Learn more about some of the world’s biggest cryptocurrencies
- Bitcoin (BTC): The first and largest cryptocurrency, Bitcoin paved the way for hundreds of similar currencies and boasts a market cap of over $70 billion. Bitcoin was created by an unknown inventor who uses the pseudonym Satoshi Nakamoto.
- Ethereum (ETHEREUM): The world’s second-largest cryptocurrency, Ethereum is labeled by many as “the next Bitcoin”. Created by Russian programmer Vitalik Buterin, Ethereum has received international recognition and support from giant organisations such as Microsoft and Intel.
- Litecoin (LTC): Designed by former Google engineer, Charles Lee, to improve upon Bitcoin’s technology, Litecoin offers quicker processing times and a larger number of tokens. Litecoin is also the first cryptocurrency to implement SegWit, a method of speeding up transaction times without compromising the underlying blockchain technology.
- Ethereum Classic (ETC): Based on Ethereum’s original blockchain code, Ethereum Classic was created to serve a portion of the Ethereum community who split off in order to create a more decentralised currency.
- Dash (DASH): Developed by software programmer, Evan Duffield, this cryptocurrency’s focus is on instant transactions and on its owners’ privacy. Dash has an infrastructure that enables much faster transactions than other currencies and therefore displays higher liquidity than many of its counterparts.
- XRP by Ripple Labs (XRP): Perhaps the most widely adopted cryptocurrency, XRP was created by American programmer, Jed McCaleb. Ripple Labs enables financial institutions to exchange different currencies, cryptocurrencies and alternative forms of payment like frequent flyer miles. Since it is already in use by many well-known brands, such as Bank of America and UBS, XRP is highly liquid and in constant demand.
- Stellar (XLM): Co-founded by Jed McCaleb, who also started Ripple, Stellar is a platform intended for quick and cost-effective money transfer and exchange. The Stellar currency is called Lumens (or XLM), and is used as a bridging currency on the platform, which is the reason that the price of each token is considerably lower than that of other cryptos.
- NEO (NEO): Often called ‘Chinese Ethereum,’ NEO was the first Chinese-made cryptocurrency. NEO creator Da Hongfei modeled the blockchain network to comply with Chinese regulations, to be easily modified and to have no forking ability - so that it faces less challenges in the Chinese market than other cryptocurrencies.
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*Cryptocurrencies can fluctuate widely in prices and are therefore not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.
