What are alternative digital currencies similar to Bitcoin?

Bitcoin might be the most popular digital currency in today’s online market, but there are over thousands of altcoins ready to take its throne. Are you wondering who will be the next big cryptocurrency? Let’s take a look at a shortlist of some viable cryptocurrencies that might be good for your portfolio.

At the time of writing, we can mention these cryptocurrencies with the largest capitalization:

  • Ethereum (ETH) — $26 639 434 668

ETH or Ether is a cryptocurrency designed as a payment method for the Ethereum network. Its main purpose is to facilitate the operating of ‘smart contracts’ without any possibility of downtime, fraud, or third party interference.

  • Tether (USDT) — $9 178 801 568

Tether was initially backed by equivalent reserves, and now these tokens are fully backed by Tether’s reserves. The idea behind Tether was to create a stable cryptocurrency that can be used like digital dollars, or “stablecoins.” USDT is used as a way to hedge against crypto market volatility due to its stability.

  • Ripple (XRP) — $8 714 154 387

XRP is a part of a global settlement network that offers instant, certain and low-cost international payments. Thanks to Ripple revolutionary blockchain tech, this cryptocurrency has gained positive reputation in the market and is used actively for cross-border payments due to fast transaction speed.

In conclusion: where is the best place to buy cryptocurrencies?

We hope that by now, you got a good idea of some of the biggest cryptocurrencies that stand out in 2020. 

If you are ready for purchasing cryptos, you should try Quantum.uk. BTC, ETH and USDT are available here for a purchase. After registration, you’ll be able to buy digital assets in a matter of minutes. We have no hidden fees for cryptocurrency purchase. A fee is already included in the total amount.

So, try Quantum.uk by yourself, make your first purchase and enjoy everything we have to offer.