10 Best Altcoins

Economists believe that bitcoin's price will plummet in the following year while at the same time the cryptocurrency industry is going to explode. That being said, this would be the time to invest in some of the best altcoins currently available. But what exactly are altcoins and what determines the good from the bad ones to put money on?

Product FAQ

1. What Is an Altcoin?

Altcoin is any cryptocurrency that is based on the fundamental principles of Bitcoin.

2. What Does an Altcoin Do?

It can be used to transfer or accept money through the internet while remaining anonymous and without having to pay large transaction fees.

3. How Does an Altcoin Work?

Just like Bitcoin and other cryptocurrencies, Altcoins are based on the Blockchain technology but each of them has a certain amount of distributed coins and transfer times as well as fees. Each e-wallet on which you can store your altcoins comes with a unique address. When people want to pay you they have to use this address. Thanks to that, people don't have to share any personal details thus retaining full anonymity.

4. Where Can You Buy Them?

Most successfully funded altcoins are quickly picked up by online cryptocurrency exchanges through which you can easily purchase, sell, or even trade specific cryptocurrencies to obtain altcoins or fiat money. In some cases, however, you'll either have to use a decentralized exchange where people are personally trading using their own stack of altcoins or get them straight from the official website by sending the correspondent amount of another cryptocurrency to their unique e-wallet address. The latter usually takes places during ICOs (Initial Coin Offering) which is also considered the best time to invest in a specific altcoin.

5. Are Altcoins Safe?

Absolutely yes but you need to know what you're doing. Various renowned online reviewing sites will test any new upcoming altcoins to check their block processing times and transaction fees as well as where and for what they are designed to be used for. If an altcoin passes their test, then it is considered fully safe to purchase and trade with.

How We Reviewed

Since tens if not hundreds of altcoins are created every day, we had to start with a relatively "small" list of about one hundred of the best altcoins available. Following many tests and online reviews as well as previous statistics we were able to limit the list to the top 10. Keep in mind that they won't be presented in any order as they are all good ones to invest in. That being said, we will share which one we believe is the absolute best at the end of the post.

Overall Price Range of Altcoins

The prices are constantly changing and because of that, we are unable to provide an overall price range. Usually though the most pricey ones go as high as $400-500, excluding Bitcoin of course.

What We Reviewed

Ethereum

Features

Starting off with what is considered the absolute best altcoin by many professional investors and traders, Ethereum is currently the third biggest cryptocurrency in the world with a market cap of eleven billion dollars. Thanks to the recent ups and downs of the crypto industry Ethereum has suffered a big decrease and is currently worth a bit more than $100. Since it is constantly used as the main "standard" that is traded for other altcoins it's often considered a safe bet. It has a huge transaction volume as more than 10% of its market cap is traded on a daily basis.

Price

Its current price is $113

Where to Buy

Litecoin

Features

Also one of the biggest and best altcoins available, Litecoin is currently 7th in the world with a market cap of around two billion dollars. Just like Ethereum, this cryptocurrency can be found as a tradable coin on most exchanges and is accepted by various online vendors (mainly services). Often referred to as the currency of the Dark Web, almost 20% of the market cap is used for transactions every day. This happens thanks to its incredibly small fees and low volatility. Moreover, is supported by all major hardware and online wallets.

Price

Its current price is $32

Where to Buy

PayPie

Features

Clearly one of the best altcoins used for accounting purposed, PayPie is currently suffering what seems to be an endless decrease in value. Its current market cap is only five million dollars while it was higher than $300,000,000 in early 2018. Due to that, the volume has gone down as well. Why do we think is a great investment option? Simply because we believe that the crypto market will soon get back on its feet and due to the fact that PayPie is slowly starting to support a constantly increasing number of accounting software.

Price

Its current price is $0.06

Where to Buy

Cardano

Features

What started as just another altcoin project back in 2015 quickly became a global sensation. Cardano and its cryptocurrency called ADA currently ranked 10th in market cap with a total worth of more than one billion dollars and a daily volume of around twenty million. Its price is incredibly low which combined with the great team (previous Ethereum developers) makes the coin reliable and safe to invest on. Furthermore, its platform is built in such a way that it can easily support enterprise-level usage, has its own proof of stake mechanism, and one of its biggest innovations is the division of transactions and data into two separate processing layers.

Price

Its current price is $0.04

Where to Buy

Ethereum Classic

Features

One of the very best altcoins that are currently seeing an increase in price, Ethereum Classic is currently ranked 17th with a market cap of $526,000,000 with a daily volume of about $150,000,000. Many people have started switching to ETC as it has the same protocols and code as Ethereum while being cheaper. Some say that it will stop following the updates being made on Ethereum's technology but for many, we included, the steady price growth is very appealing and thus promising. If Ethereum managed to achieve a 13,000% increase in one year, then ETC is guaranteed to do at least a fraction of that.

Price

Its current price is $5

Where to Buy

Basic Attention Token

Features

BAT started as an innovative idea which turned into one of the best altcoins ever created. Even now that the crypto industry is objectively at its worst condition, this coin is comfortably sitting at the 28th position on the ranks with a market cap of $200,000,000 and a daily volume of more than six million dollars. Trying to overcome or at least compare with other advertising platforms, the Basic Attention Token is supported by thousands of people and investors. At the same time is increases privacy and has a reasonable and small cost.

Price

Its current price is $0.17

Where to Buy

Zcash 

Features

Both Edward Snowden and Vitalik Buterin praised Zcash for its unique encryption standards but unfortunately, the coin has been on the downside in the last weeks. It does remain at the 19th place with a large market cap of four hundred million with about 40% of that being used as the daily volume. The high price of $75 is what makes many investors stay away but we are still recommending it. On top of keeping the sender and receiver's identities safe, it also hides the amount being transacted which is a unique feature. That being said people still think it has many security flaws, something that came to light because a popular dark web marketplace got seized soon after integrating Zcash as a payment method.

Price

Its current price is $75

Where to Buy

Ripple

Features

Market cap-wise, Ripple isn't only one of the best altcoins, it is the second best cryptocurrency in the world. It has a market cap of 14.5 billion dollars with a daily volume of $300,000,000. Thanks to its low price, people aren't afraid to invest in it which combined with its intuitive safety protocol will most likely skyrocket its price in the following years. That being said, it is heavily used by many banks and investors and at the time of this writing, someone couldn't make much money with a small investment unless he aimed for the long run.

Price

Its current price is $0.36

Where to Buy

Bitcoin SV

Features

When designing this post we planned to include Bitcoin Cash but due to the recent changes in the crypto world, we decided to go with Bitcoin SV. The newly added altcoin has a single goal, to return Bitcoin to what it used to be. This means to restore the original BTC protocol and enable unlimited size transactions. The SV stands for Satoshi's Vision. Its current market cap is 1.6 billion with a daily volume of seventy-five million, making Bitcoin SV the 9th biggest cryptocurrency at the time.

Price

Its current price is $95

Where to Buy

Stellar Lumens

Features

Certainly, one of the best altcoins you can currently invest in, XLM has the 4th biggest market cap at three billion dollars but a relatively low daily volume at $75,000,000. Even though its price has gone very low, the total circulation supply was released at the coin's initial development and thus the price is only affected by inflation meaning that as soon as the crypto industry rebounds, its price will skyrocket. Moreover, it's fast and cheap to use and don't forget that it is backed by its partnership with IBM.

Price

Its current price is $0.15

Where to Buy

The Verdict - Which Is the Best Altcoins?

If we had to pick a single winner, we'd go for Ripple. Its price has a very high potential to increase a lot in the long run. For those that hope for quicker gains from your investment, we have two other cryptocurrencies that we believe are the best altcoins to put money on at the moment. First up, is Ethereum Classic; it is currently on the rise and doesn't cost much. Our second best pick is Stellar Lumens; they are based on inflation and are very likely to increase in value over the following year.Overall, altcoins are not at all pricey... if your investment doesn't pay off, you still won't have a big loss.