It’s hard to pick the best cheap cryptocurrency to invest in 2022. There is a lot of new investors who are entering the first cryptocurrency market. If you are one of them, it is also important for you to look out for the best cheap cryptocurrency to invest in. To make it easy for you, we have also listed down some best cheap cryptocurrency that will give you good returns in the future. This article will guide you through the top 10 crypto currency trending in the market. Besides that, you will also learn how to buy cheap cryptocurrency on exchanges.
Let’s check it out.
Meaning Of Cryptocurrency
Cryptocurrencies are just like fiat currencies or tokens that are transacted digitally. In other words, these are digital coins that have no physical presence. They basically work on blockchain technology. Any other commodity cannot back up these fiat currencies. Like in token money (paper money), the centralized authority issues money only after it has some reserves of assets like gold. But that’s not the case with Cryptocurrency. There is no one controlling cryptocurrency, it is thus a decentralized system.
Just like the central bank mints the currencies, even one can mine cryptocurrency. The cryptocurrency mining process takes place when a miner tries to validate(verify) transactions by solving tough mathematical problems. Likewise, when verified transactions get added to a block, they create a chain. And this chain of blocks is called the blockchain.
There are many crypto coins present on the market, but exactly how many? Well, to be precise, as per Coinmarketcap, there are more than 18,470 cryptos on the market.
Top 10 Crypto Currency Trending In The Market
Now that you know about cryptos, you might be wondering which crypto currency to buy now? Well, there are many cryptocurrencies, but you need to consider a few among the top 10 crypto currency. Likewise, investing in the right coins will also assure you of good returns. And to choose from a wide range of tokens is a tough job. We have made it easy for you. Following is the list of the top 10 crypto currency trending in the market. Let’s check it out.
List Of 11 Cryptocurrency Prices
Following is the list of the top 11 crypto currency prices as of March 26, 2022. Let’s check it out.
Market Cap (as of 26-03-22)
Price (in $)
Best Cheap Cryptocurrency To Invest In 2022
Many of you might have some limits to your budget. We know you want to invest in cryptocurrency but you also don’t have so many funds to buy cryptocurrency like Bitcoin and Ethereum. Thus, we have sorted down the 4 best cheap crypto currency to invest in 2022. These cryptocurrency are basically coins that have given good returns in the past few 3 months. In the later section, we will also learn how to buy cheap cryptocurrency. Let’s check it out.
MXC is a system built to support Web 3.0 and metaverse. It is one of the top cheap cryptocurrency to invest in 2022. You can also buy NFTs using MXC coins. Thus, in the past month, the coin is giving returns of 40.26% returns. Eventually, as per annual returns, the MXC coin is giving 311.34% returns. Moreover, in the past few months, the price has also seen hype. The price ranged between $0.0552 to $0.11.
Likewise, if you had bought 6 MXC coins at a price of $0.0284 a year ago, the price today for your 6 coins would be $0.4956.
Another cheap cryptocurrency you should buy in 2022 is Digital Bits. Al Burgio founded digital Bits in 2017. The primary purpose of this coin is to support consumer digital assets. Consumer digital assets are basically NFTs, stablecoins, branded currencies, etc. They eventually want businesses to use Digital Bits coin to connect with their customers. They also announced David Beckham as a global ambassador of Digital Bits blockchain. Also, they have signed a deal with Hyprr, a metaverse platform.
Like any other coin, you can also buy this cryptocurrency on any exchange like Bittrex. However, in the past month, the XRB coin was giving returns of 79.36%. Likewise, annual returns on the XRB coin are 656.96%. The main advantage if you buy this cryptocurrency is that you can still earn good returns on it being the price low.
Similarly, if you had bought 6 shares of Digital Bits a year ago for $0.0719, the value of your coins would have been $3.24.
Ripple (XRP) is another crypto currency that is gaining huge popularity in the past year. XRP is designed thus to allow the smooth functioning of payments globally. They have also partnered with various major institutions like Bank of America, Standard Chartered, etc. However, Ripple has been also accused of lawsuits by the US government. In contrast, if Ripple wins the lawsuit, the prices will shoot too high and that will also take your investment value high.
Likewise, this has given rise to a huge potential of this coin in the future. If you invested $0.55 last year, your investment value would have been $0.83 today. And this will continue to rise in future.
Lucky Block tops among the best cheap cryptocurrency one should invest in the year 2022. Basically, Lucky block allows users to perform online lottery gambling using Blockchain protocols. In short, here we actually try to buy lottery tickets, and just like any lottery system, if you win you will earn a reward. Since it is the first coin that is operating gambling, the chances of this coin rising in the future are also high.
However, the Lucky block is a very recent coin launched in February 2022. Besides, there is not much history to look upon. Although the price then was $0.00093, now it is $0.002209. Since this coin is a newbie in the market, you can buy this. Likewise, it can turn out to be the best crypto to buy for long term.
How To Buy Cheap Cryptocurrency?
Now that you know about the top 10 trending crypto currency and the top 4 best cheap cryptocurrency to invest in 2022, let’s look at how to buy cheap cryptocurrency on various exchanges. Since there are many crypto exchanges today, we’ll look at some platforms where you can easily buy these coins without any hassle. Let’s check it out.
Buy Ripple XRP On Binance
- “Open an Account” on Binance.
- Fill in all your personal details and payment details.
- Now, you can basically “Deposit some money in your account“. Once your account is set up and buy any cheap cryptocurrency. Or you can also buy using Paypal or debit/credit card.
- “Enter the amount” of money for which you want to buy crypto coins. For example, if you want to buy XRP coins worth $25, then enter $25. Eventually, the system will convert and show how many coins you will get for $25.
- Lastly, check all your details, and there you will have coins in your wallet.
Buy Lucky Block On Panswap
Although you can not directly buy Lucky Block coins, there is another method where you can easily buy Lucky Block coins through Panswapcake. Let’s check it out.
- Make sure you have BNB coins before you proceed with buying Lucky Block coins. You can buy them on Binance and transfer them to Trustwallet or Metamask.
- Now, connect your Metamask or Trustwallet with Panswapcake exchange.
- In Panswapcake, you will be asked which cryptocurrency you want to swap with. Paste this Lucky Block contract address; (0x2cD96e8C3FF6b5E01169F6E3b61D28204E7810Bb).
- Now, you have to basically enter the amount of BNB coins you wish to swap for Lucky Block coins.
- Check all the details and click on confirm.
- Finally, you’ll have Lucky block coins in your wallet.
Buy Digital Bits And MXC Cryptocurrency On Uniswap
Since Digital Bits and MXC are not so frequently traded coins on the market, very few exchanges allow users to buy them. One of them is basically Uniswap. Here, you can actually swap Ethereum or Tether for any other token. The following are the steps on how to buy cheap cryptocurrency like Digital Bits and MXC on Uniswap.
- Firstly, need to have Ethereum coins in either of the wallets (Metamask or Coinbase).
- The next step is to visit the Uniswap site.
- Now, you are required to enter the amount of Ethereum coins with which you want to swap. For eg, if you want to enter 22 Ethereum coins, you will get 373822 MXC coins.
- Go to the settings and select the Slippage fee as “1%”. Likewise, select the transaction deadline as “20 mins”.
- Connect your Metamask, Coinbase wallet, Fortmatic, or Portis wallet to the exchange.
- Check all the details properly and confirm the order.
- Now, click on “Swap”. Finally, you’ll get your coins in your wallet.
As the popularity of cryptocurrencies continues to grow, so does the number of people who are looking for information about the best cheap cryptocurrency to invest in 2022. Besides that, we have also highlighted the top 10 crypto currency that is trending in the market. We hope this article has given you some insight into what you should be looking for in a cryptocurrency. Thus, if you found it useful, please share it with your friends and family! We’d love to hear your thoughts in the comments section below, so don’t be shy!
Well, you need to keep in mind certain factors.
- Find that one unique factor that makes this coin different from others.
- Understand the technology and protocol they are working with.
- Also, look for when are they announcing their next update.
- Read their whitepaper and understand their vision.
- Meanwhile, also look at their price history and fundamentals.
Yes!! Absolutely you will get good returns for your investment. As metaverse is the next realm, crypto coins will be a primary currency over there. Besides that, many people today are buying NFTs using crypto coins. Eventually, increasing the demand of coins in future.
However, this is only possible when majority of the countries and businesses accept Crypto currency in future.