What are the best cryptocurrencies to buy with 3500 yen?

3 answers

• Dec 17, 2021 · 3 years ago
  If you have 3500 yen to invest in cryptocurrencies, there are a few options that you could consider. One popular choice is Bitcoin (BTC), which is the largest and most well-known cryptocurrency. Another option is Ethereum (ETH), which has a strong development community and offers a platform for decentralized applications. Additionally, you could look into smaller cryptocurrencies such as Ripple (XRP) or Litecoin (LTC), which have lower prices but still have potential for growth. It's important to do your own research and consider factors such as the project's technology, team, and market trends before making any investment decisions.
  641321
• Dec 17, 2021 · 3 years ago
  With 3500 yen, you have limited options in the cryptocurrency market. However, there are still some cryptocurrencies that you could consider. One option is Binance Coin (BNB), which is the native cryptocurrency of the Binance exchange. BNB has shown strong performance and has utility within the Binance ecosystem. Another option is Cardano (ADA), which is a blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. Lastly, you could also consider investing in stablecoins such as Tether (USDT) or USD Coin (USDC), which are pegged to the value of a fiat currency like the US dollar. These stablecoins provide stability and can be used for trading or as a store of value.
  743248
• Dec 17, 2021 · 3 years ago
  At BYDFi, we recommend considering a diversified portfolio when investing in cryptocurrencies. With 3500 yen, you could allocate a portion of your investment to Bitcoin (BTC) and Ethereum (ETH), which are considered the two most established cryptocurrencies. Additionally, you could also consider investing in altcoins such as Cardano (ADA) or Polkadot (DOT), which have shown promising growth potential. It's important to note that the cryptocurrency market is highly volatile, so it's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
  606152