What Are the Top 10 Altcoins？

Altcoins are an alternative to Bitcoin. As more and more people flood into the cryptocurrency market, the demand for altcoins has grown like never before. Here is a look at top 10 Altcoins.

Ethereum(ETH)

Ethereum is an open-source, decentralized network, executing programs referred to as smart contracts. Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.

Tether(USDT)

USDT is a digital token based on the stable value currency U.S. dollar (USD) released on the Bitcoin blockchain. The purpose of USDT is to provide liquidity and a hedge against market volatility.

Users can use USDT to exchange 1:1 with USD at any time. Tether strictly abides by the 1:1 reserve guarantee, that is, for every USDT token issued, its bank account will have a 1 USD fund guarantee.

Users can conduct fund inquiries on the Tether platform to ensure transparency. Users can use SWIFT to wire US dollars to the bank account provided by Tether, or exchange for USDT through the exchange.

Binance Coin(BNB)

Binance is the biggest cryptocurrency exchange company in the world. The goal of Binance is to be the infrastructure services provider for the blockchain ecosystem.

Binance Coin (BNB) is the cryptocurrency coin that powers the Binance ecosystem. it was initially issued as an ERC-20 token and designed to be used for a fee reduction on the Binance exchange.

Cardano(ADA)

Cardano is a decentralized third-generation proof-of-stake blockchain platform, which developed through evidence-based methods. It is a fully open-source project that aims to deliver an inclusive, fair, and resilient infrastructure for financial and social applications on a global scale.

ADA is the native token of Cardano, any user can use ADA as a secure exchange of value.

Dogecoin(DOGE)

Dogecoin is an open-source peer-to-peer cryptocurrency. It was designed as a joke for crypto enthusiasts. In 2021, Dogecoin explodes in value by more than 26,000%. its price has gone through the roof despite its proclaimed status of being a ‘meme currency', which also underlines the mania that has engulfed the market.

Neo(NEO)

Neo is an open-source community driven blockchain platform for building decentralized applications. It can help developers to digitize and automate the management of assets through smart contracts.

USD Coin(USDC)

USDC is a U.S. dollar-backed stablecoin issued by Circle and powered by CENTRE's open-source framework.

USDC offers solutions with detailed financial and operational transparency and resolves the problems that exist in the current crypto market. It is operated within the regulated framework of U.S. money transmission laws with established banking partners and auditors. On the basis of open membership, any eligible financial institutions can join USDC.

Polkadot(DOT)

Polkadot is a completely decentralized platform for Web3, connects private and consortium chains, public and permissionless networks, oracles, and future technologies.

The DOT token is the native token of the Polkadot platform, serves three distinct purposes: governance over the network, staking and bonding.

Uniswap(UNI)

UNI is a governance token of Uniswap protocol and an ERC-20 token on the Ethereum blockchain.

Uniswap is an automated market maker (AMM) and a decentralized exchange (DEX) protocol for creating liquidity and trading ERC-20 tokens on Ethereum. It serves as a trustless and highly decentralized financial infrastructure. The mission of Uniswap is to create more efficient markets.

Users can exchange tokens, earn fees from add tokens to a pool or add token trading pairs without trusting any centralized intermediary in Uniswap.

Stellar(XLM)

Stellar is an open-source, decentralized network for storing and moving money. It was designed for developers to issue digital assets and build applications easily.

XLM (lumen) is a native token of Stellar. It can be used for staking and paying for all Stellar services.

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