List of all bitcoins

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Here are the largest cryptocurrencies by the total dollar value of the coins in existence, that is, the market capitalization, or market cap. Data is from CoinMarketCap. As the harbinger of the cryptocurrency era, Bitcoin is still the coin people generally reference when they talk about digital currency. The system allows you to use ether the currency to perform a number of functions, but the smart contract aspect of Ethereum helps make it a popular currency.

Tether often acts as a medium when traders move from one cryptocurrency to another. Rather than move back to dollars, they use Tether. BNB is the cryptocurrency issued by Binance , among the largest crypto exchanges in the world. While originally created as a token to pay for discounted trades, Binance Coin can now be used for payments as well as purchasing various goods and services.

Like Tether, USD Coin is a stablecoin pegged to the dollar, meaning that its value should not fluctuate. Formerly known as Ripple and created in , XRP offers a way to pay in many different real-world currencies. Ripple can be useful in cross-border transactions and uses a trust-less mechanism to facilitate payments. Binance USD is a dollar-backed stablecoin from top crypto exchange Binance in partnership with Paxos.

BUSD runs on top of the Ethereum blockchain. Cardano is the cryptocurrency platform behind ada, the name of the currency. Created by the co-founder of Ethereum, Cardano also uses smart contracts, enabling identity management.

Originally created as a joke after the run-up in Bitcoin, Dogecoin takes its name from an internet meme featuring a Shiba Inu dog. Unlike many digital currencies limiting the number of coins in existence, Dogecoin has unlimited issuance. It can be used for payments or sending money. Polygon is a cryptocurrency that focuses on being accessible to those creating digital apps and scales up the Ethereum cryptocurrency.

It was previously known as Matic and was formed in , though switched its name to Polygon in The issuance of the currency, called SOL, is capped at million coins. Launched in May , Polkadot is a digital currency that connects the technology of blockchain from many different cryptocurrencies.

The cryptocurrency market is a Wild West although the U. Crypto assets faced downward pressure for much of and trading has remained volatile at the start of Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.

James Royal. Bankrate principal writer James F. Royal, Ph. Brian Baker. Bankrate reporter Brian Baker covers investing and retirement. He has previous experience as an industry analyst at an investment firm. Baker is passionate about helping people make sense of complicated financial topics so that they can plan for their financial futures.

Brian Beers. Brian Beers is the managing editor for the Wealth team at Bankrate. He oversees editorial coverage of banking, investing, the economy and all things money. Bankrate logo The Bankrate promise. Investing disclosure: The investment information provided in this table is for informational and general educational purposes only and should not be construed as investment or financial advice.

Bankrate logo Editorial integrity. Multiple companies have proposed crypto ETFs, including Fidelity, but regulatory hurdles have slowed the launch of any consumer products. As of June , there are no ETFs available to average investors on the market. You can buy cryptocurrencies through crypto exchanges , such as Coinbase , Kraken or Gemini. In addition, some brokerages, such as WeBull and Robinhood, also allow consumers to buy cryptocurrencies.

Cryptocurrency is an emerging area with more than 19, crypto projects in existence, with very few barriers to entry. Last year, in particular, witnessed a crypto market boom, with thousands of new crypto projects added.

While some crypto function as currencies, others are used to develop infrastructure. For instance, in the case of Ethereum or Solana, developers are building other cryptos on top of these platform currencies, and that creates even more possibilities and cryptos. When we first think of crypto, we usually think of Bitcoin first.

So when we talk about any cryptos outside of Bitcoin, all of those cryptos are considered altcoins. Part of what makes Bitcoin so valuable is its scarcity. Currently, there are 19 million coins in circulation. To create supply, Bitcoin rewards crypto miners with a set Bitcoin amount. To be exact, 6. To keep the process in check, the rewards given for mining Bitcoin are cut in half almost every four years. Cryptocurrencies are rising in importance and not going away anytime soon. While the initial premise of cryptocurrency was to fix the problems with traditional currencies, there are now a whole host of utility cryptocurrencies that have sprung up, thanks to the creation of the blockchain.

Kat Tretina is a freelance writer based in Orlando, FL. She specializes in helping people finance their education and manage debt. Select Region. United States. United Kingdom. Kat Tretina. Fact Checked. Editorial Note: We earn a commission from partner links on Forbes Advisor.

Commissions do not affect our editors' opinions or evaluations. What Are Cryptocurrencies? Featured Partner Offers.

Welcome Offer. Learn More Via eToro's Website. Trading Fees. Learn More On Uphold's Website. There are several other key differences to keep in mind: Trading hours: Stocks are only traded during stock exchange hours, typically am to pm ET, Monday through Friday.

Cryptocurrency markets never close, so you can trade 24 hours a day, seven days a week. Regulation: Stocks are regulated financial products, meaning a governing body verifies their credentials and their finances are matters of public record. By contrast, cryptocurrencies are not regulated investment vehicles, so you may not be aware of the inner dynamics of your crypto or the developers working on it. Volatility: Both stocks and cryptocurrency involve risk; the money you invest can lose value.

Cryptocurrency prices are more speculativeпїЅno one is quite sure of their value yet. Ethereum, for instance, is regarded as the most popular altcoin. Was this article helpful? Share your feedback. Send feedback to the editorial team.

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