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8 Best Crypto to Buy for Online Transactions in 2022

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8 Best Crypto to Buy for Online Transactions in 2022 Blockchain CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption
8 Best Crypto to Buy for Online Transactions in 2022

The use of cryptocurrency to perform online business transactions has become very popular in 2022. But traders often wonder which is the best crypto to buy for seamless transactions.

There are over a million out there when talking about cryptocurrencies; many have high value, while others don’t — their value trembles. Since the early 2000s, when cryptocurrency emerged, the dream was to make a decentralised token.

Moreover, individuals can use the currency for their standard procedures, but things have been quite different. As a volatile market, most available cryptocurrencies have struggled to live and meet their initial purpose.

Some cryptocurrency tokens tend to have a short life span, with the market not being favourable. For this reason, using them or investing in them for transactions may seem like a futile endeavour.

Furthermore, as said earlier, the crypto market is a volatile one. A token that once had a very high value may be worthless in the next minute; for this reason, the best crypto to buy tends to be less volatile than its counterparts.

When it is said that the crypto market is volatile, this does not mean that all crypto coins and tokens are explosive to the same degree. This concept implies a usual fluctuation in the value of each, but this is not evident to the same degree.

This article focuses on the best crypto to buy for online transactions in 2022. The following section will explore some of the favourite cryptocurrencies whose values are less volatile to a certain degree. Remember, careful consideration must be done before making a move at the cryptocurrencies forthwith.

8 Best Crypto to Buy In 2022

The search for the best crypto to buy for online procedures is over. Instead, this section throws light on the best crypto with less price volatility and easy access, ensuring good value for your money and investment.

1. Bitcoin

Bitcoin is often referred to as the mother of cryptocurrency as it is the first cryptocurrency that emerged in the blockchain network. The growth of Bitcoin in the cryptocurrency has been a remarkable one.

Its prices started from being less than a penny in 2009 to over $50k in 2021, and now in 2022, it is worth about $30k. The above illustration is an example of how volatile the crypto market is.

For Bitcoin, its price variation has been tremendous over the years. And if one were to make a transaction during this period, one would either be on the losing side or the winning side.

Due to Bitcoin’s popularity, many financial institutions have made it mandatory that bitcoin be used as a substitute for cash. Notwithstanding its volatility in the market, Bitcoin is the best crypto to buy for payment procedures, according to experts.

2. Ethereum

When one thinks of intelligent contracts, one thinks of Ethereum. The notion of a wise contract gave Ethereum its popularity, with developers creating decentralised mobile and desktop applications that run smart contracts in the blockchain.

With Ethereum’s popularity, its price has grown from $1.25 in August 2015 to its current price of $2k in May 2022. The price difference from its inception is significant, similar to that of Bitcoin.

Ethereum has shown the world that market prices do not affect it; this is because of the optimisation of smart contracts, which has made other cryptocurrencies be founded on the Ethereum blockchain. And as such, it has been used by many as a means to perform online payments. So Ethereum is the best crypto to buy for fast processes.

3. Binance

Binance, also popularly known as BNB, developed by Changpeng Zhao, has gained popularity because of its utilisation in trading and performing blockchain processes.

This cryptocurrency is one of the most traded cryptocurrencies globally. With its platform, mobile and web are created for users to safely and securely blockchain processes and investments.
Binance is among the best cryptos to buy because of its ease of access and multifunctionality.

4. Litecoin

Litecoin is known as an altcoin or token; it is one of the cryptocurrencies that emerged after Bitcoin.

This token is known to make use of Bitcoin’s source code. As an alternative to Bitcoin, it is faster in transactions on the blockchain. Its price hovers around the $70 mark, and its market capitalisation is over $5B.

5. Monero

Monero is a decentralised cryptocurrency that has been in existence since 2014. It has been used as a payment option for several platforms, having a considerable reputation on the darknet.

Its use has been widespread, its price starting at $1 and then reaching an all-time high of over $500 in May of 2021.

Moreover, its price as of May 2022 hovers around $200. Monero’s market capitalisation hovers at approximately 3 billion dollars, making it one of the best crypto to buy as market volatility does not affect it.

6. Solana

Solana is a centralised digital token, mostly preferred for low transaction fees. As a result, NFT developers mostly use it. Its market capitalisation is over 17 billion dollars, and its price is a little over $50.

7. Polygon (Matic)

Polygon, formerly known as Matic, is a decentralised cryptocurrency on the Ethereum Blockchain.

It is also popular with NFT developers because of its low fees. Moreover, polygon’s market capitalisation is just over 5 billion dollars, and its price is about $0.6. Therefore, it is one of the best cryptos to buy for payment processes if one is looking for a low fee network.

8. Ripple

Ripple is a native cryptocurrency; it is digital based and prides itself on low energy consumption and fast confirmation time.

This digital-based cryptocurrency has a market capitalisation of just over 20 billion dollars, and its price falls in the range of $0.4. As a result, ripple is the cheapest and best crypto to buy on this list, and it serves as one of the best for payment and withdrawal procedures in 2022.

Source: Plato Data Intelligence: PlatoData.io

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