Cryptocurrency

Top 5 Cryptos with High Trading Volume

Swathi Kashettar

In this article, we gathered the top 5 cryptos with trading volume for investors who are seeking to invest in February 2023

As the use of digital currency grows, more alternatives become available. Currently, there are more than 22,000 cryptos available. The top 5 cryptos with high trading volume that are secure for investments are suggested in this post.

  1. Bitcoin: According to market capitalization, Bitcoin is the first among the top 5 cryptos with the highest trading volume and is the most extensively used payment method. Currently, the trading volume of Bitcoin is 26.63 billion
  2. Ethereum- Ethereum is the second-largest cryptocurrency and is renowned for its decentralized platform, which permits the development of decentralized applications and smart contracts. Currently, the trading volume of Ethereum is 8.43 billion.
  3. XRP- XRP may be exchanged on a variety of cryptocurrency exchanges and has recently been the focus of heated debate and governmental attention. It has a large trading volume of 945.40 million.
  4. Binance Coin: Binance Coin is the native coin of Binance crypto and is used to cover platform transaction costs. It has a large trading volume of 523. 24 million.
  5. Tether: A stablecoin that is linked to the US dollar sees a lot of trading activity since it serves as a reserve for other cryptocurrencies. It has a large trading volume of 40.93 billion.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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