We know that change is inevitable, we need to keep walking. Bitcoin may be the first and largest cryptocurrency to date, but that does not stop others from joining the market. Throughout the years and to this day, new cryptocurrencies are introduced to the cryptospace. Why you may ask? Well, Bitcoin may be the most popular but it has its flaws.
These new altcoins mostly follow Bitcoin’s framework but they all try to target a specific issue which Bitcoin has. Thus, all these altcoins, both old and new, try to position themselves within the crypto market by focusing on a particular benefit that they have over Bitcoin and by solving issues and technicalities that Bitcoin has.
As Bleutrade moves onto a new operational phase in which it will focus more on close knit projects, we want to make our users feel within a family. Bleutrade’s belief in the powers of old and new emerging altcoins and token and their significance in the cryptoverse is still strong to this day. Hence, Belutrade’s platform provides the necessary tools for such altcoins to grow and flourish into this industry. Here are some of the altcoins, tokens and projects to look out for:
Proposed in 2013 by Vitalik Buterin, Ethereum is an open software platform based on blockchain technology that allows developers to build decentralised applications. The main difference between Bitcoin and Ethereum is that the latter focuses on running the programming code while Bitcoin blockchain is used to track coin ownership.
Backed by an equivalent amount of traditional fiat currencies including the US Dollar and Euro, Tether is a blockchain based cryptocoin. Tether tokens trade under the USDT symbol. It belongs to a breed of cryptocoins called stable coins which aim to keep cryptocoin valuations stable with only minor price changes. This would lead it to be used as a method of exchange and a storage of value instead of being just another medium of speculative investment.
Released via an open source in 2011, Litecoin was invented by Charlie She, an ex employee of Google that had the vision to create a lighter version of Bitcoin. Litecoin is a peer to peer cryptocurrency and open software project released under the MIT/X11 license.
Niobium Coin (NBC) is a cryptocurrency token issued on the Ethereum platform which is an open source technology for smart contracts built on blockchain technology. Moreover, Niobium was based on Smarts Contracts which makes it completely autonomous and does not require any human intervention leading to fewer human errors and greater safety and security when trading.
These cryptocurrencies are all available on our platform, waiting for you to get trading and reaching new levels of crypto mastery. However, these aren’t the only ones, head over to Bleutrade to check out the rest.