With Bitcoin price rangebound, this may be the best time to buy cryptocurrencies! If you are planning to buy a cryptocurrency and start trading, eBankX is the right place, offering several rewards and benefits in addition to profitable cryptocurrency trading. With 10000+ coins in the cryptocurrency market, it can be overwhelming for a crypto trader to pick the top 5 to add to their portfolio. However, these cryptocurrencies with high market capitalization, volatility, and high ROI are ideal picks for June 2021. To start trading in these cryptocurrencies, sign up today on eBankX.
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1. Bitcoin
Bitcoin is now a popular cryptocurrency, the one that is mainstream enough to be accepted as legal tender in El Salvador. Since this cryptocurrency is based on peer-to-peer technology, no central bank or centralized authority is involved in regulating the currency. What makes it valuable is that its supply is limited to 21 Million, making it an ideal deflationary currency. The limits of availability make Bitcoin an asset, which is why its popularity is unprecedented today. After dropping to $32000 this month, Bitcoin’s price has made a recovery above the $40000 level, and several traders continue to remain profitable holding Bitcoin in the long term. Buy Bitcoin and start trading on eBankX today.
2. Ethereum
Ethereum is a comprehensive smart contract platform enabling developers to build varied kinds of tokens and decentralized applications for varied uses. ETH is also popular as the cryptocurrency that is most likely to flip Bitcoin. Though its high network fees have given way to several Layer 2 scaling solutions like MATIC, ETH continues to remain popular in the trading community and it is anticipated that this cryptocurrency will rally to the $6000 level before the end of July 2021. Buy Ethereum and start trading on eBankX today.
3. Tether (USDT)
USD Tether (USDT) is a unique stablecoin that is backed one-to-one by the USD. This stable cryptocurrency can be leveraged for use across cryptocurrency exchanges. It can be used as a hedge against volatility and drastic drop in cryptocurrency prices, during flash crashes. Additionally, Tether offers liquidity to exchanges that are unable to deal with fiat currencies and opens up an avenue for traders to trade in exclusively crypto to crypto markets where fiat currency markets are not open. Tether is widely used to purchase Bitcoin and other cryptocurrencies and it continues to enjoy popularity for its stability for traders and long-term investors alike. Buy USDT and start trading on eBankX today.
4. Dogecoin
This cryptocurrency started as a meme but now it has become mainstream and a valuable, volatile asset. Dogecoin has largely been in news due to Elon Musk who has put in his credibility behind the cryptocurrency and also led its surge in value. Dogecoin had a quick initial production schedule with nearly 100 billion coins in circulation right in 2015. Dogecoin has emerged as one of the cryptocurrencies offering double-digit ROI in weeks similar to altcoins like LINK, MATIC, and XRP. It now ranks among the top cryptocurrencies to buy and HODL in June 2021. Buy Dogecoin and start trading on eBankX today.
5. XRP
Several retail traders prefer trading in XRP, owing to the token’s low price, high market capitalization, and active crypto community. Transactions on the XRP network are cheap, settle faster and most traders withdraw funds from exchanges in XRP. XRP’s market capitalization is currently $39 Billion based on data from coinmarketcap.com. The cryptocurrency is currently in the buy zone, trading at the $0.85 level.
You can trade in all 5 cryptocurrencies on eBankX, and earn rewards at the same time! Sign up and get started today. Buy EBX tokens for long-term profitability and discount in trading fees.
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