Bitcoin’s price has grown a lot. However, many Bitcoin alternatives have also seen a boost. Which ones are the most popular alternatives?
It’s been an incredible week for crypto. Many Bitcoin alternatives have outperformed Bitcoin.
What's in this article?
- Ticker: ETH
- Coins in circulation: 96 million
- Use: Building and deploying decentralised applications
Currently valued at $19 billion, Ethereum is by far the most popular Bitcoin alternative. However, it’s much more than just a simple cryptocurrency.
Ethereum will power many “fair” applications of the future.
Ripple XRP — The Enterprise, Banking Crypto
- Ticker: XRP
- Coins in circulation: 100 billion
- Usage: Fast, international transfers for banks
XRP is very cheap to buy. It is a very popular Bitcoin alternative. Big banks and finance companies use it for international payments.
XRP is the cryptocurrency used by the Ripple network. It aims to be blisteringly fast, cost-effective and utilised by some of the largest financial companies in the world.
Bitcoin Cash — The literal Alternative to Bitcoin
- Ticker: BCH
- Coins in circulation: 18 million
- Usage: Bitcoin, but faster
Bitcoin cash is a spinoff of the software used to make Bitcoin, a direct spin-off. The idea behind Bitcoin cash is to make the network more efficient; we all know how slow regular Bitcoin is …
Bitcoin Cash aims to enable new economies with low-cost transactions. It also caters for big business and permissionless spending.
It’s exceedingly stable, secure and straightforward to use–making it all great way to store value.
There are several Bitcoin alternatives available to buy. If they’re famous, it’s probably for a good reason. Hit up Coinbase, and get some free Bitcoin after signing up.
I’ll be adding more Bitcoin alternatives here soon, but for the time being, leave a comment. I’d love to hear about your favourite cryptocurrencies, places to buy them and other bitcoin alternatives!