In this guide, we take an in-depth look at the Best Cryptocurrency to Buy today. You’ll find full reviews of the most potential crypto assets this year, and how to buy them. Let’s now take an in-depth look at each of them to help you choose one that fits your needs.
Of course, there are other options out there and some of the tokens on our list are potentially riskier investments than others. However, each of these tokens has made our list for specific reasons, which we will detail in the coin-by-coin reviews that follow.
Reviewing The Best Cryptocurrencies To Invest In Today
When choosing the best new cryptocurrencies to invest in, it's important to consider each token’s potential strengths and weaknesses to assess how it might fit into your wider investment strategy. With this in mind, it’s a good idea to take a closer look at each of the coins on our list.
1. Conflux – Best Crypto To Invest In May 2023
Conflux has emerged as one of the best cryptocurrencies to buy in May 2023 right now for the hype it is generating. Conflux (CFX) has been making big moves in the crypto world thanks to its status as the first fully supported cryptocurrency in mainland China.
With its support from Chinese investors, Conflux could be set for great success as it strives to become a trusted financial platform for global users. In particular, with China’s huge population, the potential future of CFX is truly immense.
Besides the China factor, Conflux is becoming recognized as a significant contender amongst Web 3.0 cryptocurrencies. Its decentralized nature allows users to operate and secure the network without needing a centralized hub or an intermediary.
In addition, Conflux provides high scalability, further reducing costs related to operations and other transactions, enabling users to maximize the potential of this revolutionary cryptocurrency. Conflux has already become a noteworthy player in the Asian Web 3.0 currency market. It has a future in a decentralized web, which many analysts believe is the future of the internet.
With the blockchain world slowly expanding daily, audiences in Asia have been showing increased enthusiasm and dedication towards wanting to be part of the innovation. This has translated into a massive success for crypto networks such as Conflux, as its booming popularity within Asia has generated a surge in demand.
With most of the world's population being from Asia, this only sets up Conflux as one of the best cryptocurrencies to buy and hold for the long term. It stands to benefit significantly as cryptocurrencies increasingly go mainstream, not just for transactions but for other web-based services as well.
As such, there is good reason to believe that this demand for Conflux will only strengthen going into the future, helping to keep its price high and sustainable over time.
2. Cardano - Top Crypto Asset To Buy In 2023
Another best crypto to buy and hold today is Cardano. On paper, Cardano is one of the most advanced blockchains in existence and certainly deserving of the ‘Ethereum Killer’ title bestowed upon it. Being more scalable than its predecessor, Cardano has become an attractive alternative for DeFi projects that have become disillusioned by Ethereum’s ongoing congestion problems and soaring GAS fees.
As the world’s first blockchain project to be reviewed by leading academics in the fields of finance and technology, Cardano has a pretty solid pedigree. Capable of processing some 250 transactions per second, it is certainly one of the fastest and most reliable smart chains out there.
Cardano features highly on our list of the top cryptocurrencies to buy right now as it has recently been announced that one of the firms behind the project plans to invest $200 million to support its growth over the next three years. The funds will be directed towards projects being built on top of or to work alongside Cardano itself.
Naturally, this injection of funds could see Cardano’s popularity surge. If any of the emerging projects built on the platform happen to be a success, then it’s likely that we will see the price of ADA surge.
Much of Cardano’s future success will depend on how things unfold with the ongoing Ethereum 2.0 upgrade. But given that the price of ADA is currently trading at almost 90% lower than its all-time high, now could be the perfect time to add it to your portfolio.
3. Bitcoin (BTC) - Best Cryptocurrency To Invest In Right Now
Bitcoin is the most popular and most valuable crypto asset. It has also been around for longer, during which period it proved its resilience and the usability of BTC coins. It, therefore, does not come as a surprise when our analysis and that of many analysts in the crypto market conclude that BTC is the best cryptocurrency to buy in the market.
We also list it here because every time it skidded and lost significant value, its rebound was swift and always rallied to new heights. After the mid-2021 crash that saw it lose more than 50% of its value, it rebounded fast and rallied to new highs a few months later. Should the market start recovering in early 2023, we are confident that BTC price will try to repeat this trend before possibly rallying to new heights.
By the end of this year, analysts expect it to have rallied by as much as 300% - enough to help it recapture its late 2021 highs. And by the turn of the decade, a growing number of crypto analysts, fintech experts, and investors expect it to rally by more than 5000% to reach and break above $1 Million.
4. Ethereum (ETH) - Most Promising Cryptocurrency To Invest In
Several factors make Ethereum one of the best cryptocurrencies to buy. The first is the unmatched resilience that has seen it post a quick rebound and rally to new peak prices after every crypto market crash. This has investors convinced that it will rally by the 400%+ needed to recapture its 2021 highs and possibly race up to new highs once the market starts recovering.
Secondly, there are a lot of developments taking place in the Ethereum ecosystem. The most recent being the highly anticipated switch from POW to POS consensus mechanism. This makes the Ethereum network more scalable and highly efficient.
It is also expected to cut down ETH token supply while staking a reduced number of tokens in circulation. And these two, among other key developments to the network, were expected to trigger a rebound for ETH and catapult its token prices to new highs.
We must also observe that ETH token price action is respectful of the larger market trends. It arises when the market is rallying and dips when the market crashes. Given the growing optimism towards a recovering market this year, investors expected ETH token prices to obey this market trend – further confirming why ETH is the best crypto to invest in today.
5. Polygon (MATIC) - Best Multi-Chain Protocol To Buy Right Now
Polygon is one of the largest and most popular and valuable layer-2 scaling protocols for the Ethereum network. Originally designed to solve the scalability issues on the ETH network, investors watched with bated breaths as Ethereum sought to address this challenge with The Merge.
In the end, Polygon doubled down on its resilience and sustainability by not allowing The Merge to have a significant impact on its MATIC token prices. And this informed our decision to feature it among the best cryptos of this year.
Much of this may be attributed to the fact that brands are still looking for higher scalability – than is currently offered by the post-merge ETH – and will, therefore, continue using Polygon. This means that even with The Merge, experts expect Polygon to continue collaborating/partnering with brands that will expand MATIC token use cases, effectively pushing up its prices.
Moreover, Polygon is a multi-chain protocol expected to launch on other blockchains. This will also serve to rev up the use cases and demand for MATIC tokens, which ultimately pushes their price and your investment up.
6. The Graph (GRT) - Cheap Crypto With Upside Potential
The Graph is a revolutionary indexing protocol for querying data on such blockchain networks as Ethereum. Through effective data querying, The Graph makes it possible for developers to come up with more sophisticated, efficient, and reliable smart contracts. It is expected to play a particularly crucial role in helping advance Web3, blockchain gaming, smart contract, metaverse, and more emerging crypto technologies.
We, therefore, feature it among the best cryptocurrencies to buy today because it has a highly promising future. And among the key factors expected to help trigger GRT's value run is the much-anticipated market recovery – expected to kick off this year.
We also believe it to be among the best crypto coins to invest in before the end of this year because it is grossly undervalued. Despite the revolutionary impact this protocol has on the market, it continues selling for pennies. Much of this can nevertheless be attributed to the slow uptake of crypto and blockchain technologies.
We, therefore, feature it here because we expect a sped-up adoption of blockchain technology to trigger its upward price correction. Not forgetting the unmatched resilience that helped it survive some of the most devastating crypto market crashes – especially the mid-2021 crypto market dip.
7. Cosmos (ATOM) - Best Interoperability Token To Invest In Long Term
Cosmos prides itself as the crypto of the future and the catalyst for an interoperable crypto verse. These bold claims are backed by its Inter-Blockchain Communication (IBC) protocol – a tool that allows for communication and data sharing among blockchain technologies.
It is also backed by the Cosmos SD that makes it possible for virtually anyone and their brand to create interoperable blockchain apps and programs – without the need for programming skills.
This says that its ATOM tokens will continue gaining value moving into the future. And seeing that the coin is already trading more than 70% below its 2021 highs, we expect this value gain to begin as early as next year. And this explains its inclusion in our list of the best cryptocurrencies this year.
Some of the other reasons why we feature it here include the fact that it is massively resilient and, therefore, expects it to survive the current market downturn. We also expect a sped-up adoption of blockchain and crypto technologies to play a critical role in triggering an upward price correction for ATOM tokens.
8. Solana (SOL) - Best Ethereum Alternative To Watch This Year
Solana is arguably the most potent threat to Ethereum and the fastest-growing smart contract network. Although it went live in 2020, it has overtaken the likes of Cardano and is on the verge of catching up with Ethereum with regard to a number of integrated crypto technologies.
And some of the projects launched here have become immensely popular and user successful – led by the likes of Samoeyedcoin meme currency, Star Atlas metaverse, and the STEPN GameFi token. But what happens when we cannot even have to worry about?
These, plus its highly promising future, make Solana an altcoin of the future. They also form part of the reasons why we feature Solana among the best altcoin to invest in.
We also feature it here because Solana has performed exemplarily well in the past and proved its resilience. By the time it peaked in late 2021, it was already up its ICO by more than 130000%. And although SOL has lost more than 80% of this peak price, its historical performance during market downturns and the level of developer activity taking place on the network have everyone convinced it would rebound fast.
9. Shiba Inu (SHIB) - Best Meme Coin To Buy Before Next Market Rally
Shiba Inu is one of the most popular and valuable meme coins. It also has one of the largest communities of followers online – ranging from celebrities to crypto influencers. It shot to popularity to popularity during the early 2021 market rally when it rallied by more than a million percent in less than three months. It also rebounded fast and rallied to new highs after the mid-year market crash. And these have everyone convinced that SHIB is the best crypto to buy and hold before the next market rally – possibly this year.
But the stellar price performance and massive resilience aren’t the only reasons why we consider SHIB the best cryptocurrency asset. Others include the fact that there have been a lot of developments within the Shiba Inu ecosystem. And they are all expected to have a positive impact on SHIB token prices. These include the launch of the Shiba swap DEX, the Shib token launch, and the increased burn rate for SHIB tokens.
We also cannot rule out the possible revival of the meme coin frenzy that helped SHIB post unimaginable gains in 2021. We also expect its large community of followers to try to trigger multiple artificial price pumps as soon as the market starts recovering, adding to the reasons why it is worth buying today.
10. The Sandbox (SAND) - Fast-Growing Metaverse Project To Buy At The Current Dip
The Sandbox is one of the most popular, valuable, and fastest-growing metaverse projects. It also has solid fundamentals and intends to eventually morph into the largest blockchain-based social media platform in the world.
Additionally, there have been a lot of developments taking place in The Sandbox metaverse, especially the integration of such crypto technologies as NFT and play-to-earn games. And all these are aimed at solidifying the SAND token’s position as the crypto of the future.
These form part of the reasons why we feature SAND among the best cryptocurrencies to invest in today.
Others include its resilience, which our analysts believe will play a key role in helping SAND survive the current market downturn. And given the metaverse token’s respect to crypto market dynamics, we also expect a recovering crypto market to have a significant impact on SAND tokens. Not forgetting the many collaborations and partnerships with both on- and off-chain brands that SAND token is yet to cash out.
11. Stellar (XLM) - Cheap Crypto Coin With Growing Use Cases
Stellar Lumens is woven off the same cloth as Ripple and promises to revolutionize the global banking industry. It intends to solve the financial inclusivity challenge facing the majority in the world – considered underbanked or unbanked – by giving them access to decentralized banking services. This effectively makes it the ultimate crypto of the future.
Such optimism about its future value in the crypto verse has helped sustain XLM’s uptrend. And as we approach the upcoming market recovery, we expect this resilience to continue fueling the altcoin’s upward gains. This explains its inclusion in our index of best crypto assets.
The altcoin is already trading more than 85% below its January 2018 highs. And given its overreliance on Ripple’s price action, we expect a positive verdict in the ongoing Ripple vs SEC case later in the year or early 2023 to have a positive impact on XLM token prices. Either way, we expect a recovering market to help thrust XLM token prices to rally by as much as 400% before the end of this year to recapture its 2021 highs.
Next up on our list of the leading cryptos, we have ANKR, the native token of the Ankr project. Ankr differs from many other projects on this list in that it is designed to facilitate the building of blockchain projects, as opposed to being a product in itself. As Web 3.0 inches closer, projects like Ankr could be instrumental in ushering the next evolution of connected technology.
In the simplest sense, Ankr provides developers, decentralised applications and stakers with a selection of tools and pre-existing technology. First and foremost, it provides a system of nodes that can be used cross-platform, including Ethereum, Binance and Fantom. This means developers can collect, use and deploy data across these chains with minimal outlay.
Needless to say, the Ankr system can streamline processes for developers and dApps, which alone makes it hugely valuable. However, Ankr also has some pretty impressive staking tools which allow stakers to maintain liquidity and earn rewards via several different DeFi projects, regardless of which blockchain they are built on.
So why is Ankr a good investment? One of the reasons we think now is a good time to add ANKR to your portfolio is that the platform has recently partnered with Polygon, which will expand the platform’s capabilities and allow developers to deploy projects on the Polygon supernet. This is a move that could have a positive effect on Ankr’s value in the coming months.
Apecoin made some serious waves when it launched earlier in 2022. Riding on the coattails of the Bored Ape Yacht Club - one of the world’s biggest NFT marketplaces - Apecoin generated a huge amount of interest early on, despite the function of the token not being all that clear. Unfortunately for APE, it launched during a major downturn for the crypto market in general, leading some to speculate that this latest meme coin is yet to have its day.
On the surface, Apecoin is just another ERC-20 token. The token itself doesn’t have any unique use cases and there’s no underlying technology that makes the project stand out. This is why it falls into the meme coin category. However, Yuga Labs, the entity behind Apecoin, is clearly positioning the token as a cryptocurrency for web 3.0.
The general consensus is that Apecoin is well-positioned to be a popular currency on the NFT market, as well as a go-to choice for in-game transactions on emerging play-to-earn crypto titles. If this pans out to be true, then Apecoin could come to dominate the meme coin space, as both the NFT and play-to-earn gaming markets are set to grow exponentially.
The reason we believe that Apecoin is one of the best cryptocurrencies to buy this month, is that Apecoin has recently announced that its new staking system is going live at the end of the month. Of course, this is already a pretty crowded field, but what makes Apecoin’s staking protocol different is that users can stake their NFTs, transforming them into fee-earning assets. And this could be a very big deal.
Admittedly, Apecoin is a riskier investment than some of the tokens with a more clearly defined use-case, but anyone hoping to cash-in on the upcoming staking protocol will need to add APE to their portfolio pretty soon.
XRP also stands as both the most sustainable crypto and one of the best crypto to invest in today.
The so-called bankers’ cryptocurrency, Ripple’s XRP has arguably the most clearly defined and valuable use case of any of the tokens on our list - namely to provide a fast, secure cross-border remittance service for banks and financial institutions. What’s more, Ripple has been on the scene since 2012, making it one of the more established and potentially more reliable investment options for this month.
It’s hard to overstate how valuable a project like XRP could be to some of the world’s biggest banks, who currently rely on the SWIFT system to send inter-currency payments around the world. This process is fairly expensive and time-consuming and banks often need to hold significant amounts of various currencies to facilitate transfers. Ripple has solved these issues by making XRP a universal medium of exchange.
It has been an interesting few weeks for XRP, with the token surging in value over September, even whilst much of the wider cryptocurrency market remained subdued. This will certainly be welcome news for investors.
The main reason that we’ve included XRP as a top cryptocurrency to buy right now is that there have been signs recently that Ripple will soon finally win its legal tussle with the US Securities and Exchange Commission. Soon-to-be-released documents are expected to boost Ripple’s case and experts have predicted that this could lead to XRP surging in value by up to 50%. This would make May a great time to add XRP to your existing portfolio.
15. Binance Coin
Binance’s BNB is another fairly obvious inclusion for our list of the best cryptocurrencies to buy this month. Being the native token of the world’s largest cryptocurrency exchange, as well as underpinning operations on the Binance Smart Chain, BNB should be a consideration for any well-balanced crypto portfolio.
BNB entitles users of the Binance exchange to reduced fees. Of course, it is possible to pay with other tokens, but the go-to option for any serious investor will always be the one that offers the best rates - and that’s Binance Coin. This alone means that BNB is always in demand, which helps to stabilise its value to some degree.
The Binance Smart Chain is also going from strength to strength, with many Defi projects either migrating to it from Ethereum or looking for cross-platform compatibility to take advantage of BSC’s super fast transaction rate.
Binance has also recently announced some intriguing updates to its blockchain, particularly the inclusion of zero-knowledge (ZK) rollup scaling solutions. Slated for next year, these upgrades could greatly improve Binance’s performance, keeping it in steady competition with Ethereum and more than likely having a positive effect on BNB’s token price.
No list of the best cryptocurrencies to buy today would be complete without some solid DeFi representation. There are quite a few projects currently operating in the space - and it was tough to choose between them, with the likes of Aave, Maker, and SushiSwap narrowly missing the cut. However, the one that has consistently performed well is Uniswap.
Uniswap has quickly established itself as one of the leading decentralised exchanges in the world. Offering users a platform to buy, sell and exchange cryptocurrencies without the need for a middle man, it's easy to see why many have made Uniswap their preferred exchange platform. The fact that it is also relatively easy to use gives Uniswap a major advantage over some of the more complex exchanges out there.
Uniswap also allows users to earn rewards by providing liquidity to the platform - which is a key part in how it operates. This is true of any DeX of course, but Uniswap seems to have struck a chord with crypto fans and it remains one of the most popular exchanges on the market.
So why is Uniswap a top cryptocurrency to buy this month? Well it has been reported that the developer behind the platform is planning another funding round, aimed at raising between $100 and $200 million to expand its services. Whilst we can’t say what these augmented services might be, such an injection of cash could well see UNI surge in value in the very near future.
Looking at the value of DOGE at the time of writing, this could also be one of the best cryptocurrency to invest in.
Dogecoin remains the biggest meme coin on the planet and despite having been reasonably quiet in the latter half of 2022, DOGE is still a force to be reckoned with, as it has held on to its spot in the top ten cryptocurrencies by market cap.
Most people know the story of Dogecoin at this stage. The token originally started as a joke way back in 2013. It was supposed to satirise the cryptocurrency market and the investor hype that surrounded it at the time. However, fast forward to 2021 and the Dogecoin joke has kind of backfired. DOGE surged in value by some 18,000% in the first half of that year.
The remarkable price increase was driven by several factors. Firstly, the ever-loyal Dogecoin community orchestrated a buying frenzy in the same vein as the Gamestop saga that made headlines in 2021. Then, a few timely comments of support from Tesla mogul Elon Musk lent momentum to the campaign, sending DOGE stratospheric.
Admittedly, Dogecoin is a riskier investment, but many industry voices feel that things on the DOGE front have been quiet for a little too long. In addition, there has been some significant whale accumulation in recent weeks which could herald an impending bull for the world’s favourite dog-themed cryptocurrency.
Some might be surprised to see Monero on a list of the best cryptocurrencies to buy now, as the token has been out of the limelight for a while. However, the privacy-focused token has seen renewed interest lately, after seeing some impressive price surges in over the summer months.
In case you aren’t aware, Monero is the cryptocurrency that takes privacy to the next level. Whilst it works in a similar way to most first-generation cryptocurrencies, it utilises privacy enhancing technologies to obfuscate transactions, protect anonymity whilst maintaining transactional integrity. The platform is driven by its native token, XMR.
The advantages of anonymous transactions are probably fairly obvious - especially as the people are becoming increasingly concerned about protecting their privacy. We won’t bore you with the technical details, but Monero’s secret weapon is its RandomX proof-of-work consensus mechanism. It also relies on stealth addresses to add further protections to user privacy.
So why buy Monero in May? Like many of the coins on this list, XMR is currently trading significantly lower than its 52-week high. In theory, this means the token has a lot of room to run, which is why we think it could be a good pick this month.
You’d have to have been living under a rock not to have heard the term ‘metaverse’ - the concept of a 3D virtual world that allows users to interact, trade and customise their environments. There are numerous metaverses out there, but Decentraland is the leading light and arguably the most successful to date.
The premise of Decentraland is pretty straightforward. Users can buy parcels of land within the metaverse. These are effectively NFTs representing virtual real estate. Players can then build more or less what they want on their land - galleries to display their digital art, games arcades or even auction houses.
Decentraland has already proven hugely popular and some virtual land plots have sold for serious money - with the biggest sale to date being worth some $2.4 million. The project’s native token, MANA, has also seen its value surge as Decentraland continues to welcome more and more visitors. As a matter of fact, there are estimated to be some 300k monthly users.
Metaverses are expected to be a mainstay of web 3.0 and given that Decentraland is already one of the most established names in the space, we think it could be a solid investment option ithis year.
Are Cryptocurrencies Worth Buying?
Yes, cryptocurrencies are worth investing in. In fact, they have positioned themselves as an excellent investment by outperforming virtually all other asset classes in the last decade.
Still not convinced that cryptos are worth investing in? Here are four more reasons that prove why cryptocurrencies are worth investing in:
Massively promising ROI
Over the last decade, cryptos have posted massive gains. Moving forward, we expect them to post even greater value gains, which translate to outsized gains on your crypto portfolio.
Ownership over asset
Cryptocurrency is the only asset that gives you absolute ownership over your investment. They are free of censorship, and you have absolute control over their use.
Cryptos are an excellent asset for diversifying your investment. They especially come in handy for anyone looking for a hedge against conventional investments like stock and commodities.
Long-term store of value
One of cryptocurrency’s greatest features is the fact that they are inflation-proof. Therefore, they serve as excellent stores of value.
How To Find The Best Crypto In May 2023
In a sea of over 22,000 cryptocurrencies, finding the best crypto to buy today can be overwhelming. There, however, are a few factors that you should consider when finding the best cryptos to buy today. These include:
- Resilience: Your preferred crypto should be provably resilient. It should have a track record of rebounding fast after a crash and racing to new highs soon after.
- Fundamentals: The coin should also have the backing of one of the relevant and highly useful blockchain technology.
- Supply and tokenomics: The last thing you want is to invest in altcoins with unlimited or unreasonably large token supply when most of these tokens haven’t been released to the market. The introduction of new tokens has the tendency to liquidate the value of the altcoins, especially if they have limited or unexploited use cases.
- Adoption/collaborations: It is also important that you invest in an altcoin with growing use cases, as evidenced by growing collaborations with both on- and off-chain brands.
1. Use case
A viable, real-world use case does not necessarily mean a cryptocurrency will be successful. Similarly, meme coins and tokens with no intrinsic value have been known to command significant prices. But having a genuine use case is usually a good thing and, in the case of tokens like Ether and XRP, for example, their real-world application is likely to ensure their longevity. At the very least, considering tokens’ use cases will help investors create a diversified portfolio.
2. Price data
Price data is everything when picking investments. Firstly, it is the only indicator we have as to how a token’s price might respond to market forces. Secondly, price history can give us an idea of what kind of price a token is capable of reaching, which in turn can help us find suitable market entry points.
3. Development pipeline
An often overlooked factor, but investors looking for the best cryptocurrencies to buy this month should always check the crypto news headlines to see which projects have made announcements or upgrades that could have a positive impact on price. For example, Etthereum’s 2.0 upgrade or XRP’s SEC ruling.
There are very few tokens out there with a unique use-case. Most of the blockchain subsectors, such as play-to-earn games, DeFi, NFT marketplaces and metaverses, all have numerous projects vying for the top spot. Whenever you pick a token for investment, you should consider what its main competitors are and how it measures up against the wider market.
We’ve already discussed price history, but investors should also consider the social history of any cryptocurrency they are considering adding to their portfolio. Dogecoin is a good example of why this is important. Knowing the importance of things like a token’s online community, which celebrities have expressed their support and any legal entanglements a project has been involved in can help investors in assessing risk.
Building Your Crypto Portfolio
The tokens on our list of the best crypto are all widely available on leading crypto exchanges. However, if you’re new to the market or planning to make several acquisitions, then we’d highly recommend checking out eToro - one of the top names in retail investment.
eToro offers an award-winning trading environment, as well as some of the best charting and reporting tools you’re likely to find anywhere on the market. The platform is also notoriously easy to get to grips with, making the perfect option for both new and more experienced traders.
Another major advantage of eToro is that it offers some of the most competitive fees out there, making it the ideal choice for those looking to build or expand their cryptocurrency investment portfolio.
Where To Buy The Best Cryptocurrencies Today
Now that you understand the best cryptocurrencies of this year and how to invest in crypto, you also need to learn where to buy them. We recommend registering a crypto trader account with any of the following exchanges and buying these cryptos there.
1. eToro – Best exchange for beginner-friendliness and copy/social trading
Starting as an online FX brokerage, eToro has gradually morphed into one of the most reputable and popular crypto exchanges around. It is especially preferred by most crypto investors because of its user-friendliness, highly intuitive trading interface, low deposit/trading minimums, and support for a growing range of deposit options. You would also consider registering with eToro because it integrates copy and social trading.
2. Crypto.com – Best crypto exchange for passive investing
Crypto.com is one of the fastest-growing crypto exchanges. It, too, runs a user-friendly trading interface, supports 200+ cryptos and their pairs, lets you start investing in crypto with at least $20, and provides users with a free wallet. It also runs a staking program that pays interests of up to 14.5% p.a. for staked crypto.
3. Binance – Best crypto exchange for low fees
Binance is the largest, most popular, and most liquid crypto exchange. It also supports the widest range of cryptocurrencies and their pairs, lets you start investing with as little as $1, and charges the lowest crypto transaction fees. It also integrates a wide range of passive investing tools, gives users access to free digital wallets, and even maintains a $1 Billion insurance fund for its clients.
How To Buy The Best Cryptocurrencies On eToro For Beginners – Step By Step Guide
Do you want to start buying either of these crypto assets immediately and aren’t sure how to get started? We recommend registering with the all-popular and user-friendly eToro crypto exchange. The process is straightforward, and you could be buying crypto in less than 10 minutes.
Here is the step-by-step guide on how to get started.
Step 1: Register a crypto trader account with eToro
Search for eToro on your browser and click on the “Join Now” option on the exchange’s official website. Complete the registration form that pops up by keying in your name, address, phone number, email address, and country of residence, as well as your income sources and trading experience.
Step 2: Verify your identity
You will also need to verify your identity by uploading a copy of a government-issued identity card, be it a driver’s license or passport.
Step 3: Deposit funds into the approved account
Once the account is approved, log in and on the user dashboard, tap the “Deposit Funds” icon on your user dashboard. On the funding tab that pops up, choose your preferred payment option and follow the prompts to complete the cash transfer.
Step 4: Choose the crypto you wish to buy
On the user dashboard, click on the “Discover” tab to reveal the asset classes supported on eToro. Choose ‘Crypto’ and identify the digital asset you wish to buy from the list of cryptocurrencies supported on eToro that pops up here.
Step 5: Buy cryptos
Hit the “Buy” icon against your preferred crypto asset. On the trading menu that pops up, customize the trade by indicating the number of tokens you wish to buy or the amount of fiat you wish to spend on the purchase. Then hit the “Open Trade” button to initiate the transaction.
Conclusion - Best Cryptocurrencies To Buy Now
There goes what our analysts and the majority in the crypto community believe to be the best cryptocurrencies to invest in. We have told you why each of these cryptos is worth buying today and their most likely future price action. We have also discussed some of the reasons why you need to invest in cryptos, how to identify the best crypto coins to buy now, and the best exchanges to buy crypto today.
Our list should give you an idea of which projects are showing potential this month. Of course, the list is not exhaustive and you may have other projects in mind. Whichever tokens you choose to add to your portfolio in May, just make sure that you keep track of changes within the market.
Do you want to jump straight to buying cryptos today? Start with creating a crypto trader account with an exchange like eToro, make a deposit, identify the crypto you wish to invest in, and place a buy order.
eToro – Best Place To Buy Cryptos
Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.
FAQs Best Crypto May 2023
What is the best cryptocurrency to buy in 2023?
The crypto market is gradually coming back to life, so May is the ideal time to consider some new investments. Our list of best crypto coins to buy this month includes DeFi projects, metaverses and meme coins. Whilst we cant say for sure which one will prove the best investment moving forward, tokens like XRP, Mana and Ethereum are solid picks for any crypto portfolio.
How do I choose the best cryptocurrencies?
If you’re looking to buy cryptocurrency today, then we’d suggest taking some time to think about your investment strategy, before making a short list of tokens for consideration. When choosing cryptocurrencies, try to consider each one’s use case as well as how it fits into the market and which projects it is competing with.
Where can I buy cryptocurrency?
If you know which cryptocurrencies you want to buy, then the next step is to find a broker that can give you access to the market. There are plenty of options here, but we recommend eToro for most users, as its a highly approachable platform with competitive fees and plenty of information resources.
What is the most promising crypto of 2023?
XRP and Ethereum tie as the most promising cryptos of 2023. Ripple is expected to cash in the SEC vs XRP case verdict, while ETH is expected to cash in The Merge.
What is the best crypto coin to invest in the short term?
Meme coins like Shiba Inu and ApeCoin are perfect short-term investments, especially during market recovery, because their value is mostly driven by hype and market performance.