Investing in the cryptocurrency market space is often complicated, especially for traditional investors. This is because direct investment in cryptocurrencies requires the use of new technologies, new tools and the adoption of some new concepts. If you decide to put your toes in the CryptoCurrency world, then you will need to clearly know what to do and what to do. Whether it is Bitcoin, Litecoin, Ethereum or any of the 1,300 tokens, buying and selling cryptocurrency requires you to choose an exchange where you can trade the desired product. As the most famous decentralized cryptocurrency, Bitcoin occupies a dominant position in the field of cryptocurrency, so that sometimes the terms encryption and bitcoin are used interchangeably. However, the fact is that there are other cryptocurrencies that can also be used to make crypto investments.
Ethereum: Launched in the year 2015, Ethereum is a decentralized software platform that enables distributed applications and smart contracts to function without third party interference. The currency is the ether that is like an accelerator within the ethereum platform.
Zcash: Zcash gained attention in the latter part of 2016 and focuses on solving the problem of anonymous transactions. To understand the currency, let's take it as "if bitcoin is like HTTP for money, Zcash is HTTPS".
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Dash: Originally known as darkcoin, Dash is a more selective version of bitcoin. It was launched in January 2014 by Evan Duffield with the name Xcoin. It is also known as the Decentralized Autonomous Organization or simply DAO. The coin was meant to eradicate all the prevailing limitations of Bitcoin. Currently, Bitcoin has earned a substantial position in the space of cryptocurrencies.
Litecoin: Litecoin, also referred to as 'silver to Bitcoin's gold' is an open-source decentralized payment network that functions without involving an intermediary.
How does Litecoin vary from Bitcoin? Well, both are similar in many ways, however the block generation of Litecoin is much faster than that of Bitcoin. This is making the investors around the world open to accept Litecoin.
