Which cryptocurrency can I buy with 120,000 Philippine pesos?

3 answers

• Dec 15, 2021 · 3 years ago
  With 120,000 Philippine pesos, you have several options for buying cryptocurrencies. One popular choice is Bitcoin (BTC), the first and most well-known cryptocurrency. Another option is Ethereum (ETH), which has gained popularity for its smart contract capabilities. Ripple (XRP) is also worth considering, as it offers fast and low-cost international money transfers. Additionally, you may want to look into Litecoin (LTC), which is often referred to as the silver to Bitcoin's gold. Remember to do your own research and consider factors such as market trends and your investment goals before making a decision.
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• Dec 15, 2021 · 3 years ago
  If you're looking for a more speculative investment, you could consider buying altcoins with your 120,000 Philippine pesos. Altcoins refer to any cryptocurrency other than Bitcoin. Some popular altcoins include Cardano (ADA), Binance Coin (BNB), and Chainlink (LINK). These coins have shown potential for growth, but it's important to note that they also come with higher risks. Make sure to diversify your portfolio and only invest what you can afford to lose.
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• Dec 15, 2021 · 3 years ago
  At BYDFi, we recommend considering Ethereum (ETH) as a good cryptocurrency to buy with your 120,000 Philippine pesos. Ethereum is not only a well-established cryptocurrency, but it also has a strong development community and a wide range of use cases. It powers decentralized applications (DApps) and enables the creation of smart contracts. With its potential for growth and innovation, Ethereum could be a promising investment for you.
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