There are many different cryptocurrency types on the market. Currently, there are 5877 different coins listed on CoinGecko. These are just the ones that made the list, which means there are even MORE cryptocurrencies out there. Many people believe that all cryptocurrencies serve the same purpose, but this couldn’t be further from the truth. There are many different types of crypto on the market, each with a unique goal and purpose.
Today’s video will discuss the different types of cryptocurrency and the varying purposes of crypto. Not every coin was created to serve as an alternative to traditional currency. Find out all of the different uses of crypto and their functions. Knowing the different types of crypto will help you make better financial decisions when deciding which coins to invest in.
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.