Top 10 Cryptocurrencies to Invest in March 2022 for High Returns

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All major cryptocurrencies are in the green today. The global crypto market is about to hit US$2 trillion again.

With the crisis of the Russian-Ukrainian war, cryptocurrencies were trading in the red. But the start of March brought good news for many crypto investors. As all major cryptocurrencies are in the green today, the global crypto market is poised to hit US$2 trillion again. Cryptocurrency is becoming the first investment choice for many young investors. Be it a fledgling start-up or a business giant, everyone is widely adopting cryptocurrency. The cryptocurrencies chosen for long-term investments are usually those with high investment rates, high trading volumes and liquidity. This article presents the top 10 cryptocurrencies to invest in, in March 2022, for high returns.

Bitcoin

The king of all cryptocurrencies reigning over the entire crypto market, Bitcoin is the original cryptocurrency created in 2009 by an anonymous group by the name of Satoshi Nakamoto. Like most cryptocurrencies, Bitcoin runs on a blockchain, which is a network of thousands of computers that verifies transactions in real time without interference from middlemen. It is the first choice of all crypto investors and that makes it one of the best cryptocurrencies to invest in, in March 2022 for high returns.

Ethereum

The Ethereum blockchain is an open-source public blockchain, and it allowed the end user to run custom code with its smart contract feature. The Ethereum blockchain has its cryptocurrency called Ether. Ether is the fuel of the network which uses it in the form of payment or fees for performing any transaction. Blockchain intentionally uses cryptocurrency to avoid wasted code and stay healthy.

Litecoin

The third coin in the list is almost identical to Bitcoin, but with a few minor changes. It is an open-source and peer-to-peer cryptocurrency. Also, it can be used as a script-based consensus network, which makes it different from Bitcoin’s mechanism. It is one of the best cryptocurrencies to invest in, March 2022 for high returns.

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Cardano is touted as the “eco-friendly” cryptocurrency as it aims to avoid the energy-intensive parts of the mining process seen with Bitcoin. It is the first major cryptocurrency based on the “proof of stake” model. This model allows owners to stake coins and create their own validation nodes.

Solana

Developed to help power the uses of decentralized finance (DeFi), decentralized applications (DApps) and smart contracts, Solana operates on unique hybrid proof-of-stake and proof-of-history mechanisms that help it process transactions quickly and securely. SOL, Solana’s native token, powers the platform.

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Polkadot is one of the most popular cryptocurrencies in the crypto market. The low fees and higher speeds that the Polkadot network offers, compared to other cryptocurrencies, make it a number one choice for crypto investors. Polkadot is perhaps the best of the rest when it comes to scalability.

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Tether is useful for crypto investors because it offers a way to avoid the extreme volatility of other cryptocurrencies. This creates liquidity for exchanges, creates cost-free exit strategies for investors, and adds flexibility and stability to investors’ portfolios. It is one of the best cryptocurrencies to buy in March 2022.

Binance Coin

Binance Coin is a product of the Binance exchange. Binance is one of the largest cryptocurrency exchanges by trading volume. It supports over 100 cryptocurrencies to trade. BNB coin is used to perform certain operations on the Binance exchange, such as exchange fees, withdrawal fees, and listing fees. The Binance team offers a fee discount if the user uses BNB coins to pay the fee.

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This coin emerged when the Bitcoin community split in 2017 over where it should go. Bitcoin Cash may have a lower exchange value than its Bitcoin cousin, but it offers faster transaction speeds at a lower price. It is one of the best cryptocurrencies to buy in March 2022 for higher returns.

Earth

Terra is a blockchain payment platform for stablecoins that relies on maintaining a balance between two types of cryptocurrencies. Terra-backed stablecoins, such as TerraUSD, are pegged to the value of physical currencies. Their counterpoise, Luna, powers the Terra platform and is used to mint more Terra stablecoins.

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