Queconomics Guide to your economic growth
Table of Contents
Queconomics – In this digital era, one of the most significant innovations is day trading crypto. Over the years, cryptocurrencies have gained immense popularity.
It now becomes viral since it gives tremendous advantages for traders. If you are confused about what kind of cryptocurrencies are best for day trading, here are some recommendations for you.
USDT (Tether)
It is considered one of the best options as it is priced at $1. There are many reasons behind this. Traders are attracted to it because its trading volume is one of the highest 24-hour. No doubt that it is so essential for the cryptocurrency market.
More traders are inclined towards it since it has a high trading volume. But nothing is perfect in this world. While there has always been a strong belief that its price will not be below $1, it has recently fallen. However, it becomes a stable coin without many eye-catching fluctuations.
ETH (Ethereum)
Ethereum is the most popular cryptocurrency today after bitcoin. The thing that makes it popular is because it is not only a cryptocurrency, but it acts as a blockchain platform.
You can create new tokens with this platform and develop centralized applications. Now, it is listed on most exchanges. ETH is priced at $3850.
BNB (Binance Coin)
A few years ago, a cryptocurrency was released by one of the most reputable exchanges, and it was Binance coin. The trader’s trust comes naturally when they see leading exchanges release it.
The reason why many traders choose the binance coin is that it has growing demand. Starting day trading crypto with this currency is an ideal choice since it is priced at $560.
TRX (Tron)
TRX has caught everyone’s attention all over the world for the development related to it. This currency has high volatility, which makes it one of the most preferred cryptocurrencies for day trading.
Tron was made initially as a platform to remove all boundaries on the web. And it will be a reward for every exchanged content. TRX is overgrowing as a cryptocurrency since it has a valuable idea.
EOS
The price of EOS has reached highs several times. This highlights the high level of volatility. Therefore, worth to be mentioned is this volatility can be used to make high profits.
Another advantage is that it has an active team available in most exchanges worldwide that gives support. This makes it more popular and easier to be traded.
There are still a lot of cryptocurrencies that can be chosen to trade. After understanding them, you can go further and start your successful journey in day trading crypto.