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September 18, 2021

The modern world, with the passage of time is leaning upon the digital currencies for a wide range of facilities. Amid the currencies, we must say the popularity of Bitcoin has gone far beyond.

But, do you know apart from Bitcoin there are many more crypto currencies available for you to enable you to do a lot of things?

In case you have never heard of those currencies or heard perfunctorily, then this is the write up you should check to explore some more mind-blowing digital currencies.

10 most important cryptocurrencies other than Bitcoin

Below we will be presenting you with 10 other crypto currencies, which are already influential and will be more in near future. We have listed them maintaining the serial of their current market value. 

Here we go!   

Ethereum 

A tough competitor of Bitcoin with a handsome market price, flexibility and security that is now considered the world's second most influential cryptocurrency. Just like bitcoin it is also a software platform based on blockchain. 

Value of Ethereum to USD: 3,376.44

Bitcoin Cash 

To resolve the limitations of Bitcoin like transaction processing time, the emergence of Bitcoin Cash happened.    

There are some other issues, which already have caused rifts between factions within the bitcoin developing and mining communities. 

Being worried about the future, the existing bitcoin miners and developers came out with BCH. When the bitcoin blocks are limited to 1 MB only, BCH blocks are up to 32 MB. 

Value of Bitcoin Cash to USD: 632.51

Binance Coin (BNB)

Although it had been a part of the Ethereum network, it is now the native currency of Binance. With a market value of $46 billion+, the crypto secures a forwarding rank in the race of the digital currencies.

Until the onset of July, 2021 there were 200 million BNB tokens available in the world. Until the same period of time, it had been one of the largest crypto currency exchanges globally that supports over 1.4 million transactions per second. 

Value of BNB to USD: 406.29 

Litecoin (LTC)

A peer-to-peer Internet currency with an open source global payment network that you can send in an instant to all the parts of the world spending almost no penny. 

Mathematics secures the network and empowers you to control your own finances. The crypto features improved storage efficiency and a faster transaction confirmation timing than the leading math-based counterparts.

Value of Litecoin to USD: 183.57

Polkadot (DOT)

DOT, the native token of Polkadot network enabling you to make secure payments for the -

  • governance of the network
  • stake for the operation of the network
  • bond to connect a chain to Polkadot as a parachain

Again, being a transferrable token, DOT allows you to meet your ancillary functions. For instance, you can send the stored DOT to the team working on relevant projects for the Polkadot network.

Value of Polkadot to USD: 34.74

Tezos (XTZ)

Not mining-based rather than a proof-of-stake based crypto currency. You will be amazed to learn that two user-friendly features of Bitcoin and Ethereum are assimilated in it: 

  • First of all, it is a decentralized ledger that uses blockchain technology just like Bitcoin and Ethereum. 
  • In addition, the currencies are designed to make use of smart contracts just like Ethereum. 

Value of XTZ to USD: 6.10

EOS (EOS)

It is a blockchain decentralized system infrastructure enabling you to have 

  • secure access and authentication
  • permission,data hosting, usage management
  • communication between the dApps and the Internet

The ecosystem of EOS features two key elements: 

  • IO
  • EOS tokens

The EOS.IO is the system architecture while the EOS token is the network's cryptocurrency.

Value of EOS to USD: 5.23

Ripple

Popularly and shortly known as XRP that is a cryptocurrency developed by the Ripple labs for its own products. The products include

  • remittance systems 
  • asset exchange 
  • payment settlement

At present, there are many acknowledged banks in the world, which are adopting the XRP payment system.

The transaction confirmation of XRP is not only time-saving but also significantly cost-effective. But we must say that unlike many other crypto currencies, XRP is way riskier and difficult to find.

Value of XRP to USD: 1.06

USD Tether (ERC20) (USDT)

The most widely integrated digital-to-fiat currency - USDT is another popular crypto currency today that makes your conversion of cash to digital currency easier and quicker. The conversion primarily helps you anchor the value to the price of national currencies such as USD, Euro etc. 

It’s essentially an open blockchain technology based platform promising you to offer a world class security meeting all the international standards and compliance regulations. 

Value of USDT to USD: 1.0004

Stellar

It is an open blockchain network that is purely designed to provide you with enterprise solutions by linking you to the financial institutions to complete large transactions that may take several days. The method involves no intermediaries and costs you little to almost nothing. 

Being an open blockchain, anyone can use it that even allows cross-border transactions among all the currencies. This network requires you to hold Lumens (native currency of Stellar) to make transactions 

Value of Stellar to USD: 0.320554

Final words

To sum up, undoubtedly Bitcoin is a revolutionary digital currency but it is not free from complications. To get rid of those limitations, you may use any of our recommended currencies not quitting Bitcoin as it is still the most influential.

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