What Are The Best Cryptocurrency Pairs to Trade?
Find The Best Cryptocurrencies To Trade
Looking for the best crypto trading pairs out there? Searching for the most valuable cryptocurrencies to trade? Then this article is just for you! Have a look at the top 9 most traded cryptocurrencies and learn more about crypto trading.
But first, let’s answer another question that might be keeping your mind wired at night… “What is crypto trading and why should I start trading cryptocurrency in the first place?”
Well, cryptocurrency trading, defined as the process of buying and selling cryptos or the act of speculating on their prices, is an attractive investment option.
Moreover, if you find valuable cryptocurrency pairs to trade, crypto trading can potentially bring high returns over time. Just look at some of the most successful crypto investors out there!
It’s not only money that motivates crypto traders, though. There are numerous pros of crypto trading that makes people invest in top cryptocurrencies.
For a start - though cryptocurrencies can be highly volatile - the rise of cryptocurrency and blockchain technology in areas far beyond the financial sector is a huge motivator for crypto traders. No surprise some experts believe that cryptocurrency trading volumes and activities will continue to increase despite the ongoing pandemic.
The world of cryptocurrency trading is marked by high liquidity as well, which is another factor that attracts people from all over the globe.
Cryptocurrency trading also gives investors certain independence as there’s no need to rely on banks or other financial institutions. Can you imagine living in a world with completely decentralised financial systems?
And that’s not all! Investing in the best cryptocurrency trading pairs is something that experts value because of the importance of portfolio diversification.
While there are some notorious scams and negative attitudes towards cryptos, crypto trading is an investment niche worth exploring.
You can start trading some of the best crypto pairs with as little as $100. So, do you really need more reasons to start trading cryptocurrencies?
Top 9 Most Valuable Cryptocurrencies To Trade:
- Monero (XMR)
- Ripple (XRP)
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Binance (BNB)
- Basic Attention Token (BAT)
Once you’ve acquired enough knowledge about crypto pairs and trading strategies, you can start trading some of the top cryptocurrencies quickly and easily - simply check out eToro Exchange!
Now when you are familiar with the benefits of cryptocurrency trading, it’s time to learn more about the top cryptos to trade.
It’s not a secret that the world of digital currencies has transformed not only the financial industry but the whole world.
Cryptocurrencies, seen as an alternative to national currencies in times of uncertainties, may even help societies resolve financial crises.
The technology behind cryptos (either blockchain or its alternatives) is also impressive, which enhances the development of more and more coins to trade. Interestingly enough, according to CoinMarketCap, now there are more than 5,000 cryptocurrencies out there.
To help you navigate the impressive world of cryptocurrency trading and find the best cryptocurrency pairs to trade, we present the top 9 most valuable crypto assets to trade. You can go through them at your own pace in order to make an informed decision about the crypto pair you are interested in.
What Are The Top Cryptocurrency Pairs To Trade?
To help cryptocurrency traders and investors decide what crypto pairs to trade, we discuss 9 major cryptocurrencies and their prospects below:
1. Monero (XMR)
Ready to learn more about the top cryptocurrencies to trade? Let’s start with Monero - one of the most interesting and valuable altcoins to trade this year.
Monero was launched in 2014 with a focus on decentralization and privacy. In fact, this crypto is often referred to as the only true privacy coin. Unlike Dash transactions, for instance, Monero transitions cannot be made public. The history of the coins is not known either, so no one can tell the source and destination of transactions.
Because of its potential and unique structure, Monero attracts numerous traders across the globe. Okay, okay, you’re right - privacy coins may attract malicious people. But despite its use in illicit activities, such as trades on the Dark Web, Monero is one of the best cryptos to trade. Monero ranks No. 23 on CoinMarketCap, with a market cap of $4,172,296,833.
2. Ripple (XRP)
Ripple is another revolutionary and valuable crypto to trade. To be more precise, Ripple is one of the oldest cryptocurrency projects, with Ripple’s XRP token being among the largest coins by market cap.
Ripple’s on-demand liquidity allows XRP to be sent directly and fast in order to exchange two different global currencies. In fact, Ripple was designed initially to facilitate bank transactions at low costs.
Though its leading adopters are mainly large financial institutions that move money around the globe, peer-to-peer transactions are also possible, with many investors with small accounts being attracted by the token’s low price ($0.47 at the time of writing).
Are you interested in trading Ripple?
If you are looking for stellar cryptos to trade, put Stellar on your list. Stellar is one of the most promising cryptocurrency investment options in 2021, according to CoinMarketCap.
Originally based on Ripple Labs protocol, Stellar’s main purpose was to facilitate transactions across borders. Note that Stellar’s native crypto is Lumen (XLM). Lumens aren’t mined as the system doesn’t use proof-of-work.
Unlike Ripple, Stellar focuses not only on big financial organisations but individual clients. And guess what? Each transaction costs only 0.00001 XLM.
Given that the platform facilitates transactions across borders and connects payment systems and crypto traders, it’s no surprise that many traders still claim that this is one of the top cryptos to trade now.
4. Bitcoin (BTC)
Perhaps you are not surprised to see Bitcoin on our list. More than a decade since it was launched, Bitcoin is still one of the most influential cryptocurrencies across the globe.
As a matter of fact, Bitcoin - one of the top cryptos to trade with a large market cap and trading volume - is often referred to as the king of cryptocurrencies.
As Bitcoin is marked by high liquidity, trading BTC is a great option even for beginners. Despite the ongoing pandemic, according to top experts, investing in Bitcoin is still one of the best cryptocurrency trading options.
On top of that, as bitcoins are capped, they are highly tempting. Note that only 21 million bitcoins can ever exist. There are more than 18,657,175 BTC already mined, and more than 900 BTC being mined per day. Though these numbers change every 10 minutes when new blocks are added, it’s expected that the last bitcoin will be mined around 2140.
There’s plenty of time to invest in Bitcoin, so do not hesitate to add this top coin to your trading portfolio!
Are you interested in trading Bitcoin?
5. Ethereum (ETH)
Perhaps you are not surprised to see Ethereum on our list. Ethereum is the second-largest blockchain platform by market cap after Bitcoin, which makes it one of the top list cryptocurrencies to trade. Unlike Bitcoin, there’s no upper limit supply on Ethereum’s ether, which attracts numerous investors across the globe.
We should note that in 2016, Ethereum was divided into Ethereum (ETH coin) and Ethereum Classic (ETC coin), so always make sure you know the abbreviation of the coin you want to trade.
The good news is that Ethereum has numerous applications beyond crypto trading. Ethereum supports smart contracts and allows developers to create decentralised apps, which can support commodities trading, businesses, voting, gaming, and interoperability in sciences.
No wonder that the hype around Ethereum is still impressive. In fact, one of the most important and anticipated events is the launch of Ethereum 2.0, which will focus on staking instead of mining. This event can even ensure higher levels of transparency and safety and can attract more crypto traders to invest in Ethereum in 2021 and the years to come.
Are you interested in trading Ethereum?
EOS is another valuable cryptocurrency to trade that can help traders increase their wealth over time. Note that EOS is powered by the EOS.IO blockchain protocol, which similarly to Ethereum allows users to create smart contracts and decentralised applications. To be more precise, EOS.IO was initially created to solve the speed and scalability issues in Ethereum and Bitcoin.
Because of its innovative technology, in 2017, the EOS initial coin offering reached a new record in the world of cryptocurrency and raised more than $4 billion. Now EOS keeps attracting numerous traders from all over the globe.
If you are wondering which coin is a better trading option, read our complete guide Is EOS Better Than Ethereum? to help you decide if you should trade EOS or not.
Are you interested in trading EOS?
7. Litecoin (LTC)
Despite all the virtual currencies and crypto projects out there, we have to admit that Litecoin is still one of the best cryptos to trade. Litecoin remains a safe crypto trade, one of the top 20 largest cryptocurrencies by market cap.
Here we should note that Litecoin is one of the first altcoins or alternatives to Bitcoin; the platform was created in 2011 and still, it continues to grow. Interestingly enough, Litecoin has a supply limit of 84 million coins or four times more than Bitcoin.
As Litecoin also has high liquidity rates, experts believe that this cryptocurrency won’t lose its trading value over the next few years. Note that LTC’s price is $201 with a 24-hour trading volume of $3,808,978,850, as per CoinMarketCap. So do not hesitate to add Litecoin to your portfolio.
Are you interested in trading Litecoin?
8. Binance (BNB)
The world of crypto trading is constantly changing, with Binance coin being one of the best coins in the industry. In fact, many traders believe that Binance is a real game-changer as it supports operations on the Binance exchange.
Let’s not forget that Binance is one of the most trusted crypto-to-crypto exchanges across the world, with transactions being done using Binance coins.
This crypto is marked by high liquidity, with many traders buying and selling Binance coins. No surprise Binance is one of the most traded and fastest-growing cryptos! So, do not hesitate to add Binance to your list of top cryptos to trade.
Investing in BNB might even become a profitable venture, especially if you already have experience with other assets like Bitcoin and Ethereum.
Are you interested in trading Binance?
9. Basic Attention Token (BAT)
Though there are various cryptocurrencies expected to explode in 2021, let’s talk about BAT, one of the top cryptos to trade today.
BAT is an ERC-20 token supported by the Brave Browser; its main aim is to solve the problem of online advertising and online content creation.
A problem? Yeah, a big one! It’s not a secret that some mobile ads can lead to poor user experience and battery loss, and as a result, many users often turn to ad-blocking (which is a huge obstacle to businesses). To resolve such issues, BAT can be used to reward users who watch ads and tip online creators.
Because of its potential, BAT has become an attractive investment option, especially for young traders and web creators across the world.
Are you interested in trading BAT?
Five Alternative Cryptocurrencies to Trade
The world of crypto trading is like an expanding universe of tech innovations, financial regulations, and investment opportunities. Thus, it’s hard to keep track of all the coins out there and their applications.
To help you find the top cryptocurrencies to trade, we present five alternatives that have gained momentum and are here to stay.
If you are looking for more valuable coins to trade, put ChainLink on your list. ChainLink is an innovative oracle that aims to bridge the gap between blockchain technology and the real world (including pharmaceutical research, science, and farming) by connecting real-world data to smart contracts.
Given its revolutionary applications, it’s no surprise that ChainLink is attracting more and more traders from all over the globe.
Note that LINK is the crypto native to the ChainLink platform, with a price around $30, ROI of 18884.5% since its launch and is ranked #10 by market cap.
VeChain is another valuable coin to trade, which - despite its ups and downs - has strong community support.
Originally a fork of the Ethereum blockchain, VeChain has developed its unique applications, with a focus on supply chains, product management, and the Internet of Things.
One of the most attractive aspects is that this platform ensures transparency of economic data. As a result, big companies like Mastercard often work in partnership with VeChain.
Note that the platform offers two tokens: VeChain Token (VET) used for payments and VeChainThor Energy (VTHO) used to run smart contracts on the Thor blockchain.
Cardano is another cryptocurrency worth investing in in 2021. Since its launch in 2017, this blockchain platform and its crypto ADA have gained high popularity. Just like Ethereum, the platform enables apps and smart contracts and uses proof of stake.
Described as “a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change”, Cardano aims to make the world of cryptocurrency more and more decentralised.
With different exchanges offering ADA, it won’t be hard to start trading Cardano today.
In today’s crypto trading world pushing for new cryptocurrencies and investment options, NEO is one of the most valuable cryptos to trade.
Often referred to as China’s Ethereum, the platform uses proof of stake and allows users to develop apps and contracts on the blockchain. The best part is that the platform keeps developing, which attracts more and more traders.
Last but not least, let’s talk about Tether (USDT) - one of the most interesting stablecoins to trade. Note that stablecoins are designed not to be volatile and one Tether coin is nearly equal to one US dollar.
The main reason Tether was created was to help big companies speed up transactions and move money around the globe. Though the US dollar is a leading fiat currency, US exchanges may involve a lot of time and regulatory complications, so Tether has simply become more beneficial.
And it's the security that makes Tether one of the best cryptos to trade, currently one of the coins with the highest volume to trade, of $105,932,564,211, and a market cap of $38,902,590,366.
The coins presented above are among the best cryptos to trade.
That said, this is only the tip of the iceberg; there are many more valuable cryptocurrencies to trade, and many more undervalued coins you should be watching.
Cryptocurrency Pairs to Trade
Now when you have a better understanding of the crypto market, it’s time to choose a pair. While there is a wide variety of cryptocurrencies to trade, let’s not forget that in the world of trading, we always trade pairs.
Whether you decide to trade crypto-to-fiat or crypto-cross pairs, you should explore the potential of each coin for making short- and long-term returns.
Note that the current rate of a cryptocurrency is not the only indicator to consider. Simply because these indexes are highly volatile!
It’s important to know that trading volume and liquidity are two of the factors that also affect the popularity of any crypto pair. Therefore, crypto traders should assess different market factors and data patterns, including market capitalisation.
Here we should mention that high market capitalisation means a high amount of coins in circulation. When it comes to liquidity, top coins like Ethereum and Bitcoin have some of the highest liquidity rates, which shows actual demand.
In fact, Bitcoin, Ethereum, Litecoin, and Tether are among the top base currencies to consider when choosing a crypto trading pair - a fact magnified by the high demand for these currencies. As a result, some of the most popular crypto pairs to trade across different exchanges are BTC/ETH, USDT/BTC, ETH/LTC, LTC/USDT, and BTC/LTC.
To decide on a crypto pair, one has to understand not only its profitability regarding other assets, but its development over the years. To provide an example, while Bitcoin Cash and Ripple were among the best base currencies to trade in 2018, in 2019 it was EOS and Binance Coin that had the highest trading volumes.
Wondering about the best cryptocurrency pairs to trade in 2021? Well, despite the global problems across the world, cryptocurrency trading keeps expanding, with USDT/BTC, EOS/USDT, EOS/LTC, EOS/BTC USDT/XRP, and USDT/ETH being among the top trading pairs with high trading volumes.
How Can I Start Trading Cryptocurrency Pairs?
The decentralised nature of the world of cryptocurrency attracts many traders interested in different crypto pairs. As explained earlier, crypto trading can eventually offer big returns and is a great way to diversify one’s portfolio.
On top of that, the use of cryptocurrencies eliminates administrative inconveniencies, high fees, and slow processing times - issues associated with traditional banking and fiat currencies. In other words, cryptocurrencies bypass the middleman and give traders certain independence.
Oh, and let’s not forget that the crypto market is open 24/7, so traders can be flexible and trade cryptos either full- or part-time.
Before you decide on a cryptocurrency pair to trade, though, you should invest enough time and resources in trading education, analysis, successful trading strategies, and emotional self-control. In fact, trading psychology plays a crucial role in your success when trading popular crypto pairs or undervalued coins.
To trade top cryptocurrency pairs, one has to be aware of all the political and economic changes, too, so always make sure you are up-to-date with the latest crypto news and announcements.
So, if you are interested in trading top crypto pairs, we at Trading Education can help you get started and become a real crypto trader.
eToro – Best Cryptocurrency Platform To Trade
Now you know how to find the top crypto pairs to trade. If you're feeling inspired to start cryptocurrency trading, or this article has been of some extra help to your existing trading knowledge, you may be pleased to know that eToro gives you the chance to trade crypto assets and CFDs on up to 90+ cryptocurrencies. Crypto traders using eToro’s services can build a diversified portfolio and start trading the most popular coins out there today.
- Cryptocurrency trading is increasing in popularity because it offers high liquidity and independence from traditional banking.
- Bitcoin, the king of cryptocurrencies, is the first virtual coin to offer an alternative to traditional banking and money transfers.
- Other major cryptos to trade include Ethereum, Monero, Stellar, EOS, Binance, BAT, Litecoin, and Ripple.
- Any crypto trader should consider diversifying their portfolio by choosing alternative virtual coins, such as NEO, Tether, and Cardano.
- Note that blockchain technology has numerous applications far beyond trading. Blockchain-based platforms, for instance, may enable the use of smart contracts and decentralised apps to facilitate asset ownership and transparency.
- While there are different cryptocurrencies to choose from, crypto trading requires a lot of knowledge and practice to create a successful trading strategy.
- Do your research before you choose a cryptocurrency pair to trade. Always consider risks and analyse factors, such as price indexes, market cap, and liquidity.
- Last but not least, keep track of the market news and global trade to gain a broad understanding of the world of finance.
Are you ready to start trading cryptocurrency? Which of the top nine cryptocurrencies would you choose to trade? Which crypto pair would you invest in? Will you consider trading alternative cryptos?
Which is the fastest growing crypto?
Though the crypto world is full of innovations and new crypto projects, such as BAND and COMP, one of the fastest growing top cryptos is perhaps Tether. Being almost equal to one dollar, Tether provides stability and attracts more and more traders, which increases its trading volume and liquidity.
Which crypto has the brightest future?
The world of cryptocurrency and blockchain technology is here to stay, with Bitcoin and Ethereum being among the cryptos with the highest potential. That said, because of its unique features that support smart contracts and decentralised apps, Ethereum is perhaps the crypto with the brightest future with tech innovations.
What cryptocurrencies will rise in 2021?
Even though the crypto trading world is marked by high volatility and changes, experts believe that some of the top cryptos that will rise in 2021 along with Bitcoin and Ethereum are Litecoin, Bitcoin Cash, TRON, Ripple, Cardano, Tezos, IOTA, and Zcash.
How to trade crypto pairs successfully?
While fundamental and technical analysis play a crucial role in crypto trading success, to trade crypto pairs successfully one has to invest in trading education, practice, and discipline. Experts advise to diversify your investments to reduce risks and to trade only what you can afford to lose.
Always do your research and learn to spot scams. Look at the long picture when you have medium and long-term holds, and set stop losses for your short-term holds – always paying close attention to Bitcoin. Never invest out of fear of missing out or greed, and don’t let mistakes and losses discourage you on your way to success.
What are the most trusted exchanges out there?
To buy and sell cryptos successfully, make sure to choose a safe and trusted exchange and pay attention to ticker symbols. That said, eToro’s exchange is one of the safest exchanges that allow traders to buy, store, and sell cryptos, with more than 90 cryptocurrencies available on the platform. Note that eToro is known for being an advanced social trading platform that is suitable also for beginners; a platform that allows traders to speculate on prices and trade CFDs as well.