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Moving into 2023, CoinMarketCap lists price aggregation data for more than 17,000 individual cryptocurrency tokens. And as such, the process of choosing a cryptocurrency to buy can be challenging.
Although independent research is the recommended course of action, if you’re looking for some inspiration – this comprehensive market insight discusses the 20 best cryptocurrencies to invest in 2023.
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Table of Contents
List of the Best Cryptocurrencies to Buy in 2023 – Quick Overview
Before we dive into our full analysis of the best cryptocurrency to invest in 2023 – take a look at which 20 projects made the cut.
- Lucky Block – Best Cryptocurrency to Buy in 2023
- Solana – Top Competitor to Ethereum for Dominance of the Smart Contract Sector
- DeFi Coin – New Project Specializing in Decentralized Exchange Services
- Polkadot – Leading Cryptocurrency Offering Blockchain Interoperability Solutions
- Cardano – Promising Cryptocurrency Backed by Scientific Research
- BNB – Large-Cap Cryptocurrency Facilitates BSc Transactions
- Decentraland – Virtual Gaming World With Tradable Items
- FTX – Huge Derivatives Exchange With Billions of Dollars in Daily Volume
- XRP – Leading Network for Interbank Transactions
- Stakemoon – The Future Home of Staking Services
- Yearn.finance – Decentralized Investment and Loan Services With a Limited Token Supply
- Bitcoin – De-Facto Cryptocurrency and Market Leader
- Stellar – Sleeping Giant Offering Cheap and Fast Cross-Border Remittance Payments
- The Graph – Unique Blockchain Indexing Tool to Solve Over Bloated Networks
- Dogecoin – Cheap Cryptocurrency That Could Have One More Pump Left
- Basic Attention Token – Revolutionizing The Digital Advertising Space
- Ethereum – Migration To Ethereum 2.0 Could Be A Game Changer
- The Sandbox – Decentralized Gaming Community
- Dash – Leading Privacy Token With Fast Transactions
- Shiba Inu – Low-Cost Cryptocurrency With Huge Community
Keep reading on to see why we think that the above 20 projects represent the overall best cryptocurrencies to buy in 2023.
20 Best Cryptocurrencies to Invest in for 2023 – Full Analysis
Choosing 20 top-rated cryptocurrencies to invest in was no easy feat when you consider the many thousands of projects active in this space.
We considered a wide range of important metrics during the research process – all of which we discuss in more detail later.
Until then, below you will find our evaluation of the very best 20 cryptocurrencies to buy in 2023 and beyond.
1. Lucky Block – Overall Best Cryptocurrency to Buy Right Now
Lucky Block was founded in late 2021 and its fully-doxxed management team has one simple vision – to revolutionize the global lottery industry. In its current form, lotteries are usually offered to citizens by state-backed franchises that are connected to the government.
And as such, players can only access lottery games in their own country of residence. Lucky Block, however, operates on the Binance Smart Chain, and thus – its soon-to-be-launched lottery games will be accessible by anyone from any jurisdiction.
This will result in a globalized lottery platform that was once fragmented. Moreover, with Lucky Block offering its game on a global scale, jackpot prizes will be of significant size. Unlike the traditional side of the industry, Lucky Block games are not controlled by centralized bodies.
On the contrary, through the utilization of smart contracts, gaming outcomes are determined in an autonomous way. This means that as per the ‘code-is-law’ principles of smart contracts, Lucky Block games can never be manipulated or pre-determined.
If you like the sound of the Lucky Block vision, the only way to invest in this project is to buy LBlock tokens. During the month of January, Lucky Block went through its pre-sale launch, where it sold its entire hard cap allocation of 32.5 billion tokens.
This translates into 32.5% of the total supply and approximately $5 million worth of sales. Since then, Lucky Block has been listed on Pancakeswap, and in the coming weeks, there is an expectation that the token will also be available to buy across a wave of large centralized exchanges.
2. Solana – Top Competitor to Ethereum for Dominance of the Smart Contract Sector
Next up on our list of the best cryptocurrencies to invest in for 2023 is Solana. According to CoinMarketCap, this cryptocurrency was first launched in public exchanges in April 2020 at a token price of $0.78.
Since then, Solana has gone on to achieve highs of over $260 per token. And as such, early investors in this project have since enjoyed returns of over 34,000%. Perhaps the overarching reason why Solana has performed so well in such a little amount of time is that its technology is arguably superior to that fellow smart contract protocol Ethereum.
For example, in its current form, Ethereum is capped to just 15/16 transactions per second – which is nowhere enough to become mainstream on a global basis. Solana, on the other hand, can allegedly facilitate over 65,000 transactions per second.
Moreover, a recent study showed that the Solana network charges just a tiny fraction of one cent on each transaction. In the case of Ethereum, its network is still charging between $1-5 depending on how busy the network is.
3. DeFi Coin – New Project Specializing in Decentralized Exchange Services
DeFi Coin – as the name suggests, specializes in all-things decentralized exchange finance. The team behind this project is building a one-stop shop that will allow users from all over the world to buy, sell, and trade digital tokens without needing to go through a centralized body.
And as such, this effectively allows users to swap tokens on a peer-to-peer basis. The DeFi Coin platform is looking to take things to the very next level – by offering an assortment of reviews, guides, and explainers surrounding the decentralized finance industry.
Moreover, the team is also building an innovative mobile app that will become the go-to place for all information and insight surrounding DeFi tokens. The best way to gain exposure to the success of DeFi Coin is to purchase its native digital asset – DEFC.
4. Polkadot – Leading Cryptocurrency Offering Blockchain Interoperability Solutions
Another digital asset that many market commentators believe could be the best cryptocurrency to buy in 2023 is Polkadot. In its most basic form, Polkadot has created a revolutionary protocol that solves the issue of blockchain interoperability.
For those new to this concept, this simply means that through interoperability, competing blockchains have the capacity to communicate with one another. For example, as Bitcoin and Ethereum both operate on independent blockchains, there is no way to transfer data between the two networks.
This is where Polkadot steps in – as the underlying technology bridges the interoperability gap without requiring a centralized third party. In terms of its native digital token – DOT, CoinMarketCap notes that the token first hit public exchanges in mid-2020 at a price of just under $3.
At its most recent peak in August 2021, Polkadot hit highs of $55. And as such, in just over 12 months of trading, DOT tokens increased in value by more than 1,700%. Like most digital currencies, the value of DOT has since retracted – so discounted prices are available.
5. Cardano – Promising Cryptocurrency Backed by Scientific Research
Cardano aims to differentiate itself from other blockchain protocols, insofar that the team behind the project focuses exclusively on mathematical principles and scientific research. Although this has resulted in a slow-and-steady approach to its development, the general consensus is that Cardano is primed to be a significantly more efficient protocol than Ethereum.
For instance – and as noted earlier, Ethereum is still capped at a maximum throughput of 15/16 transactions per second. Cardano – although still a work-in-progress, aims to achieve scalability levels of over 1 million transactions per second.
If it is able to reach this feat, then Cardano could be the most powerful and scalable blockchain network in this industry. Moreover, much like Ethereum and Solana, Cardano is able to facilitate smart contract agreements.
In terms of its token value, Cardano was available to purchase at less than $0.03 back in late 2017. Since then, Cardano and its ADA token have hit highs of $3.10. This represents a growth of over 10,000%.
6. BNB – Large-Cap Cryptocurrency Facilitates BSc Transactions
BNB is home to one of the greatest success stories in the cryptocurrency scene – and the digital token is showing no signs of slowing down. In a nutshell, BNB was created by Binance in 2017 as a means to incentivize traders using its exchange.
This is because by holding a minimum allocation of BNB tokens, trading commissions are reduced. However, BNB has since gone on to achieve new heights – not least because of the Binance Smart Chain.
This blockchain network facilitates decentralized projects – of which there are thousands. This includes the aforementioned Lucky Block token. Crucially, in order to buy a newly listed token via the Binance Smart Chain, BNB is required.
And as such, this gives BNB real-world usage and more importantly – ensures that the digital asset remains in high demand. These factors have resulted in BNB becoming one of the most valuable cryptocurrencies in terms of market capitalization.
When it comes to past performance, BNB has increased in value by over 10,000% since it was launched in 2017. In 2021 alone, the price of BNB saw gains of over 700%.
7. Decentraland – Virtual Gaming World With Tradable Items
Decentraland is both a game and online community that allows users to navigate through a virtual world. Players can personalize their virtual character, chat with other users, and even buy land with the view of building real estate.
This concept has taken the cryptocurrency world by storm, not least because virtual land and real estate have since resulted in 6 and 7-figure sales on the open marketplace. For example, Fashion Street Estate within Decentraland has since sold for over $2 million.
In terms of investing in this project, all transactions that take place in Decentraland are fueled by the game’s in-house digital token – MANA. When MANA was first listed on public exchanges in late 2017, CoinMarketCap notes that a single token was trading for just $0.025.
MANA has since gone on to achieve all-time highs of almost $6. This means that those investing in the Decentraland project when it was first launched have since witnessed gains of nearly 24,000%.
8. FTX – Huge Derivatives Exchange With Billions of Dollars in Daily Volume
FTX is an online trading platform that specializes in cryptocurrency derivatives. This allows traders to access highly sophisticated cryptocurrency products – such as leverage positions and short-selling opportunities.
Although similar products are available at exchanges like BitMEX, FTX operates in a fully-regulated manner. As such, the platform has the legal remit to accept fiat deposits and withdrawals in the form of debit and credit cards.
Just like Binance, FTX has since launched its very own native token – which trades under the cryptocurrency ticker symbol FTT. The token has quickly solidified itself as a top-30 cryptocurrency in terms of market capitalization,
Looking at the past performance of the FTX token, early-bird investors were able to pick up a bargain in 2019 at just $1.80 per token. FTX last hit an all-time high of $85 in late 2021. This translates into growth of over 4,600%.
9. XRP – Leading Network for Interbank Transactions
Launched in 2012, XRP is one of the most established digital tokens on our list of the best cryptocurrencies to invest in for 2023. This project has a specialist target market – large banks and financial institutions.
In a nutshell, Ripple solves the issue of slow and expensive interbank transactions throughout its lightning-fast blockchain network. That is to say when institutions send and receive funds via Ripple, transactions take just a few seconds.
Moreover, in terms of transaction fees, this amounts to a tiny percentage of $0.01. Another huge benefit that Ripple offers to financial institutions is that its native token – XRP, acts as a bridge of liquidity when competing currencies are being used.
Under normal circumstances, exotic currencies struggle to find liquidity in the open marketplace, which results in expensive interbank transaction fees. This is because financial institutions are required to use corresponding banks.
10. Stakemoon – The Future Home of Staking Services
Stakemoon is a relatively new digital asset, with the project first being formed in late 2021. In its most basic form, the team behind Stakemoon is in the very late stages of releasing a decentralized platform that will allow users to earn interest on their idle cryptocurrencies.
This is made possible through the art of ‘staking’, which is a process that involves locking tokens up for a certain period of time, to help fuel a specific proof-of-staking network. In turn, those that engage in staking will be paid a rate of interest on their locked tokens.
The Stakemoon platform itself will be home to a significant number of PoS coins, meaning that the protocol could become the go-to hub for all-things staking. As the Stakemoon token has only been trading for a short period of time, you can enter the market at a highly favorable price.
11. Yearn.finance – Decentralized Investment and Loan Services With a Limited Token Supply
Next up on our list of the best cryptocurrencies to invest in 2023 is Yearn.finance. This is yet another project that is looking to take the concept of decentralized finance by the horns. Put simply, the Yearn.finance platform allows users to engage in investments and loans without needing to use a centralized party.
At one end of the transaction, those looking to earn interest on their cryptocurrency holdings can deposit tokens into the Yearn.finance platform. These tokens will then be used to facilitate loans.
Those looking to borrow funds will first need to put up a percentage of the agreement as collateral. And, the end-user will be required to pay interest on the funds borrowed, which are subsequently distributed to investors.
If you like the sound of this concept, there is a very limited supply of fewer than 37,000 tokens Yearn.finance tokens in the open market. And as such, this has resulted in Yearn.finance trading for tens of thousands of dollars. You can, however, purchase a very small unit of one token.
12. Bitcoin – De-Facto Cryptocurrency and Market Leader
Bitcoin is by far the most recognized cryptocurrency of choice. Not only was it the first blockchain network to hit the market, but its native BTC token is the largest cryptocurrency in terms of market capitalization.
In fact, Bitcoin has since surpassed a total market capitalization of over $1 trillion, which makes it more valuable than virtually all companies listed on the S&P 500. On the one hand, Bitcoin has already achieved growth in the millions of percentage points.
And as such, you will likely not experience growth of this magnitude again. However, Bitcoin – as the de-facto cryptocurrency of choice with both retail and institutional clients, is now viewed by many as a store of value.
This means that as the wider stock markets are down – and inflation continues to rise, some investors will turn to Bitcoin as part of a hedging strategy. Another thing to note is that Bitcoin has since dropped by over 50% since its highs of $69,000 – so you can invest at a much more favorable price.
13. Stellar – Sleeping Giant Offering Cheap and Fast Cross-Border Remittance Payments
Stellar is a cryptocurrency and blockchain technology project that was first launched in 2014. The underlying network code is virtually identical to that of Ripple, insofar that transactions take just seconds to process and fees are extremely low.
However, Stellar largely targets consumers as opposed to large banks and financial institutions. That is to say, people from any country can send currency from one location to another without needing to pay extortionate remittance fees.
On the contrary, a Stellar transaction costs a fraction of one cent – regardless of where they send and receive are based – and the specific currencies being used. This is because the network’s native token – Lumens, provides liquidity in real-time, so transactions take just seconds to process.
In terms of past performance, Stellar Lumens has experienced huge volatility since it was launched, with various highs and lows encountered over the prior few years. As such, this is something to consider before parting with any funds.
14. The Graph – Unique Blockchain Indexing Tool to Solve Over Bloated Networks
Blockchain networks are required to process and store a significant amount of data. And in turn, this has the undesired impact of overloading the network, which can result in slower and more expensive transactions.
The Graph – which was founded in 2018, was created specifically for this problem. Put simply, The Graph protocol allows blockchain networks of all shapes and sizes to automatically have data indexed. In doing so, this increases the efficiency levels of the respective network.
The Graph protocol is backed by the GRT token, which is required to make use of its indexing tool. More than 25 networks have since adopted The Graph for their indexing solutions – which include the likes of Uniswap and Aave.
15. Dogecoin – Cheap Cryptocurrency That Could Have One More Pump Left
Dogecoin is a digital currency that was first launched way back in 2013 as a joke. Since then, the blockchain asset has achieved a multi-billion dollar market capitalization. In 2021, Dogecoin was one of the most in-demand cryptocurrencies, not least because Elon Musk endorsed the project on multiple occasions.
Musk argues that in comparison to Bitcoin, Dogecoin is a lot more suitable as a payments network. This is because Dogecoin offers faster and cheaper transactions than its Bitcoin counterpart.
Since Musk publicly stated his interest in Dogecoin in early 2021, the digital currency experienced rapid price growth. For instance, had you purchased Dogecoin tokens at the start of 2021, you would have paid less than $0.006 per token.
Over the course of the next few months, Dogecoin surpassed a price of $0.70. The project has, however, seen its token value drop to as low as $0.12 since its prior highs. With that said, if Musk once again decides to publicly promote Dogecoin, at current prices, this could be one of the best cryptocurrencies to invest in 2023.
16. Basic Attention Token – Revolutionizing the Digital Advertising Space
The internet is jam-packed with annoying ads that market products and services that we have no interest in seeing. Moreover, even if the ad is of interest, all of the proceeds paid by the respective marketing agency go straight to the platform hosting the content – e.g. Google or Facebook.
This is where Basic Attention Token and its Brave web browser aim to revolutionize the digital advertising space. In its most basic form, the Brave browser initially blocks unwanted ads and pop-ups – subsequently allowing you to surf the web in a safe and private manner.
Users of Brave do, however, have the option of viewing relevant ads. And, in doing so, users will be rewarded in the form of Basic Attention Tokens. At the other end of the process, digital marketing agencies pay to have their ads shown to the right audience.
From their perspective, this means that they are allocating much-needed marketing funds to people that are actually interested in their products or services. If you like the sound of this concept, Basic Attention Token – otherwise referred to as BAT, can be purchased from dozens of online exchanges.
17. Ethereum – Migration to Ethereum 2.0 Could be a Game-Changer
We mentioned earlier that both Solana and Cardano are now direct competitors of Ethereum in terms of becoming the de-facto smart contract protocol. However, the fact of the matter is that Ethereum is still by far the largest player in this industry.
And, perhaps most importantly, although Ethereum might be less efficient than other smart contract platforms, the project will eventually complete its migration to proof-of-stake. In what the project calls Ethereum 2.0 – this will take the blockchain network to the next level.
Not only does this include lower fees and faster transactions, but significantly more capacity in terms of scalability. When the migration does eventually become a reality, the likes of Solana and Cardano could very quickly become irrelevant.
18. The Sandbox – Decentralized Gaming Community
The Sandbox is a blockchain project that is aiming to decentralize the gaming community through its DAO (Decentralized Autonomous Organization) mode. Players engaging with The Sandbox can buy, sell, and trade in-game items via the project’s native token – SAND.
This digital currency has performed very well over the prior year. At the turn of 2021, you would have paid just $0.05 for a SAND token.
In November of the same year, SAND has breached a price of $8.40. This means that in less than a month of trading, SAND investors witnessed gains of over 9,000%.
19. Dash – Leading Privacy Token With Fast Transactions
Although leading cryptocurrencies like Bitcoin are also referred to as anonymous, they are actually pseudonymous. This means that while transfers are not tied to the user’s real-world identity, there is still a trial of transactions available on the public ledger.
Dash, on the other hand, is truly private digital currency – as all transactions carried out are 100% anonymous. Not only that, but Dash is able to process transactions in less than two seconds, which is considerably faster than the 10 minutes required by Bitcoin.
20. Shiba Inu – Low-Cost Cryptocurrency With Huge Community
Shiba Inu was launched in 2020 by an anonymous developer, or group of developers, known as Ryoshi. The main concept of this project was to give people who missed out on Dogecoin the opportunity to invest in a hyped meme token.
Fast forward to 2023 and Shiba Inu is now a top-20 cryptocurrency in terms of market capitalization. Over the course of 2021, Shiba Inu was one of the best-performing tokens in this market, with gains of over 70 million percent.
How to Pick the Best Cryptocurrencies to Invest in 2023
This market insight has analyzed 20 of the best cryptocurrencies to invest in for 2023. And as such, you now have a range of blockchain projects to consider.
However, this trading arena is best approached by conducting your own independent research. This will ensure that a project is right for your goals and risk tolerance.
In the sections below we offer some handy tips on how to pick the best cryptocurrencies to buy in 2023 for your portfolio.
Established or Growth Cryptocurrency Project?
The first thing to consider is whether you are looking to invest in an established cryptocurrency or a project that is still in its growth phase. Both options come with pros and cons.
- For instance, by investing in an established cryptocurrency like Bitcoin, you know that you are buying a token that has a 12-year track record in this space.
- Not only that, but Bitcoin has already surpassed a valuation of $1 trillion.
On the other hand, you might also consider buying a digital token that is still in its growth phase. This could give you the best opportunity to target above-average returns.
For example, Lucky Block – which came out as the overall best cryptocurrency to invest in for 2023, increased in value by over 1,000% during its first week on Pancakeswap.
Returns of this magnitude are less likely with projects that have already amassed a huge market capitalization.
Regardless of whether you are investing in a project that is established or new, it’s wise to consider the risks of gaining exposure to a cryptocurrency that is backed by an anonymous team.
- For instance, we mentioned earlier that Shiba Inu was one of the best-performing cryptocurrencies last year.
- However, the fact of the matter is that the project was created by an anonymous developer(s).
- And as such, you never quite know what the future holds with such a project.
On the other hand, you then have projects like Lucky Block and Cardano, which are run by a team of fully-doxxed individuals. This gives you the confidence that you are investing in a project with a public face.
Many seasoned traders will argue that the best cryptocurrencies to invest in for 2023 are those with a small-to-medium market capitalization. And, the reason for this is that the upside potential is going to be more attractive than a large-cap project.
For example, if Ethereum carries a market capitalization of over $300 billion, this means that to achieve a target growth margin of 10x, the project would need to increase its valuation to over $3 trillion.
Although not impossible, this is going to be a lot more difficult to achieve than a project with a valuation of just $200 million, for instance. On the other hand, projects with a smaller market capitalization are prone to wilder volatility swings.
What is the Concept of the Project?
The best cryptocurrencies to invest in 2023 are those with an achievable concept that has the potential to solve real-world problems.
For example, Lucky Block is looking to take lottery games away from state-franchise bodies. It will achieve this goal by globalization and decentralizing the lottery industry through blockchain and smart contract technology.
However, there are many cryptocurrency projects in this space that are nothing more than meme coins. This simply means that the cryptocurrency has no real-world use case and thus – it offers nothing proprietary.
A cryptocurrency project might have the most efficient blockchain network or solve a range of real-world issues. But, if nobody knows about the concept, then it will remain on the sidelines. After all, there are more than 17,000 cryptocurrency tokens listed on CoinMarketCap.
With this in mind, the best cryptocurrencies to buy in 2023 are those that have a clear marketing strategy outlined. This should have the potential to get the project outlined to the masses – subsequently resulting in hype.
The tokenomics of a cryptocurrency project is absolutely crucial. This refers to two key figures. First, assess what the total supply of the cryptocurrency is.
- For example, Lucky Block has a total supply of 100 billion tokens – and no more will ever be created.
- Similarly, Bitcoin will be capped at 21 million tokens.
- The key point here is that by having a limited supply, the cryptocurrency cannot suffer from manipulation or inflation.
Some cryptocurrency projects, on the other hand, have not installed a cap on the total supply – meaning that investors face the risk of having their share diluted over time.
The second figure to be aware of is the number of tokens in circulation at present, in comparison to the total supply. For example, XRP has a total supply of 100 billion tokens. However, at the turn of 2023, just over 47 billion tokens are in circulation.
This means that the team behind XRP holds almost 53% of the entire supply. If and when these tokens are released into circulation, this will have a negative impact on the value of XRP.
How to Buy the Best Cryptocurrencies for 2023?
If you’ve read this guide up to this point, you should now have an idea of which cryptocurrencies to add to your investment portfolio. If so, now it’s just a case of completing the purchase of your chosen digital tokens.
For this process, you effectively have two options.
Pancakeswap – For New Cryptocurrencies
Many of the best cryptocurrencies to invest in for 2023 – such as Lucky Block, are brand new projects that operate on top of the Binance Smart Chain.
If this is the case, then the token will likely be available to purchase via Pancakeswap.
Here’s what you need to do:
Step 1: Get Trust Wallet
Trust Wallet – which comes in the form of a mobile app, not only connects directly to the Pancakeswap exchange – but it supports tokens on the Binance Smart Chain.
As such, this is the best wallet to utilize when buying tokens like Lucky Block. Once you have downloaded the Trust Wallet app to your mobile, create a PIN and write your backup passphrase down.
Step 2: Transfer BNB and Swap to Smart Chain
The only way to buy tokens listed on Pancakeswap is with BNB. As such, you will need to transfer BNB tokens into your Trust Wallet.
On arrival, you then need to swap the tokens over to the Smart Chain. You can do this by clicking on ‘Swap’ followed by ‘Swap to Smart Chain’.
Step 3: Connect to Pancakeswap
Now that you have BNB on the Smart Chain via your Trust Wallet, you can now connect to Pancakeswap.
You can do this by clicking on ‘DApps’ followed by ‘Pancakeswap’.
Step 4: Enter Smart Contract Address
By default, Pancakeswap only shows up a small list of large-cap tokens from its range of supported cryptocurrencies.
As such, you will need to paste in the unique contract for the token you are looking to buy. You can normally get this from the Telegram group of the respective cryptocurrency project.
Step 5: Buy Cryptocurrency
Now it’s just a case of entering your stake. You can do this by deciding how many BNB tokens you want to swap for the respective cryptocurrency. In doing so, the equivalent amount of tokens in the ‘You Get’ field will update.
You might also need to click on the settings cog button to change the slippage. Each project on the Binance Smart Chain will have its own stipulated slippage amount – so be sure to check this out. Lucky Block, for instance, suggests 12-14%.
Step 6: View Tokens in Trust Wallet
Now that you have purchased your chosen cryptocurrencies, close the Pancakeswap DApp to return to Trust Wallet.
In the top-right-hand corner of the page, press the button with two lines and a small circle at each end. Then, scroll down and click on ‘Add Custom Token’, before pasting in the contract address for the respective cryptocurrency.
This will then allow you to view your newly purchased digital tokens in your Trust Wallet.
eToro – For Established Cryptocurrencies
If you think that the best cryptocurrencies to invest in for 2023 are those with an established status – then the project in question is likely listed on a major centralized exchange.
If this is the case, the process of making an investment could not be easier.
- Choose Platform: Head over to CoinMarketCap to see which exchanges and brokers your chosen cryptocurrency is listed on. Pick the one that suits your investment profile.
- Open Account: Next, open an account with your chosen broker.
- KYC: Assuming you want to use a debit/credit card or bank account transfer to pay for your tokens, you will need to upload a copy of your government-issued ID.
- Deposit Funds: Deposit the minimum amount of capital required by your chosen platform.
- Search for Cryptocurrency: Your chosen broker will likely offer a search facility. Enter the name of your chosen cryptocurrency to proceed.
- Set up Order: Finally, enter your desired stake and place a buy order.
You can then leave your newly purchased cryptocurrency tokens in your web wallet – which is offered by your chosen broker or exchange. Or, if you want to retain full control of your private keys, withdraw the tokens to a private wallet.
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Best Cryptocurrency to Invest in 2023: The Verdict?
In reading this comprehensive market insight, you should now know which cryptocurrency to buy for your portfolio. This insight has covered 20 of the best cryptocurrencies to invest in for 2023, albeit, it’s still important that you do your own research.
In summary, we like the look of Lucky Block in terms of the overall best cryptocurrency to buy in 2023 – not least because its concept of revolutionizing and decentralizing the global lottery industry is unique.
Moreover, Lucky Block is still at the very start of its blockchain journey, so you can invest in this digital token at a favorable entry price.