Are you looking best cryptocurrency to buy for 2020 which consist of huge potential to grow and succeed in the future? so you are the right place I will show you the 7 best cryptocurrency to buy now for 2020 as long term investment.
Things to consider before buying any cryptocurrency
- Do your own research
- Invest the money that you can afford to lose
- Diversify the cryptocurrency portfolio
- Don’t keep cryptocurrency on an exchange
7 Best cryptocurrency to buy for 2020
01. Ren - Liquidity, unchained
Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain that is formerly known as Republic Protocol.
Ren primarily solves the interoperability and privacy issues facing current decentralized applications. These issues solve through the RenVM that consists of secure and private decentralized dark nodes. As an example you can’t trade Bitcoin on Ethereum based decentralized applications without relying on the third party, in this case, Ren enables connecting cross blockchains with securely and private manner and it brings new kind of liquidity into the existing ecosystem.
RenVM is powered by the dark nodes which are decentralized and spread over the world and anyone one can become the node. Darknode operator will earn the fees powering the nodes. To become node operator, you need to buy 100,000 REN tokens and stake as collateral and VPS running the REN dark node software.
Ren allows the integrating existing decentralized applications; Value of REN token will increase over time integrating more decentralized applications.
Buy REN token on Binance
02. Reserve protocol - a decentralized global reserve currency
Reserve protocol is a decentralized stable coin system which is stabilized the Reserve token (or RSV token). There is are three cryptos available which are Reserve Rights (RSR token), Reserve Token and Collateral tokens.
Initially, Reserve token is stable coin pegged to US dollar. Reserve Rights token price fluctuates and primary function is governing the RSV token. Collateral tokens consist of tokenized assets, currencies, commodities and bonds.
Long term vision is becoming the global reserve currency used for payment, cross border payment, online merchant payments, etc.
The team consists of top people who were worked in top companies such as Google, IBM, Tesla, OpenAI, etc.
The project was fund by top Silicon Valley investors such as Coinbase Ventures, Peter Thiel one of the co-founders PayPal, Sam Altman and many more.
Main net and Mobile payment app will be released in next year.
Buy RSR token on Hotbit
03. Chainlink - a decentralized oracle network
Chainlink is decentralized oracle network that connects blockchain-based smart contracts to the external payment networks, data, and real-world events.
In traditional smart contract needs reliable middleware to connect external data, payment networks, and real-world events. There is huge risk to failure the middleware where the solution is secure, decentralized oracle network that provides the Chainlink.
Chainlink project has partnered with top companies such as Google, Oracle, SWIFT, Gartner to build next-generation enterprise-grade oracle networks.
Chainlink has top management team as wells as tec team.
Buy LINK on Binance
04. Basic Attention Token (or BAT) - a decentralized digital advertising ecosystem
Basic Attention Token consists of attention based digital advertising platform on Ethereum blockchain where attention measure through inbuilt ledger system and compensating the users the unit of BAT.
If you are more interested, refer to What is Basic Attention Token.
Buy BAT token on Binance
05. Tezos - a platform for smart contracts and dapps
Tezos is a new platform for smart contracts and decentralized applications.
Tezos blockchain solves the current governing issues faced by the current existing blockchains such as Ethereum, Bitcoin, etc which helps to keep the community together.
They have more than 30,000 active community and there are so many Tezos related organizations such as
Tezos is proof of stake coin which enables the staking the Tezos currently, Coinbase custody service enables staking for institutional-grade investors.
Buy Tezos On Coinex
06. Elastos - a blockchain-based internet infrastructure
Elastos is a decentralized, blockchain-based internet infrastructure where infrastructure includes developer tools such as runtime, carrier, did, hive, mainchain, side chain, consensus, and ELA token. These technological tools can be used to build secure, amazing decentralized applications with any programing language.
Elastos consists of open source code where anyone can contribute the code and build new kind of applications.
Elastos has established community organization to govern the future of Elastos which is called the Cyber Republic.
Elastos includes the top-notch development team over 100 people. Elastos consists of a good community providing frequent updates, news, etc.
Buy Elastos(ELA) on Coinex
07. Theta - a decentralized video streaming platform
Theta network is decentralized, video streaming platform powered by blockchain technology.
Primarily Theta Network consists of two key things which are Theta video delivery network and Theta blockchain. Theta video delivery network is responsible for the best delivery the video streaming and the Theta blockchain responsible for the transaction happened on Theta network.
Theta network enables high-quality video streaming, viewers rewarding with Theta fuel, cut the cost of video delivering and It fix the current video streaming issues.
Theta network consists of the professional team members and professional advisers from top companies.
Buy Theta on Binance
Disclaimer, please do your own research before making any investment and this is not investment advice.
