Learn how to invest in cryptocurrencies with as little as $10
Cryptocurrency exchanges have become a central pillar of the financial system in the last few years. Quite expected that millions of people are now involved in crypto, and the numbers are growing by the day. This is most evident in the fact that crypto is currently a $2 trillion market and had hit $3 trillion at its peak in 2021.
This is not a surprise, though, given the massive gains that cryptocurrencies have given investors over the past decade. The only problem? You never know when the bubble will burst, and you lose a considerable portion of your investment.
You don't have to worry, though. In this guide, we simplify the process of becoming a cryptocurrency investor and show you how to get started with as low as $10.
Best Cryptocurrencies Under $10
Crypto is not for faint hearts. The cryptocurrency market is highly volatile, and double-digit price moves are quite common. It's this volatility that makes it extremely difficult for many to find the right cryptos without overexposing themselves to the market.
This can be a strategic blunder for beginners and investors who do not have a lot to spend. The best way for a beginner to get involved in crypto is to start small, with as little as $10. While this may sound too little, here are some high-potential cryptocurrencies under $10.
- Cardano (ADA) – One of the best cryptocurrencies under $10
- Polygon (MATIC) – A fast-growing Ethereum layer-2 scaling solution
- Shiba Inu (SHIB) – The popular meme coin is making technical strides
- Decentraland (MANA) – The high-flying Metaverse platform is a good scoop under $10
- Sandbox (SAND) – Popular play-to-earn games is awesome at under $10
- Loopring (LRC) – A good investment while it's still under $10
Even as you consider these cryptocurrencies, remember that cryptos are risky investments, and you can lose all your money.
The most popular cryptocurrency in the market is Bitcoin, and for a good reason. It was the first successful cryptocurrency, the most decentralized, and also the most adopted. However, due to its popularity and low coin supply, Bitcoin does not come cheap and is currently trading at $47,500 per coin.
While Bitcoin's price is quite steep, it need not discourage you from investing in crypto. There are tons of cryptocurrencies that go for a tiny fraction of Bitcoin's price and hold lots of potential. Below are some of the best cryptocurrencies to buy at under $10.
What Are Best Cryptos Under $10
1. Cardano (ADA) has a bright future in the platform blockchain space. Cardano uses a revolutionary Proof-of-Stake algorithm that solves the problems of security, scalability, and decentralization. While it is still trading at just $1.20, Cardano is an excellent cryptocurrency you can invest in for as low as $10.
Don't Miss: 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. Polygon (MATIC) is one of the cryptocurrencies expected to benefit the most from the upcoming shift to Ethereum 2.0. Being one of the largest Ethereum layer-2 scaling solutions in the market, Polygon is set to benefit from the transition that Ethereum is making. It is undoubtedly a steal at under $2.
Check Out: Polygon (MATIC) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Shiba Inu (SHIB) shot to popularity in 2021 and continues to be one of the most popular meme coins in the market today. As bulls regain control of the market again, Shiba Inu could be good crypto to buy now. At $0.00002736, one can buy lots of SHIB tokens with just $10.
Don't Miss: Shiba Inu (SHIB) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
4. Decentraland (MANA) is one of the most popular Metaverse platforms in the market today. With the Metaverse on an exponential growth path, Decentraland will likely gain traction. That's because it is one of the decentralized Metaverse platforms in the market. The Metaverse is meant to be decentralized to thrive, which means Decentraland is likely to draw in developers over time. This makes it a perfect cryptocurrency to buy with just $10 now that it is trading at just $2.69.
Read Also: Decentraland (MANA) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
5. Sandbox (SAND) has a lot going for it. As such, even when it is trading at $3.50, SAND is a worthy investment for someone looking to commit $10 in the market. One thing that gives Sandbox so much potential is its growing partnerships. It recently inked a deal with Warner Music for virtual concerts in its Metaverse. On top of that, Sandbox's play-to-earn gaming ecosystem is growing pretty fast. It's a crypto with so much potential and could transform a $10 investment into a sizable portfolio in the future.
Check Out: The Sandbox (SAND) Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
6. Loopring (LRC) is another Ethereum layer-2 scaling solution set to grow in popularity thanks to the complete Ethereum transition to Eth 2.0. At a price of just $1.27, Loopring has a lot of potential if you are looking to put in $10 in the crypto market.
Read Also: Loopring (LCR) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Best Places To Buy Top Cryptos Under $10
1. eToro is an exchange platform that has become one of the most popular and beloved cryptocurrency trading sites in recent times. It offers users a friendly interface, making it perfect for beginners and experienced traders who can take advantage of its various tools to perfect their trading moves.
eToro is a great way to get started investing. Besides its easy-to-use interface, eToro has a copy trading feature. With the copy trading feature, you can follow the moves of more experienced traders, and minimize the risk of loss. Speaking of loss, eToro is regulated so you are sure that your capital is safe.
eToro also has multiple cryptocurrencies listed making it perfect when investing $10 in the market.
While you move to start trading on eToro, remember cryptocurrencies are risky investments, and you can lose your capital.
2. Coinbase is a great place to get started if you're new to trading. Coinbase offers many advantages to both beginner and pro-traders. They include an easy-to-use platform, highly advanced security features, and the safety of being regulated in the US. The biggest drawback to Coinbase is that its fees are relatively high compared to many other exchanges.
A remainder – cryptocurrencies are risky, and there is a risk of total loss.
3. Binance is the world's largest cryptocurrency exchange by volume, and offers traders access to over 1000 altcoins. It's an ideal place for traders who want to buy the best cryptocurrencies under $10 - with low fees. The only downside to Binance is its complexity. A beginner trader may find it difficult to successfully navigate the platform and trade.
Again, remember that cryptocurrencies carry risk, and you could lose all your invested capital.
How To Buy The Best Cryptocurrencies Under $10
Based on the above analysis of crypto exchanges, we believe eToro is the perfect cryptocurrency exchange to buy top cryptocurrencies under $10. Follow the steps below, and you can get started in your journey to investing through eToro.
Step 1 – Open an eToro account
Creating an account with eToro is pretty easy. All you need to do is visit their homepage and click login. If you don't already have an account, click on signup. You will be prompted to fill up a form that shouldn't take more than a minute of your time. All that's required on their end is your name and email address.
You can also opt to sign up with Facebook, and eToro will use the details you already have on Facebook to create an account for you.
For those who already hold an account with eToro, step 2 is unnecessary.
Step 2 – Fund your account
Once you create an account with eToro, you will be prompted to deposit funds. This shouldn't be a problem since eToro allows you to deposit as low as $10. While eToro primarily uses the USD, the exchange also accepts 14 other fiat currencies, including the Euro and the Sterling Pound.
Funding your account is easy, too. Choose from various options to get started, including Credit/Debit cards, Skrill, PayPal, Neteller, and a host of other e-wallets.
Step 3 – Find cryptos under $10
After making your deposit, you are now ready to start investing. eToro has multiple cryptocurrencies to choose from, so it's to find high potential altcoins to buy. Use the eToro search bar, and find any of the cryptos we have listed under best cryptos under $10 and get started. The "Trade" button that comes after you click on a crypto is what you should use to start trading.
Step 4 – Buy the coin of your choice
Up to this point, you are close to successfully making your trade. eToro will then ask you for more details, such as the number of coins you wish to buy and the payment method you wish to use. Enter the information as asked, push the "Open Trade" button, and voila, you are now invested in crypto.
However, always keep in mind that cryptocurrencies are volatile and carry an elevated level of risk.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Best Exchange To Invest In Top Cryptos Under $10
The eToro platform is a great place to invest in top cryptocurrencies under $10 because they have an easy-to-use interface, which beginner traders need when starting out. They also have a social trading feature, allowing beginner traders to get helpful investment tips from more experienced traders.
eToro is also very safe. It's regulated by multiple regulatory bodies, including Financial Conduct Authority and Australian Securities & Investment Commission. This means you can be confident that you will never be scammed of your capital.
eToro provides many opportunities for traders to learn from each other's successes and failures. For instance, CopyTrader allows beginners access to highly successful portfolios and lowers their risk of loss. For more experienced traders, this tool helps them sharpen their trading capabilities and maximize profits.
Conclusion
The future looks bright for those who invest in cryptocurrency. The market has been steadily growing, and there's no doubt that it will continue to grow exponentially into the next decade, achieving greatness with each passing year. The growing levels of adoption is a positive indicator of where cryptocurrencies are going.
Now might be your chance if you want to get in on the action. You don't need thousands of dollars to get started in crypto. There are many altcoins you can buy for under $10, including Cardano, our top pick so far this year. It has strong fundamentals, and as adoption grows, so will its value.
Besides Cardano, there are many other cryptocurrencies under $10 you can buy on eToro. You just need to follow the steps we described earlier, and you are good to go. eToro is such an easy-to-navigate platform that it shouldn't take you long to get started as a trader.
eToro – Buy Cryptos Under $10
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
7 Promising And Cheap Cryptocurrencies To Invest In
Top 10 Most Important Cryptocurrencies Other Than Bitcoin