, based on our cryptocurrency comparison, we recommend our test winner ROinvesting, as it has the best conditions. 

Step 2: the registration

Registration with ROinvesting is usually completed quickly.   At ROinvesting, you have several registration options. In addition to the option of creating a user account yourself, there is also the option of registering via a Facebook or Google account, which simplifies the process considerably. On the home page, you will find a link to the form to enter your name and email address.

The exact information that is requested at this point depends on the respective crypto exchange. But you will also have to choose a password and then confirm your email address.

Serious brokers have to provide a correct email address and a mobile phone number to verify the account.

  • E-mail address
  • address
  • birth date
  • Phone number

Step 3: Deposit money into the customer account

It depends on the respective Bitcoin broker which payment methods are accepted. As a rule, however, you should be supported by your provider with the deposit. There is usually a corresponding menu item or button that leads you to the transaction.

The cryptocurrency market is precarious. Therefore you should really only invest money that you have “left over”. A total loss of the deposit can occur at any time.

  • How much money is available for the investment?
  • Do Bitcoin fees have to be paid to the provider?
  • Is there a minimum deposit amount?
  • Possible payment methods, e.g. PayPal, Skrill, Neteller, credit card, bank transfer, etc.

Our test winner ROinvesting offers the following  deposit options :

Payment optionpossible?
Buy cryptocurrencies with a credit card✔️
Buy cryptocurrencies with PayPal✔️
Buy cryptocurrencies with Skrill✔️
Buy cryptocurrencies with bank transfer✔️
Buy cryptocurrencies with Neteller✔️
Buy cryptocurrencies with UnionPay✔️

Step 4: trade cryptocurrencies

Now the account at the crypto exchange is finally set up and equipped with credit. Now it’s time to choose the assets. How should you invest in cryptocurrencies? Which crypto coins are worthwhile? You can currently trade over  16 cryptocurrencies on ROinvesting. The offer is constantly being expanded. Should new cryptocurrencies be added, you will certainly find what you are looking for here. Thus, ROinvesting was able to convince us of all points in our cryptocurrency comparison.

A big advantage of ROinvesting is the demo version of the platform. So it is certainly worthwhile to be active here first in order to get to know the offer. Then you will have to choose between different currency pairs.

Search fields can also be used to research specifically for coins. In the end, you will then place your buy or sell order.

  • Real cryptocurrencies
  • Cryptos as assets for CFDs with long and short positions
  • Novel crypto products
  • Bitcoin stocks
Is it worth investing in cryptocurrencies?
  • An excellent alternative to stocks & Co.
  • Digital currencies are currently on the rise
  • In the long term, cryptocurrencies will become increasingly popular
  • Cryptocurrencies are now offered in many different areas
  • High volatility
  • You have to invest at the right time

Since the introduction of Bitcoin in 2009, there has been a real boom in digital currencies. While Bitcoin was only popular among insiders in the first few years, more and more investors are now deciding to enter the crypto market. The reason is simple: cryptocurrencies are currently very popular. Moreover, due to the  Coronavirus crisis, many decided last year to invest their capital in coins because the forecasts are currently looking very good.

If you take  Bitcoin as an example, the price of 1 BTC in 2016 was around  400 euros. As of the current status (January 15th, 2021), the price for 1 BTC is a whopping 31,242.21 euros. An unbelievable increase in value arouses great interest among many investors. But other cryptocurrencies are also currently following suit. The courses are currently at a record high. Price increases are also forecast for the current year.

In addition, cryptocurrencies play an important role in our financial system. While only a few people made payments with crypto trading a few years ago, cryptocurrencies are now a  frequently used system for making transactions. Not least because of the fast and anonymous processing.

However, one must also bear in mind that cryptocurrencies are highly volatile. This means that they are subject to strong price fluctuations. This has also been seen in the past with Bitcoin: While there were record highs, Bitcoin also crashed several times. Accordingly, one must be aware of the risk with cryptocurrencies. Therefore, it is important that you buy at the right time and sell again at the right time.

Cryptocurrencies comparison

Cryptocurrencies comparison 2020 & promising cryptocurrencies for 2021

While many companies suffered from the Coronavirus crisis, there was a real boom in terms of digital currencies in 2020. Bitcoin & Co. increased quite a bit and do not seem to be slowing down at the moment. Cryptocurrencies are currently not only for speculators and traders as a means of payment. They are becoming increasingly popular. It is therefore all the less surprising that the well-known cryptocurrencies will also shine in our cryptocurrencies comparison in 2021 :

Cryptocurrencydescription
Bitcoin (BTC)Even when new cryptocurrencies hit the market, Bitcoin never goes out of style. Last year, Bitcoin boomed and hit an all-time high. At the end of November 2020, Bitcoin had seen a 177% increase. Analysts unanimously share strong views about the Bitcoin future and set some unbelievable price targets of up to USD 318,000 for BTC.
Ethereum (ETH)Ethereum also achieved a brilliant performance in 2020 and, according to the experts, will continue to rise sharply. The second-largest cryptocurrency started in 2020 with a value of around USD 125 for ETH and rose to around USD 600 for ETH by the end of the year. 2021 could also look very good for Ethereum, as Ethereum is the preferred network for decentralised applications.
Ripple (XRP)Ripple was created as an alternative payment system to transform and facilitate cross-border payments. More than 100 financial institutions have taken over Ripple. In 2020, the Ripple blockchain was expanded to more than 300 providers in 40 countries.
Litecoin (LTC)Litecoin is currently fluctuating, making the digital currency affordable. However, the cryptocurrency has one of the lowest mining times and a high reward of 25 LTC. Therefore, according to analysts, the price of Litecoin will tend to increase in 2021.
Bitcoin Cash (BCH)Bitcoin Cash was launched in 2017 as faster and safer blockchain technology. More transactions can be carried out with Bitcoin Cash than with Bitcoin. In theory, Bitcoin Cash could soon replace Bitcoin as a means of payment.
Cardano (ADA)Cardano has the potential to hit $ 1.50 by the end of 2021. Growth depends on the release of Hydra – a solution designed to help Cardano run over 1 million transactions per second.
Cryptocurrencies comparison: our conclusion

Cryptocurrencies comparison

Even if the cryptocurrency market is still relatively young, an investment is worthwhile. The last year 2020, has shown us how strong digital currencies can be during a crisis. For example, most cryptocurrencies have risen during the corona pandemic. Accordingly, many companies are now working on bringing new cryptocurrencies onto the market.

As an investor, cryptocurrencies have long been a good alternative to stocks, CFDs or other assets. In addition, cryptocurrencies are particularly interesting for short-term traders as they are subject to strong price fluctuations.

Although Bitcoin is still the number 1 of all cryptocurrencies, there is definitely competition that can now be seen. As our cryptocurrency comparison shows: new cryptocurrencies are also becoming more and more important.

If you are interested in trading cryptocurrencies as an investor, we recommend our test winner ROinvesting. The big advantage that ROinvesting has over other crypto exchanges is that you can trade real coins or CFDs here. There is also a large selection of cryptos, which are constantly being expanded. There is also a  dedicated wallet that can be used to send, receive and convert cryptocurrencies.

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FAQs

Bitcoin is still unbeaten in first place. Bitcoin was also the first cryptocurrency to be introduced in 2009.

As of October 2020 there were over 7,300 cryptocurrencies. However, the number is rising sharply, and more crypto currencies are also expected for 2021.

In this article we have presented very good cryptocurrencies and also given a few insider tips. Which cryptocurrency you want to buy or sell is up to you.

In this article we have presented very good cryptocurrencies and also given a few insider tips. Which cryptocurrency you want to buy or sell is up to you.

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