What are the most popular altcoins used for online payments?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to altcoins used for online payments, Bitcoin (BTC) and Ethereum (ETH) are undoubtedly the most popular choices. Bitcoin, being the first and most well-known cryptocurrency, has gained widespread acceptance and is supported by numerous online merchants. Ethereum, on the other hand, offers smart contract capabilities, making it a preferred choice for decentralized applications and online platforms that require programmable money. Both Bitcoin and Ethereum have established themselves as reliable and widely accepted options for online payments.
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• Dec 18, 2021 · 3 years ago
  In addition to Bitcoin and Ethereum, other altcoins like Litecoin (LTC) and Ripple (XRP) are also commonly used for online payments. Litecoin, often referred to as the silver to Bitcoin's gold, offers faster transaction confirmation times and a different mining algorithm. Ripple, on the other hand, is known for its fast and low-cost international money transfers. These altcoins provide alternative options for online payments, catering to different needs and preferences.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we believe that the most popular altcoins used for online payments are Bitcoin, Ethereum, and Binance Coin (BNB). Bitcoin and Ethereum have already established themselves as leading cryptocurrencies, while Binance Coin has gained popularity due to its utility within the Binance ecosystem. BNB can be used to pay for transaction fees on the Binance exchange and offers additional benefits to Binance users. With the increasing adoption of cryptocurrencies, these altcoins are likely to continue being popular choices for online payments.
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