Best Crypto Under $1 For 2023 - Cheapest Cryptocurrency To Buy Revealed

There currently are close to 23,000 cryptocurrencies today and Finding the best crypto under $1 isn't that easy. The majority of these are yet to break parity with the dollar. In such a flooded crypto market, how do you determine the best crypto under $1 to buy in 2023?

To point you in the right direction, Our team of analysts sought to help you arrive at this decision and point you to the right investment decision. this guide explores many of the best cryptos under $1 to consider adding to your portfolio today, that don’t have a one quadrillion maximum supply like Shiba Inu or a $10 billion market capitalization like Dogecoin.

 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

A Closer Look At The Best Crypto Under $1 To Invest In

When coming up with a list of the top crypto under $1 to buy in 2023, we looked at more than their current price. We looked at how they have performed in the past, the urgency of the real-world problem their blockchain seeks to address, and their potential future price action.

1. Cardano - Overall Best Crypto Under $1 to Buy in 2023

Cardano, the largest smart contract platform and the most valuable cryptocurrency on this list, tops our index of best crypto under $1 to buy in 2023. Launched in 2017, Cardano is on a mission to ultimately replace Ethereum as the most preferred smart contract platform. It is unique - in the sense that it is the first peer-reviewed blockchain technology - which makes it the most secure crypto network.

The fact that programs and protocols on the network have to be peer-reviewed before integration into the ecosystem makes the Cardano blockchain less dynamic. It, for instance, only integrated the smart contract functionality in September 2021 and its DeFi, dApps, and NFTs niches are yet to blossom.

Cardano’s security, its able leadership led by Charles Hoskinson, and its high level of decentralization have earned investor confidence. These have in effect helped Cardano grow its market cap beyond $17 Billion and become a near-permanent feature on CoinMarketCap’s list of 10 most valuable cryptocurrencies.

We also noticed a trend, every time Cardano added a key feature to its blockchain, ADA tokens gained value. Moving forward, Cardano is expected to roll out numerous core features and programs - from meme currencies to Web3 Apps and protocols, expand its DeFi and dApps offerings and score more partners.

All these are expected to help grow ADA’s token prices exponentially, reaching as high as $25 in 2025 and beyond $50 at the turn of the decade - effectively growing your investment by 10000%. And such a promising future further affirms why Cardano is one of the best cryptocurrencies under $1 to buy and HODL.

Even at these prices, ADA is still 4200%+ above its introductory price. It has a peak price of $3.10 and has been consistently ranked among the most undervalued cryptocurrencies. The only factors preventing Cardano from exploding at the moment are its huge coin supply and the slow adoption of blockchain technology.

But with the anticipated DeFi and Web 3.0 explosions and a recovering crypto market, the market expects the 9th most valuable cryptocurrency to recapture and possibly rally past its current all-time high. Analysts like Adam Webb, for instance, expect ADA token prices to rally 11X in the next 5 years.  

Check Out Our Cardano (ADA) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. Ripple - Best Large Cap Crypto Under $1

Another best crypto to buy under $1 is XRP. Ripple coins and the Ripple blockchain seek to disrupt the global banking industry. They intend to replace the SWIFT payment and communication network and introduce a faster, more secure, affordable, and effective cross-border payment and messaging system.

The Ripple payment system has already been adopted by dozens of leading banks across the world.

Launched in 2014, the crypto market understood XRP’s massive potential early and by 2018, it was selling above $3.50. But the SEC soon filed a case against Ripple Labs in the US and XRP token prices started tanking - ultimately breaking parity with the dollar.

Today, several top-tier banks and financial institutions have already partnered with Ripple, confirming its usability. In fact, the majority of analysts and investors are confident that only the SEC case is currently holding XRP token prices and use cases from exploding.

They allude not just to the massive investor and baking industry interest in the coin but its past price action. During the 2017 rally, for instance, it set an all-time high of $3.40 and attempted a similar run in early 2021, only to reach $1.08.

Just how high can it reach in the next 5 years? Crypto analysts at Cryptopolitan are convinced that the XRP token has all it needs to reach $20, more than 28X its current price.

Read More On Our Ripple (XRP) Price Prediction

Banks and other financial institutions held back against joining the Ripple network, key developments on the Ripple ecosystem stalled, and investor confidence in XRP shrunk. All this is to say that the Ripple token is only trading below $1 because of the ongoing SEC case which explains why we featured it among the best cryptocurrencies under $1 to buy today.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. Dogecoin - Best meme currency under $1 to buy in 2023

Dogecoin tops our list of best meme crypto under $1 to invest in today because of its revolutionary technology and the fact that it is an established coin

Dogecoin is the most valuable and arguably the most popular meme currency. It has the backing of the celebrity entrepreneur Elon Musk and a horde of crypto influencers and popular investors.

Dogecoin also has a large and vigorous community of supporters, especially on Twitter and Reddit. It makes it to our list of best crypto under $1 to buy in 2023 because of its ability to earn its investors' significant returns in a relatively short period.

Unlike most of the other cryptos we feature in this guide, it is highly likely that Dogecoin won’t break above $1 anytime soon. However, support from Elon Musk, a revived meme coin craze, a recovering crypto market, and sustained hype from the crypto community are all expected to continue fuelling its value gain and exploding DOGE investor portfolios. This, in effect, confirms why it is one of the cheapest cryptocurrencies to buy today.

Dogecoin is the pioneer meme coin and the most popular of the joke currencies. It has been around since 2013, and it consistently posted weak low price action and near non-existent trading volumes for the longest time. All that, however, changed in early 2021 when it was picked up by Elon Musk - the Billionaire entrepreneur and crypto advocate.

Within a week after this endorsement, Dogecoin prices rallied by more than 18,000%. Throughout 2021, a series of tweets from Musk and endorsements by a growing number of crypto investors like Mark Cuban kept Dogecoin prices on an uptrend. These were especially critical in helping DOGE make it to the list of top 10 most valuable crypto assets and accumulate the current market cap of $18.8 Billion.

Moving forward, we are confident that more Elon Musk tweets and actions will help Dogecoin sustain an uptrend and possibly break parity with the USD. He has, for instance, hinted at allowing for the purchase of Tesla vehicles with Dogecoin and even joked about making DOGE the official currency for Twitter - should he acquire the social media platform.

Read Our Dogecoin (DOGE) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. Basic Attention Token - Best Token Economy Crypto to Buy Under $1

Basic Attention Token is a token economy cryptocurrency created by Brave Software and distributed to users of the Brave Browser. It is a hugely promising cryptocurrency targeting the multi-billion online advertising industry. It rides the online privacy wave and seeks to grant you more control over the type and amount of personal information advertisers collect from you, the type of adverts you view and even pays you to view these adverts.

Launched in 2017, its adoption is on a steady uptrend seeing that the Brave browser currently has more than 50 million active users monthly. However, the promising future and appeal to users are not the only reasons why we believe BAT to be one of the best crypto under $1 to buy today.

Basic Attention Token seeks to revolutionize the $500 Billion digital advertising industry. In partnership with the Brave browser, its founders are looking to leverage the growing concerns about internet security to fuel the coin’s adoption and use cases.

They propose to decentralize digital advertising and give internet users control over the amount of personal data that advertisers can access and absolute control over the type of adverts they get to watch. They also get paid to watch this content by sharing the fees paid by advertisers with the BAT network.

Currently hovering around $0.6 and $0.9, BAT is expected to rally 7X within the next 5 years.

Don't Miss Our Basic Attention Token (BAT) Price Predictions

We also include it here because its prices are already massively discounted. At the time of writing, BAT is already trading more than 85% below its all-time high. Plus by 2025 and 2030, the token prices are expected to reach $2 and $20, which translates to gains in excess of 650% and 6500%, respectively, if these forecasts come true.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

5. Stellar Lumens - Established Crypto Under $1 With Strong Use Cases

XLM is another crypto to buy under $1. Stellar is an open-sourced and highly decentralized payment network that seeks to revolutionize the world financial system. Two of the core missions that help endear it to the crypto community are the provision of crypto storage services and financial inclusion and reach to the unbanked.

Did you know that Ripple and Stellar were created by the same person - Jed McCaleb? Like Ripple, Stellar hoped to revolutionize the global finance industry by facilitating faster, safer, and more affordable inter-bank transfers. Currently selling at around $0.2, we consider Stellar to be the most promising penny crypto because of its strong fundamentals. Plus, unlike Ripple, it is not fighting a court battle.

Some of the factors that convince us and the market that Stellar will almost certainly blow in the foreseeable future include its well-laid-out roadmap and strong development team. Not to mention that it too has received global acceptance from the finance industry, with countries like Ukraine settling on the Stellar network to host its CBDC.

Learn How High Can XLM Go On Our Stellar (XLM) Price Prediction

Stellar is also on a mission to oversimplify cross-border transactions and both the cash transfers and exchanges on its decentralized crypto exchange are highly affordable.

The adoption of Stellar blockchain and tokens is on the rise as the blockchain has already partnered with several on- and off-chin brands - like IBM. These partnerships, in-network developments, rising adoption of blockchain technology, and increased awareness about Stellar are to catapult XLM tokens to new heights. And these are some of the reasons why we consider XLM one of the cheapest crypto to buy today.

By the turn of the decade, some highly optimistic analysts believe that XLM token prices will have broken above $30. This implies that if you bought and HODLed the token today, you would be acquiring it at a 30000% discount.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

6. Tron - Best Crypto Under $1 With a Strong Roadmap

Tron is a revolutionary blockchain that seeks to revolutionize the multi-billion entertainment industry. First launched on Ethereum before launching its own mainnet, the Justin Sun-led network seeks to remove the big tech intermediaries like YouTube, Apple, and Facebook from the entertainment industry. It intends to give content creators and developers control over the distribution and payment of their content.

The Tron blockchain network is dedicated to content creation and entertainment. Established close to 5 years ago, the network has sustained an uptrend even in the face of slow adoption of blockchain technology. It has also proven its resilience by surviving two major crypto market crashes - in 2018 and mid-2021.

In either instance, it rebounded quickly, and we credit this resilience with its current market cap of $6.3+ Billion and an uptrend that has seen its token prices rise 3000% above their introductory price. Tron isn’t just a leader in the blockchain-based entertainment space, it is also highly innovative, with the Tron Foundation working tirelessly to maintain this competitive edge.

Just recently, it acquired BitTorrent - a renowned file sharing platform. The TRX token has also received endorsements from a host of celebrity artists, including NeYo and rapper Lil Yachty. Others, like Lindsey Lohan, have even launched and sold NFTs on the Tron network.

All these, plus Tron’s well-laid-out road map and aggressive marketing of the platform by its Founder Justin Sun are expected to continue fueling the TRX token’s value gain in the foreseeable future.

Find Out Will TRX Rise In The Future In Our TRON Price Prediction

Its biggest appeal is that it lets content creators and crypto developers create and monetize products and services on this blockchain. They could also create custom tokens that they can use to receive rewards from their supporters and product users. We feature it among the best crypto under $1 to buy in 2023 because it is just carving its niche in the multi-trillion-dollar industry.

Another reason why we add it to our list of cheapest crypto to buy is that it already is heavily discounted. At the time of writing, for instance, TRX tokens are selling 80% below their all-time high. And moving forward, they are expected to reach $4 by 2030, which implies that you could be staring at 8000% gains.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

7. Algorand - Most Promising Crypto Under $1 to Buy in 2023

Algorand is one of the most promising crypto under $1 in the market today. Launched in 2018, Algorand has enjoyed steady growth, owing to its ultra-fast and multi-use blockchain technology. It has an expansive ecosystem and even though it currently is trading 94% below its all-time high, it has a $1.27 Billion market cap.

 We feature ALGO among the best crypto under $1 to buy in 2023 because it is on a mission to increase its usefulness and demand for the tokens. This started in early 2022 when the Algorand Foundation announced a $10 Million grant for the development of an EVM bridge and a further $20 Million to boost the running of Ethereum-based smart contracts and dApps on Algorand.

The Algorand development took the crypto industry by surprise when it launched a network that solves the blockchain trilemma challenge. The developer community and institutions took it up and started testing different Dapps. But so did the investment community that has pushed ALGO token ICO prices up by more than 650% to make it the 30th most crypto project.

Moving forward, the majority of analysts and investors are confident that we are about to witness an increase in developer interest in Algorand. This, they believe, will be fueled by the incoming DeFi and Web 3.0 age as developers search for more stable smart contract platforms to serve as Ethereum alternatives. Such an influx of developers is expected to spur the demand for ALGO tokens, which will - in turn - catapult their prices to new heights.

Over the last month, ALGO prices have been ranging between $0.6 and $0.9, and experts at Changelly expect it to rise by as much as 1500% in the next 5 years.

Check Out Our Algorand Price Predictions

This has ushered a lot of visibility towards Algorand and even helped it score numerous collaborations with both on- and off-chain brands. All this is expected to help catapult ALGO token prices to unimaginable heights in the future with some analysts expecting it to reach $70 - a 23000% gain - by 2030.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

8. Cronos - Best Exchange-Based Crypto Under $1 to Buy in 2023

Cronos, formerly crypto.com coin, is the native crypto for Cronos Chain - a relatively new blockchain network created by the Crypto.com exchange. We feature it among the best crypto under $1 to buy today not just because it is new but also because of its massive potential for future value gains.

Cronos - formerly crypto.com coin- is the native token for the Cronos blockchain that is closely related to the Crypto.com exchange. In the recent past, crypto.com has been involved in an aggressive marketing campaign that has seen it onboard millions of users across the world and rise to become the 9th most liquid crypto exchange.

Cronos is to Crypto.com what Binance coin and the Binance Smart Chain are to the Binance exchange. And just as the popularity of BSC helped catapult BNB token prices to unimaginable heights - making it the 4th most valuable crypto project, optimists are confident that the newly launched Cronos blockchain will help CRO token rally to new heights. As high as $4.40 in the next 5 years for an altcoin whose prices have been ranging between $0.33 and $0.52 in the last 3 months.

Read Also Our Crypto.com Coin (CRO) Price Prediction

We also feature it here because it is the utility token for one of the fastest-growing crypto exchanges and DeFi platforms. Launched in November 2021, for instance, the Cronos Chain DeFi staking and lending platform had more than $4 Billion in total value locked in early 2022.

The Crypto.com and CRO token developers are also actively working on increasing the use cases for the altcoin. In addition to introducing crypto lending and staking platforms, they have also introduced a CRO reward scheme for the Crypto.com Pay payments app and visa card. Like Binance and its BNB coins or FTX exchange and its FTT coins, CRO token prices are expected to rally by as much as 10000% to reach $10 in the next 5 years.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

9. Chiliz - Best Sports and Entertainment-Focused Crypto Under $1

Chiliz is a unique blockchain dedicated to sports and entertainment. It seeks to revolutionize the level of engagement between sports clubs as well as content creators and their fans. It achieves this through the Socios engagement platform and exchange. Through the platform, clubs can create custom governance tokens that can then be sold to fans who, in turn, acquire a right to participate in the club decisions like shirt design.

In the last 12 months, CHZ tokens prices have been ranging between $0.08 and $0.35. But the number of clubs that have already launched tokens on Socios or are interested in creating some has been on the rise. This is one of the key reasons why we feature Chiliz among the best crypto under $1 to buy in 2023.

We also include it on our index of cheapest crypto to buy today because its developers are looking to scale its use cases with the launch of the Chiliz 2.0 blockchain. On this EVM-compatible mainnet, Chiliz will add DeFi products, NFTs, Metaverse, play-to-earn games, event ticketing, and loyalty programs.

All these have the net effect of increasing the demand for CHZ tokens, which effectively catalyzes its value gains. Expert forecasters expect it to reach $15 in the next 10 years, implying that you stand to grow your investment by as much as 15000% if you HODL.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

 10. Shiba Inu - Invest in a Meme Coin with a Hugely Upside Potential 

Shiba Inu is the second most valuable and arguably one of the most popular meme currencies. It also is one of the cheapest cryptos around today. Like Dogecoin, chances are high that SHIB token prices will never reach $1. We nevertheless feature it among the best crypto under $1 to invest in, because of its promise for a massive upside value gain.

A combination of a rallying crypto market, endorsements from the crypto community and celebrities, as well as meme coin frenzy, helped Shiba Inu prices rally by more than 5 million percent in early 2021, making its HODLers stupidly rich. Given that we are approaching yet another rally, the majority in the crypto market is confident that Shiba Inu is ripe for yet another price run that sends SHIB investor profiles skyrocketing.

Only this time around, Shiba Inu has more than a rallying market, community support, and a meme coin craze revving up its value gains. In the last few months, Shiba Inu developers have sought to increase SHIB’s use cases by launching an NFT marketplace, a token launch pad, and collaborating with different ecommerce stores.

In trying to mirror similar growth during the next market rally and meme coin frenzy, Shiba Inu developers have already started burning SHIB tokens in great numbers. While they may not burn SHB tokens to $0.1 or even $0.01, every indicator points to the fact the move will help ignite a massive price pump - to the benefit of current SHIB investors.

Don't Miss Our Shiba Inu (SHIB) Price Prediction

They have also increased the burn rate for SHIB token prices and all of these are expected to catapult SHIB prices and investor portfolios to unprecedented heights.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

11. The Graph - Best Small Cap Cryptocurrency Under $1

The Graph is an Indexing protocol for querying data on the Ethereum network. It seeks to make it easier for developers on the decentralized network to query the blockchain and identify reliable and accurate information for use in building on the network. And expert opinions suggest that it might just be the perfect tool for building both DeFi and Web 3 ecosystems - the crypto industry’s next big thing.

But these aren’t the only reasons why we rank The Graph among the best cryptocurrencies under $1. Others include the fact that its developers have promised to launch The Graph indexing protocol for all smart contract blockchains - increasing uses cases for GRT and sparking value gain.  

Further, the coin has already broken above $1, peaking at $2.88 in early 2021. With a recovering crypto market as well as a rising interest in DeFi and Web 3, analysts are confident that GRT will easily recapture these heights and possibly rally to $5.60 in the next 5 years.

Read Our The Graph (GRT) Price Predictions.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Are Cryptocurrencies Under $1 Good Investments?

The majority of the best crypto under $1 that we have discussed hereinabove are quite similar to penny stocks. They have massive growth potential and if you choose wisely, there is a likelihood that their value will blow - effectively taking up your investment.

But there is never a sure-fire trick to identify the best crypto under $1 to buy, which implies an equal chance of your cheap crypto bet tanking and taking down your investment.

There nevertheless are a few factors that make these cheap cryptocurrencies worth buying today. We look at the top 3 below:

Reasons to Buy Cryptocurrencies Under $1 Today:

1. Staking and lending earn you passive income

The DeFi niche is blowing and some of these platforms are massively accommodating - taking in even the newest and cheapest cryptocurrencies. You may, therefore, consider investing in one of the cryptos under $1 and using them to earn passively on crypto-staking platforms.

2. Diversify your portfolio cheaply

The fact that most of these cryptos are selling for pennies gives you the ability to diversify your portfolio cheaply. By buying as many penny cryptos as possible, you increase your chances of blowing your portfolio when some of these low-value cryptos eventually blow up.

3. You can buy on a large scale

The fact that most of these cryptos are lowly priced also means that you can go large scale on the cheap crypto that you believe has the highest potential to blow up.

Where To Buy The Best Cryptocurrency Under $1?

Most of the crypto under $1 that we have featured in this guide are massively popular. They, therefore, are listed with virtually all the popular crypto exchanges around. But if you are new to crypto investing and aren’t sure where to buy any of these cheap cryptos, we recommend using one of the following three exchanges:

eToro - Best for beginners

eToro is one of the most popular crypto trading platforms - available in 180+ countries and territories across the world. We consider it one of the best places to buy crypto under $1 for beginners because of its user-friendly and highly navigable interface as well as insightful buy guides.

We also like it because of its accessibility and the fact that it supports the widest range of payment methods - including PayPal. Here, you will also have access to a free custodial wallet as well as a free non-custodial mobile wallet app.

eToro is the best platform to buy cryptos under one dollar for beginners because of its user-friendly crypto trading platform. It also has a transparent fee structure and integrates social and copy trading.

Coinbase - Best for instant buy

Coinbase is the best place to buy penny cryptocurrencies instantly. It features a beginner-friendly instant buy platform that lets you pay for crypto with your local currency or another digital asset. We also consider it a good place to buy penny crypto because it is highly liquid - implying that even the largest orders fill fast.

Coinbase  Best for buying crypto instantly. It is also deeply liquid and has a straightforward account registration process.

Binance - Best for low trading fees

Binance is the best place to buy penny cryptocurrencies at the most competitive fees. When you invest in crypto under $1 on Binance, you will only pay a transaction fee of between 0.1% and 0.04% - based on trading volume. And if you settle the transaction fee with Binance Coins (BNB), you receive a 25% discount.

Other factors making Binance the best place to buy crypto under $1 include its support for the widest range of both new and established cryptocurrencies. It is also the most liquid crypto exchange - meaning that your buy/sell orders fill fast with no slippage or requote incidences.

Binance is Best for ultra-low crypto trading fees. It is also the most liquid crypto exchange, supports the widest range of cheap cryptocurrencies, and is easily accessible.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

What To Look For In The Best Crypto Under $1

Not all penny cryptocurrencies are worth buying. Some, especially meme coins, will soon die and add to the growing heap of dead coins. How then do you find the most valuable asset among the cheapest cryptocurrencies?

Here are a few factors that you should consider when vetting these altcoins.

First, before you buy crypto under $1, ensure that it seeks to solve an existing problem and that it has real use cases. It should also have a well-laid out plan - in the form of a whitepaper and a road map - outlining how it intends to move from concept to a usable project.

Secondly, before you invest in crypto under $1, confirm its perceived value by looking at its investors and collaborators - both pre- and post-ICO. A viable project will attract multiple investors, especially venture capitalists and collaborators - especially major offline tech brands.

Lastly, confirm its scalability. Ideally, the most promising crypto under $1 should be scalable and open to global adoption. It should appeal to everyone across the world and not a specific group of individuals, industries, or locations.

What Are The Benefits Of Buying Cryptocurrencies Under $1?

Penny cryptocurrencies are massively volatile. Some also suffer from low liquidity. Nevertheless, the benefits of investing in crypto under $1 far outweigh the possible limitations. Here are a few:

Possibility of massive returns in a short period

Viable penny cryptocurrencies have the tendency of exploding and scoring their investor’s massive gains. Take, for example, Dogecoin, if you had invested in the dog-themed meme coin a day before the Elon Musk endorsement, you would have grown that investment by more than 18000% in the 7 days that followed.

Ability to buy large quantities of the digital currency

The fact that these cryptocurrencies are worth so little makes it possible for you to acquire so much of a single token. And when their value eventually rises, these expose you to unimaginable gains. For instance, if you had invested $100 in Bitcoins in 2010 when one BTC was selling for $0.08, you would have acquired 1250 BTCs. Today, that investment would have grown to $51.25 Million.

Portfolio diversification

That penny stocks are so affordable makes it possible for virtually anyone - regardless of their investment capital - to diversify their portfolio. For instance, with $1000 investment capital - you can easily create a diverse portfolio of crypto assets.

Leverage short-term volatility

Most cryptocurrencies under $1 are massively volatile. But this doesn’t always have to be a bad thing. With experience and advanced trading tools, you could leverage the volatility - both uptrending and downtrending - to earn maximum profits.

How To Buy Cryptocurrency Under $1 For Beginners - Step-by-Step Guide

eToro is our top choice for the best crypto exchange to buy crypto under $1. To get started buying any of the cheap cryptocurrencies discussed above on the exchange, use this step-by-step guide.

Step 1: Register a Crypto Trader Account

Open the official eToro exchange website and tap on the “Join Now” icon on the top right of the home page. Complete the user registration that pops up by entering such personal information as your name and email address, country of residence and phone number, as well as income source and trading experience.

Step 2: Verify Identity

Verify your identity by submitting a copy of your government-issued identification document e.g. I.D, Passport, or Driver’s license.

Step 3: Deposit Funds

Log in to your approved eToro account and tap on the “Deposit” icon on the user dashboard. A funding menu will pop up indicating all the payment options available to you - based on your country of residence. Choose one and follow the prompts to complete the cash transfer.

Step 4: Search for the crypto

While on the user dashboard, click on the “Discover” button to view all the asset classes supported by the exchange. Choose “Crypto” and use the search menu to find the crypto under $1 to buy on the exchange. Alternatively, look it up from the list of cryptocurrencies supported on the trading platform.

Step 5: Buy Cryptocurrencies Under $1

Tap on the “Buy” option against the preferred crypto under$1. A trading menu will pop up. Use it to customize the trade by indicating the number of cryptocurrencies you wish to buy or the amount of cash you wish to spend on this trade.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Conclusion

There is no shortage of cryptocurrencies under $1 today. And in this crypto investing guide, we have discussed what we consider the top 10 cheapest cryptocurrencies to buy today.

We have discussed them all and looked at some of the reasons why they make it to our list of best crypto to invest in. We have discussed some of the reasons why you should be buying these cheap cryptocurrencies.

But even more importantly, we have introduced you to three highly reputable crypto trading platforms where you can buy these tokens. We have even provided you with a step-by-step guide on how to buy crypto on the highly reputable eToro trading platform.

Want to start buying these cheap cryptocurrencies? Register an account with eToro and start diversifying your crypto portfolio.

eToro – The Best Platform To Buy Crypto Under One Dollar

Open an account with eToro, deposit some funds with USD, and finally – buy Cryptocurrencies for just $10.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.