Home How to Buy Cryptocurrency UK – Beginner’s Guide Best Cryptocurrencies UK – Top 10 Crypto Coins to Buy Now
Jimmy Aki
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Cryptocurrencies have seen remarkable adoption in the past year. The total recorded value in the crypto industry stands above $2.2 trillion as investors flood into the crypto space to buy the best cryptocurrencies UK.

This guide discusses the best crypto to buy now UK and the top platforms where you can buy the best cryptocurrencies.

Key Points on the Best Cryptocurrencies UK To Buy

  • Cryptocurrencies have broken into mainstream adoption following a global health crisis that has impacted financial markets
  • The nascent industry has swelled to over $2 trillion in recorded value, with benchmark crypto Bitcoin leading the ranks
  • Burgeoning sub-sectors like DeFi, NFTs, Metaverse, and Play2Earn are seeing growing interests as more legacy-based institutions flood into the crypto space
  • Bitcoin and Ethereum are the best performing cryptocurrencies

Best Crypto To Buy Now UK 2024 List

Cryptocurrency continues to gain popularity in the UK as a good investment means. Over the last year, more mainstream investors are rapidly expanding their portfolio to accommodate virtual assets like Bitcoin, Ethereum, and Dogecoin. Other best performing cryptocurrencies have also seen a remarkable inflow of investments, and the nascent industry has largely continued to post handsome returns for investors despite volatility.

Listed below is a list of the 10 best cryptocurrencies UK for the year 2024.

  1. Wall Street Memes ($WSM)– The Next Meme Token to 100x Supported By Elon Musk- Buy Now
  2. AiDoge ($Ai)– The Best AI Meme Project To Invest in 2024– Buy Now
  3. yPredict (YPRED)– AI Trading Tool Marketplace That Will Improve Trading- Buy Now
  4. Launchpad XYZ (LPX)- The best web3 crypto with utility BUY NOW
  5. EcoTerra (ECOTERRA)-The Best Green Crypto Project To Launch in 2024– Buy Now
  6. DeeLance (DLANCE)- Exciting New Freelance Platform with Web3 Concept- Buy Now
  7. Copium Club ($COPIUM)- Next Meme Token To Explode in 2024– Buy Now
  8. Love Hate Inu (LHINU)- Top Meme Token With Utiltiy That Could Explode- Buy Now
  9. Metropoly (METRO)- Invest In Rea; Estate NFTs from $100- Buy Now
  10. Calvaria ($RIA)– Promising Crypto Gaming Token With Great Utility- Buy Now
  11. Impt.io (IMPT)– The Best Crypto Token That Could 50x By 2023- Buy Now
  12. Battle Infinity (IBAT)– Overall Best Crypto To Buy in 2024– Buy Now
  13. Bitcoin (BTC) – Best Performing Crypto With Deflationary Tendencies
  14. Ethereum (ETH) – Foremost Smart Contract Platform
  15. Dogecoin (DOGE) – Leading Parody Coin With Strong Online Community
  16. Litecoin (LTC) – Lite Version of the Bitcoin Network
  17. Bitcoin Cash (BCH) – Protocol Focused On Scalability
  18. Stellar Lumens (XLM) – Top Platform For Low Cost Cross-Border Transactions
  19. Cardano (ADA) – Peer-Reviewed Protocol For Blockchain Scalability
  20. Ripple (XRP) – Best Platform for Cross-Border Value Transfer
  21. Basic Attention Token (BAT) – Top Platform for Crypto Privacy
  22. Tether (USDT) – Most Popular Stablecoin In Crypto Space

If you’re interested in new meme coins with strong potential, you might want to consider buying AiDoge ($Ai). The presale event is ending soon which is the best time to invest before prices rise.

Wall Street Memes ($WSM)- The Next Meme Token To 100x

WSM logo

2023 has been an excellent year for meme tokens so far with the likes of $COPIUM and $SPONGE exploding and offering generous returns to investors. If you missed the returns that were offered by these projects, Wall Street Memes is the next meme token that is set to 100x in 2023.

The Wall Street Memes token ($WSM) is an extension of the hugely popular Wall Street Memes social media platform which provides a space for investors to troll the financial markets through humor. The token will take the trolling one step further by sending a ‘worthless’ asset to the moon whilst utility tokens suffer in the market. The token presale has already raised significant funds which is a sign that the goal of making this the next 100x meme token is working!

$WSM is an ERC20 meme token with no utility other than to gain value over time. However, investors are encouraged to hold the asset through regular airdrops which will be offered to token holders once the presale has ended. Early investors will be rewarded generously as the value of $WSM increases overtime. The token has a limited supply and 100% of all available tokens will be given to the community through the presale, exchange listings, airdrops and liquidity.

As mentioned above, the Wall Street Memes project recently attracted the attention of tech giant Elon Musk. In the past, Musk has had a big impact on the meme coin market and his recognition of the project could be a sign that Wall Street Memes is set for success. As well as this, Wall Street Memes is backed by a team of experts who are passionate about building a strong community of investors that will increase the value of $WSM.

You can invest early by the ongoing presale event. The $WSM token presale is selling quickly so we recommended investing as soon as possible. You can buy $WSM with ETH or USDT.

Your money is at risk.

AiDoge ($Ai)- The Best AI Meme Project To Invest in 2024

AiDoge is a decentralized platform for meme creation that uses advanced AI technology to improve the quality and appeal of memes. Users can create their own memes or customize existing ones with templates and editing tools. The community-driven governance model promotes a sense of ownership and loyalty, and the $Ai token is used for staking, voting, and earning rewards for high-quality memes. The deflationary mechanism encourages long-term holding and potentially contributes to the platform’s success. AiDoge aims to provide a seamless and user-friendly experience for meme creation while utilizing innovative technology to create engaging content.

With a 20-stage presale in progress, AiDoge is poised to revolutionize the world of meme creation and attract a broad audience. The platform is the first of its kind and has already attracted the interest of thousands of keen investors. The presale is selling out quickly.

$Ai is the native token of the AiDoge platform and one of the best cryptos to buy in 2024. Users can stake $Ai tokens to earn rewards, vote on governance proposals, and use them to create and share high-quality memes. The platform’s smart contract features a deflationary mechanism that creates scarcity and incentivizes early adopters and long-term holders to hold onto their tokens.

Additionally, a portion of the transaction fees generated by the platform is used to buy back and burn $Ai tokens, further reducing the token supply and potentially increasing its value. As the platform gains more users and popularity, the $Ai token is expected to become increasingly valuable, providing holders with a potential source of profit. Overall, the $Ai tokenomics are designed to incentivize user participation, promote token scarcity, and potentially drive the long-term success of the AiDoge platform.

Your money is at risk.

yPredict (YPRED)

yPredict logo

yPredict as a crypto marketplace like no other. The brand new platform will allow AI developers to list their algorithmic trading tools to subscribers who can browse through the different tools that are available and choose which ones to use on a subscription basis. The aim of the project is to make it easier than ever for traders to access the tools that they need to make informed trading decisions and for developers to earn a regular income from their talents.

Every model featured on yPredict is meticulously crafted by the top 1% of AI developers, utilizing cutting-edge artificial intelligence and machine learning techniques. The subscribers hold the power to vote on the inclusion or removal of models from the platform, guaranteeing that only the most relevant and effective models remain accessible.

yPredict presale

To facilitate seamless transactions and platform usage, yPredict leverages the YPRED utility token. This token serves multiple purposes, such as paying for platform subscriptions, participating in the decentralized autonomous organization (DAO) voting process, and accessing the marketplace. Additionally, developers receive YPRED tokens as income. Holders of YPRED tokens can also choose to stake them in the staking pool, generating passive returns that are distributed on a monthly basis.

YPRED stands as a utility token built on the Polygon-matic chain. During the ongoing presale event, interested individuals can acquire YPRED at an undervalued price. YPRED has strong utility and a limited supply which means that upwards price pressure will be placed on the token after listing.

yPredict is set to be the go-to place for traders who want to elevate their trading and for developers who want to earn from their skills. All models are tested for accuracy which means that traders do not need to worry about losing money to scam trading bots. yPredict will offer automated trading tools, crypto signals, predictive tools, market analysis and much more. Traders can choose which tools they use based on their requirements.

Invest in YPRED now to be part of the next big thing in the crypto trading space!

Your money is at risk.

Launchpad XYZ (LPX)

launchpad logo

The web3 space is growing and with that comes a need for platforms that improve access to web3 tools and applications. Launchpad XYZ is the first platform of its kind to bring together a plethora of web3 products and allow users to easily access any products that they may need.

Launchpad XYZ is a web3 portal through which users can take part in staking, swapping, crypto games, crypto presales, trading, web3 wallets and a number of other web3 offerings. The platform aims to be the go-to place for all things web3.

Launchpad XYZ stands out from other web3 applications because of its humanised interface. Users will be able to easily find the tools that they need, without any prior knowledge of the web3 world.

The staking element of the platform is one of its most appealing features. Here, users can earn passive rewards daily by locking up their crypto investments.

LPX is the native token of Launchpad XYZ. The token is a deflationary asset with a capped supply of 1 billion. 500 million tokens are available to purchase via the ongoing presale event through which the value of LPX will increase at each stage. There are 10 stages to the presale and exchange listings will occur when the final stage is sold out.

Cryptocurrency markets are highly volatile and your investments are at risk.

EcoTerra (ECOTERRA)- Sustainable Cryptocurrency To Buy in 2024

EcoTerra is a new recycle-to-earn platform that recently started raising fund through a highly anticipated presale event. During the even. 90% of ECOTERRA tokens will be available for early investors to buy at a low price.

The EcoTerra platform will reward users for recycling everyday goods. Each item will be worth a specific amount of ECOTERRA tokens and these rewards can be either cashed out or used to access other features of the platforms. This includes the carbon offset marketplace and the recycled materials marketplace. Users who choose to use their rewards to fund environmental initiatives will be further rewarded with a valuable NFT.

The EcoTerra app is a one-stop place for both businesses and individuals to improve their recycling habits and to improve their impact on the environment. This impact can be clearly seen in each user’s trackable profile. Profile can be used to showcase sustainable efforts to others and to collect points and rewards.

ECOTERRA tokens will be used to support the ecosystem and bring value to the app. ECOTERRA is an erc20 utility token that can be traded with other currencies or used to participate in the EcoTerra ecosystem. With 90% if the tokens up for grabs at the presale, the token is set to have a high demand when the project is launched. ECOTERRA is deflationary in supply which means that the value of the tokens is sure to increase overtime. The best way to take advantage of future growth is to invest during the presale. There are nine stages in total and the price will be lowest in stage one.

Your money is at risk.

DeeLance- Web3 Freelancing Platform

If you’re looking to get involved with a completely unique new project that has utility, DeeLance could be a good option consider. The web3 freelancing platform aims to improve the current freelance work industry by providing a platform that enables businesses to work directly with freelancers, without a middle man.

To achieve this, the DeeLance platform will use smart contracts and blockchain technology to manage and execute transactions. This technology will make the entire process of freelancing quicker and more efficient.

As well as harnessing the power of blockchain technology, DeeLance will use Escrow to support payments and will also be supported by a native crypto token- DLANCE.

DLANCE will be used to provide liquidity to the platform. Businesses will need to use DLANCE tokens to pay for job advertisements and to unlock premium platform features. The token is an erc20 utility asset will a limited supply. You can invest early by investing in the ongoing DLANCE presale event. During this event, the token is available to purchase at a very low price and profits are almost guaranteed. To take part, simply connect your crypto wallet to the DeeLance presale website.

Your money is at risk.

Copium Club ($COPIUM)- The Next Meme Token To Explode in 2024

copium logo

$COPIUM is a newly released meme token that is predicted to explode in 2024. The crypto recently launched an exclusive presale event through which 200 investors purchased tokens to raise money for the development of the project. The meme token is now available to by on UniSwap and will soon be launched on more exchanges.

Copium Club is a meme token movement that plans to use the power of social media to bring returns to investors. The club is aimed at  people who have struggled with crypto investing, missed out on excellent opportunities or who have been caught out by scams. Through Copium Club, investors can troll the crypto space through memes and humor to cope with the volatile market.

The project will use exclusivity to drive interest and encourage people to take part in social media channels. Exclusive NFT launches and token airdrops will be regularly made available to committed remembers of the community. The team behind the project believe that exclusivity alongside innovative tokenomics and strong community support will hike up the value of $COPIUM overtime.

The total supply of $COPIUM is limited to 1 trillion. A percentage of these tokens will be reserved for airdrops and project development. The project is backed by a team of industry experts who are passionate about making Copium Club the next big thing in the crypto space.

Your money is at risk.

Love Hate Inu- Top Meme Token With Utiltiy That Could Explode

Love Hate Inu is an innovative ecosystem that rewards users for sharing their opinions on trending topics in a secure and safe environment. At its core is the LHINU token, a meme coin that adds utility to the platform and supports its operations. LHINU is also used for staking, enabling users to increase their voting power by staking more tokens. By participating in polls, users can earn additional tokens as a reward.

As a blockchain-based platform, Love Hate Inu offers security, transparency, and anonymity to its users. It empowers users to have a say in the polls that are created, ensuring that the platform reflects the values and opinions of its community.

In Q3 2023, the LHINU platform will launch token staking. It is advisable to invest early in the project by participating in the ongoing presale event or buying LHINU from exchanges before the token’s price increases.

LHINU is a utility token based on ERC-20 with several strong use cases. The token has a total supply of 100 billion, with 90 billion available for purchase during the presale. The remaining 10 billion tokens will be kept aside for rewards, liquidity, and funding development. The presale is currently in stage 1 and has only 7 days left before the token’s price increases in stage 2.

Your money is at risk.

Metropoly- Invest In Rea; Estate NFTs from $100

Metropoly is revolutionizing the real estate market by offering a unique NFT-based investment platform that allows everyone to invest in property starting from just $100. Each NFT property is backed by a real-life building, and investors can purchase fractional shares of each property, earning passive income from rent and benefiting from the growing housing market.

Traditionally, real estate has been reserved for the wealthy, but Metropoly is changing that by enabling anyone, regardless of location, to invest in real estate with ease. The platform is entirely blockchain-based, making it quick and easy to invest in property in just 20 seconds. Moreover, the blockchain technology guarantees transparency, ensuring that investors have true ownership over their investments.

Diversifying your portfolio by investing in real estate through Metropoly is a wise decision. After buying a property, the Metropoly team takes care of the property, ensuring that it is always tenanted, and rent is paid.

The presale for METRO tokens is currently underway, offering a limited-time opportunity to purchase at a reduced price. METRO will serve as the primary token for the platform, used to facilitate property purchases. By participating in the presale, investors will be eligible to win a valuable property worth $1 million USD, with the added bonus of earning $100k per year in passive rental income.

METRO tokens can be acquired during the presale period using ETH, USDT or BNB.

Your money is at risk.

Calvaria ($RIA)- Promising Crypto Gaming Token With Great Utility

Calvaria is a new play-to-earn cryptocurrency project that is now in pre-sale. By designing a game that motivates players to invest and earn crypto tokens, the blockchain-based card game wants to assist the growth of cryptocurrencies. Players fight in tournaments in Calvaria: Duels of Eternity by using collectible NFT cards that feature distinctive characters.

The game’s native token, $RIA, underpins the whole ecosystem. With a 1 billion cap on supply, $RIA is deflationary. The Calvaria platform, the unique DAO, and staked prizes are all accessible with the tokens. The tokens can also be used by players to purchase expensive NFTs.

In addition to $RIA, participants receive $eRIA (earned Ria), a supplementary currency that can be traded on exchanges. $eRIA is distinct from the main token in that it is not deflationary. Instead, tokens are generated by individuals who spend time playing the game.

The presale event is predicted to end by 2023, so now is a great time to invest in this exciting new project. By the end of 2023, the project will be in full swing and players will be able to use the tokens to access the game and its different features.

Your money is at risk.

Impt.io (IMPT)- The Best Crypto Token That Could 50x By 2023

IMPT is a revolutionary eco-friendly crypto token that will support the impt.io eco-system. Impt.io is a brand-new initiative that aims to make the cryptocurrency industry more sustainable by offering an ecologically friendly alternative to other currencies such as Bitcoin.

The native token, IMPT, will underpin the Impt.io ecosystem, which will be used to help people reduce their carbon footprint and carbon fraud. In exchange for reducing their carbon footprint, Impt.io will offer customers collectible NFTs that are valuable and can be traded for other tokens and advantages.

The project will solve a number of problems that exist in the current carbon-credit market such as fraud and double-counting. Impt.io will allow users to swap IMPT tokens for carbon-credits using blockchain technology to execute transactions in an immutable and transparent way.

The IMPT token has excellent utility which includes payments within the Impt.io platform, unlocking advanced user features and participation in the upcoming DAO.

The initiative is expected to be popular among crypto enthusiasts looking for more sustainable alternatives to existing currency. Being an early investor and participating in the presale event is the greatest method to benefit from future price increases.

The IMPT token presale recently ended and the first exchange listing will go live on the 14th of December. This is a great time to invest before future listings and price increases. The first exchange that IMPT will be listed on is UniSwap.

Your money is at risk.

Tamadoge (TAMADOGE)- Newest Doge Meme Coin With Play-to-Earn features

The most recent addition to the well-known doge eco-system is the Tamaverse, which uses TAMADOGE as its native currency.

Using TAMADOGE, users may take care of their dogs, purchase virtual products in the Tamaverse, and participate in battles to earn doge points.

Doge enthusiasts can interact with their NFTs in the metaverse through the Tamaverse game. Other forthcoming items from the Tamaverse project include an augmented reality programme that will revolutionise how doge owners may communicate with their NFT dogs.

The TAMADOGE coin is a deflationary token. Every time that users spend money in the Tamadoge store, 10% of the coins are burned. This will place upwards price pressure on the coin overtime, increasing tis value. Furthermore, TAMADOGE has a limited supply of just 2 billion. 1 billion of these tokens will be available to buy in the presale, 400 million will be reserved for exchanges and 600 million will be gradually released into the market over the next few years.

TAMADOGE is set to flourish after other Doge coins have already seen excellent growth in the market. This new coin grants access to the Tamaverse so will be sought after by players. You can purchase TAMADOGE now in the public presale event.

Your money is at risk.

Battle Infinity (IBAT)- Overall Best Crypto To Buy in 2024

In our rating, IBAT, the native token of the Battle Infinity NFT gaming platform, is at the top. Battle Infinity, a brand-new gaming platform, aims to provide gamers with an immersive metaverse experience via NFT-based multiplayer sports games.

The IBAT token is used in the Battle Infinity universe to pay for games, players, and in-game merchandise. Users will also soon be able to stake IBAT tokens for rewards on the Battle Swap platform. IBAT was developed using the Binance Smart Chain and is based on BEP20 protocol.

A total of 10 billion IBAT tokens will be made accessible; the presale event will release 28% of this total.

You can purchase the token directly on the Battle Swap exchange, a wholly decentralised marketplace operating within the Battle Infinity eco-system.

One of Battle Infinity’s primary offerings in the IBAT Premier League. Participants in the IBAT Premier League join teams and compete for rewards in a virtual sports competition. In addition to the competition, the site offers a number of multiplayer games where players can earn tokens.

IBAT will be available to purchase through PancakeSwap on the 17th of August. This is a great time to get in before prices rise.

Min Investment 0.1 BNB
Max Investment 500 BNB
Chain Binance Smart Chain
Presale Start Date 11th July 2022
Presale End Date 10th October 2022


Your money is at risk.

Bitcoin (BTC) – Best Performing Crypto To Buy Now With Deflationary Tendencies

Best Cryptocurrencies UK

Satoshi Nakamoto invented the premier cryptocurrency in 2008. It has remained scam-free due to its faultless blockchain technology. Bitcoin’s value has risen in the previous five years, and it is now the most valuable cryptocurrency, with a market valuation of £687.915 billion.

Bitcoin’s major appeal lies in its deflationary tendencies. At inception, anonymous developer Nakamoto fixed a hard cap limit of only 21 million Bitcoins that will ever be mined. This makes the digital currency inherently scarce, and institutional investors have since termed BTC ‘digital gold.’

Following this, the digital asset hit a record high of £47,240.05 on April 14 this year. However, following the May cryptocurrency meltdown, the value plummeted.

However, Bitcoin has not remained down as the digital asset surged to an all-time high (ATH) of $69,044.77 (about £52, 266) in mid-November. Following severe market correction, Bitcoin is presently trading at £36,983.60.

Bitcoin is set to continue dominating the cryptocurrency market in 2022, given the growing investment inflow into the crypto space. The premier digital asset is projected to retain the top spot on the global crypto charts because BTC is the most recognised crypto brand.

Ethereum (ETH) – Foremost Smart Contract Platform

Best Cryptocurrencies UK

Ethereum is currently the second-largest cryptocurrency with a market cap value of over £344.117 billion.
Ethereum is the foremost smart contract, and its viability largely lies in the robust architectural framework of the protocol.

Given the use of smart contract technology, the Ethereum blockchain is home to the most diverse sub-sectors in the crypto space, including decentralised finance (DeFi) spurred by the development of decentralised applications (dApps) on the Ethereum protocol.

Others include non-fungible tokens (NFTs), metaverse, and Play2Earn The Ethereum protocol, founded in 2015 by a slew of 8 developers, is home to about 97% of the DeFi sub-sector, making it the official home of the new face of global finance.

The protocol has also seen remarkable growth this year as ETH topped a record high of £3,063.63. Year-to-date (YTD) increase stands at 451.28%, with a 12-month trailing increase of 537.14%, showing how far the foremost altcoin has grown in the past year.

Ethereum is expected to see new record highs when the transition to a proof-of-stake (PoS) consensus algorithm is complete. This will make Ethereum more scalable, cleaner, and more cost-efficient than the proof-of-work (PoW) consensus mechanism.

Built on the Ethereum blockchain, ApeCoin is a popular new cryptocurrency that already has a market cap of $3.45B. Here’s how to buy ApeCoin.

Dogecoin (DOGE) – Leading Meme Coin With Strong Online Community

Dogecoin is currently one of the most popular cryptocurrencies. The meme coin originally started as a comic take on the sudden boom of crypto assets following the growing relevance of the Bitcoin network.

The parody coin founded in 2013 by two developers has since garnered massive online support, with Tesla and SpaceX boss Elon Musk publicly supporting the meme coin.

DOGE surged to an ATH of $0.74 (about £0.55) in early May in a remarkable run of form. However, since its high price peg, the meme coin has since faltered and has not touched the $1 peg since launching.

The coin has recorded a 5279.87 % price in the last 12 months and is currently trading at £0.14.
There is no limit on the number of Dogecoins that may be created, unlike Bitcoin. This raises concerns about possible depreciation, yet Dogecoin has remained one of the best cryptos.

Litecoin (LTC) – Lite Version of the Bitcoin Network

Best Cryptocurrencies UK

Litecoin was created as a fork of the Bitcoin network. The digital asset has a market cap of £8.105 billion. On December 19, 2017, Litecoin achieved an ATH of £308.

This record value indicated a 500% gain in two months at the time. Litecoin has since dipped with the broader crypto market, and the digital asset’s price has quadrupled in the last year. The silver to Bitcoin’s gold now trades at £116.47.

Bitcoin Cash (BCH) – Protocol Focused On Scalability

Bitcoin Cash was created in 2017 and is another spin-off of the Bitcoin blockchain. The digital asset aims to create a more scalable decentralised value transfer network by increasing the transaction block size. Bitcoin Cash advocates have continued to assert that the scalability issues plaguing the oldest blockchain largely lies in its block size.

Despite not being a household name like its older cousin, Bitcoin Cash still has an impressive stake in the crypto market with a 24-hour trading volume of £1.4 billion and a market capitalisation value of £6.248 billion.
The Bitcoin protégé is currently one of the best crypto coins to invest in. The digital asset currently trades at £336.76 and is predicted to double in price by next year.

Stellar Lumens (XLM) – Top Platform For Low-Cost Cross-Border Transactions

The Stellar blockchain facilitates seamless and cheap cross-border payments for individuals and financial institutions. Jed McCaleb founded the protocol in 2014.

Like several new generation protocols, the Stellar blockchain has bottled down on making transaction costs as low as possible, with each value transfer costing only 0.00001 XLM in fees.

Despite never touching the £1 price peg, the Stellar blockchain has been one of the top stars in the crypto space this year and has a sizable market cap of £4.7 billion. The value of the cryptocurrency has doubled in the last year and is trading at a price point of £0.20.

Cardano (ADA) – Peer-Reviewed Protocol For Blockchain Scalability

Cardano is one of the best cryptocurrencies to invest in. Despite being late to the crypto market, Cardano has quickly gained popularity because of its network’s low energy usage.

Currently under development, the PoS protocol is renowned for its peer-reviewed approach to solving the blockchain trilemma. Principal developer Charles Hoskinson has insisted that the Cardano network aims to be a high-performance blockchain and a solution for the vast majority of the unbanked in the world.

Cardano has been gradually fledgling out its plans and has made strategic partnerships throughout much of the year. The network is currently working on upgrades and is expected to host flourishing ecosystems like DeFi, NFTs, metaverse, and other blockchain-based games.

The popular Ethereum rival has a market valuation of £33.414 billion and a trading volume of £1.2 billion. The digital asset’s current price is £0.99, a rise of more than 685% over the previous year.

Ripple (XRP) – Best Platform for Cross-Border Value Transfer

Best Cryptocurrencies UK

XRP was founded in 2012 by Ripple, a blockchain payment processing company. XRP is used on the company’s network to process payments of different currencies and facilitate transactions among financial institutions.

To solve the bottlenecks surrounding the cross-border transfer of value between banks, the Ripple blockchain enables the seamless transfer of currencies across borders through its RippleNet Ledger protocol.

The digital asset relies on a Federated Consensus Algorithm (FCA), which is much more energy and cost-effective as transactions on the Ripple blockchain cost only 0.0001 XRP.

At press time, the digital token’s current value is £0.62. XRP has a market cap value of £33.1B. Due to its increase in value of over 300% over the year, it has been placed on the list of best crypto coins to buy in 2022.

Basic Attention Token (BAT) – Top Platform for Crypto Privacy

Best Cryptocurrencies UK

BAT is a brand-new cryptocurrency on the Ethereum network. The digital asset ensures privacy in online formats and is a brainchild of the privacy-centric web platform Brave Browser. Integrated into the digital advertising protocol, BAT is accepted as a payment method for utilising the protocol.

The site has 30 million members, and 10 million of them are active on a daily basis. These variables have all played a role in BAT’s remarkable surge in value. At the time of writing, it is worth £0.78. BAT has a £1.185 billion market cap and a £215 million 24-hour trading volume.

Tether is a stablecoin, which means the digital asset is more stable than other cryptocurrencies. Tether is backed by US dollars and maintains a constant value of one USD. The stable coin is a great option for investors who wish to stay away from the crypto market’s volatility.

Tether’s USDT is the most popular stablecoin and allows the conversion of fiat currencies to digital cash. This way, investors can now trade and invest in all areas of the crypto ecosystem. Tether currently has a market cap of £57.53 billion and occupies the fourth spot on the global crypto ranking.

Best Cryptocurrencies To Buy for Staking

Staking is a method of verifying transactions in a blockchain, and it allows users to earn rewards for their holdings.

Staking cryptocurrency is the practice of locking your crypto assets in a blockchain network to sustain and validate transactions.

It’s compatible with cryptocurrencies that process payments using the proof-of-stake (PoS) system. This is a more energy-efficient option than the proof-of-work (PoW) consensus algorithm.

Staking is a fantastic method to earn passive income with your cryptocurrency because certain cryptocurrencies pay out large interest rates for staking. However, you need to understand how crypto staking works before you get started.

Participants first pledge their coins to the cryptocurrency protocol. The protocol selects validators randomly to confirm transaction blocks.

New cryptocurrency coins are produced and paid as staking rewards to the block’s validator every time a block is added to the network. The payouts are almost always the same coin that investors stake.

Now that you know what staking is and how it is done. Below is a list of five coins investors can stake for great returns.

1. Solana (SOL)

Solana is currently the best cryptocurrencies for staking per data from PoS-focused staking website, Staking Rewards. The blazingly fast blockchain so far has $70.5 billion in staked value which has seen a 7.89% increase in the past 24 hours. In terms of staking rewards, Solana currently averages 6.11% and has 77.1% of the overall circulating SOL staked.

2. Ethereum (ETH)

Ethereum remains the number one option for many investors looking to stake their cryptocurrency. The Bitcoin rival can be staked across diverse platforms. The yearly returns stand at 6.25% on the social trading platform. You can also convert other crypto assets to ETH before staking them.

3. Cardano (ADA)

Cardano is another top cryptocurrency that investors stake on. Previously, the popular Ethereum killer was the most staked but the Cardano network has since lost its position to the Solana blockchain largely due to the fact that the PoS protocol is still under development.

Cardano occupies the third spot on the global staking charts and has $30.8 billion in staked value. Staking rewards stand at 5.62% annually.

4. Avalanche (AVAX)

Following closely is another Ethereum rival, Avalanche blockchain. The Avalanche protocol is known for its highly scalable network and the platform has been a revelation in the past year. Avalanche is the fourth most staked PoS protocol and currently has a high staking reward of 9.34% annually. So far, over $24 billion in value has been staked in the protocol.

5. Binance Coin (BNB)

BNB is the cryptocurrency issued by the Binance exchange. The asset is one of the best staking coins. The cryptocurrency presents an average yearly return of 19.46%. Binance Coin has shot up the crypto ranks given the innovative use of the discount token. As the Binance exchange grows, BNB is also expected to boom in value.

How We Chose The Best Cryptocurrencies UK

We utilised specific metrics to verify that the crypto assets we ranked as the best cryptocurrencies in the UK were worth your time. These parameters include:

The Cryptocurrency’s Revenue

The income model or economic effect of bitcoin was the first item we examined; after all, a cryptocurrency is a kind of money. Its goal is to either fix a problem or produce revenue for its ecosystem. Miners, node operators, partners, and even the companies developing on the platform are all part of this ecosystem.

The Coin’s History

The next concern revolves upon the cryptocurrency’s history. First, we examine if project milestones have previously been met on time. Many well-known cryptos, including Ether (ETH), do well on this metric.

Second, we examine the cryptocurrency’s history and liquidity. A cryptocurrency’s active users and trade volume should ideally be increasing rapidly. The blockchain asset must also have sufficient liquidity, be available in several trade pairings, and be listed on multiple trustworthy exchanges.

Social Engagement

Last but not least, the cryptocurrency community’s social participation. All successful cryptos have a sizable, active, involved, and enthusiastic community with a healthy dose of zealots. Do you require proof? Take a look at Bitcoin and Dogecoin, for example. When researching its social status, check out a crypto’s presence and interaction on Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, Twitter, and YouTube.

Buy The Best Cryptocurrencies UK

As cryptocurrencies become more widely accepted as a medium of exchange, a shift to crypto-centric finance is also necessary. Rising mainstream demand for cryptocurrencies, as well as untapped potential in emerging markets, are expected to create an attractive market for Investors.

Many of these investors are looking for the best cryptocurrency to invest in. These digital assets are thought to be an excellent method to safeguard your savings against inflation.

Frequently Asked Questions on Best Cryptocurrencies To Invest In

What Are the Best Cryptocurrencies to Buy UK?

Which Cryptocurrencies Have the Most Potential?

What Cryptocurrencies Are Best for Staking?

What Is the Best Crypto to Invest In?

Jimmy Aki

Jimmy Aki

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.