Best Crypto for Beginners – Picking Your First Crypto

Looking for the best crypto for beginners can be overwhelming, especially if you’re new to the cryptocurrency market. Therefore, having the right information can make all the difference.

This guide is specifically designed for crypto newbies who are interested in diving into the world of cryptocurrency, but don’t know where to start.

We’ve listed 15 of the best beginner crypto to buy right now, based on their price potential, liquidity, and most importantly, their accessibility and suitability for those starting in this field.

Let’s begin.

A Closer Look at 2023‘s Best Crypto for Beginners

Being a crypto beginner and investing in cryptocurrency doesn’t need to be complicated. All of the coins listed above can be purchased seamlessly using a laptop, smartphone, or tablet. Furthermore, many of them are still in the early stages of their life span – making them ideal for long-term investors.

Without further ado, let’s dive in and explore the best beginner crypto in the market today:

1. Wall Street Memes – Top Meme Crypto Offering 100% of the Token Supply to the Community

Wall Street Memes ($WSM) is one of the top new meme tokens to watch. In May 2023, Wall Street Memes released $WSM, the native token, on presale. The presale has since concluded, and has raised more than $25 million.

Over the last few years, Wall Street Memes has amassed a following of over 1 million people across social media platforms such as Twitter and Instagram. In 2021, this platform launched its own legacy NFT project, Wall St Bulls. The first NFT collection sold 10,000 Ethereum NFTs in only half an hour. 

The platform’s token is $WSM which is currently priced at $0.024556, while it is expected to reach a price of $0.5 by 2030. Apart from that, this ERC-20 token comes with exclusive benefits for holders, as well as a casino integration. The token can also be staked, and a minimum of 10% will be bought back to support the price of the token.

After the listing takes place, this token has the potential to rise due to the community’s popularity. Join the Wall Street Memes Telegram group for more updates on this project.

2. AiDoge ($AI) – AI-Based Meme Token To Invest in Right Now

AiDoge is one of the best crypto to invest in for beginners because it effectively combines a complicated piece of technology — artificial intelligence (AI), and a simple concept created for fun — memes. As the project’s whitepaper explains, the platform does this with its unique AI-driven meme generation mechanic that lets you create complex memes using only written prompts. 

This makes the crypto extremely beginner-friendly, as everyone can use the system to create potentially viral memes only by asking the platform to design something. Moreover, the project is unique, combining two popular crypto niches — AI and memes. All other cryptocurrencies, like SingularityNet, The Graph, Conflux, and Pepe Coin, go for one or the other. 

AiDoge’s utility is meme generation, but the project also allows voting on these memes. The main dashboard lets you list various memes and vote on them, and in return, you receive prizes in the form of $AI tokens, the project’s native cryptocurrency. 

Meme creators are also rewarded, and those whose memes receive the most votes in a month gain much bigger rewards. You also have to buy tokens to use the platform, which creates a self-sustaining mini-economy that benefits both the project and its users. Holders can also stake their tokens to gain daily rewards that rise the more tokens they stake. This mechanism uses audited staking contracts and other security features to ensure the safety of the entire platform.

Furthermore, if you’ve missed the Wojak and other pumps, AiDoge can be a great substitute. At the time of writing the coin is priced at $0.00000111, and the price is expected to increase to $0.0005 by the end of 2030. 

The team behind the project has decided to stay anonymous, which is typical for meme cryptos and even the leading coins in the world, including Bitcoin. For those who don’t know, the founder of Bitcoin is still a mystery, as Satoshi Nakamoto, the creator, has never been identified.

3. Ecoterra (ECOTERRA) – Sustainable Beginner Crypto Reshaping the Recycle2Earn Industry

Ecoterra is a promising new crypto for beginners designed to bridge the gap that is impeding the mass adoption of eco-friendly practices. The platform has devised an innovative Recycle2Earn system to tackle environmental concerns.

Simply put, the project rewards users instantly for recycling various items, motivating them to choose eco-conscious alternatives.

Ecoterra is presently in its last presale phase, offering tokens at only $0.01 USDT each, enabling early investors to benefit from the discounted rates during this period.  At the time of writing it has raised over $6M. 

By scanning recyclable items using the Ecoterra app, users can earn $ECOTERRA tokens. These tokens can be retained, staked, or used to support green initiatives.

The app encompasses a customized recycled goods marketplace, an environmental footprint tracking social platform, and a carbon offset marketplace. This comprehensive approach fosters global eco-friendly conduct.

Ecoterra’s whitepaper reveals that the application’s AI-driven database enables users to effortlessly identify recyclable materials through scanning.

Subsequently, the app suggests the nearest RVM for appropriate disposal. Users can claim their rewards after recycling by capturing images of their receipts and uploading them to the app.

Ecoterra’s versatile design caters to various industries, including consumer goods, technology, fashion, and hospitality, ensuring a seamless user experience.

To stay informed about the latest updates and Ecoterra’s innovative method of promoting eco-friendly behavior through financial incentives, join the Ecoterra Telegram group.

4. yPredict (YPRED) – AI-Driven Predictive Models Suitable for Beginners

Coming in third on our list is yPredict. The crypto platform uses machine learning and other mathematical techniques to offer dependable predictive models for different industries, including cryptocurrency markets.

Industry experts in data science and ML can utilize the platform to create trading signals and high-quality analytics and earn passive income. The ecosystem uses a token called YPRED, which grants holders free access to the platform.

A streamlined interface makes it easy to buy tokens and use yPredict, even if you have no previous experience with crypto platforms. You can use your tokens to purchase subscriptions to the desired predictive models, which can help you trade other cryptocurrencies successfully with little to no prior knowledge. Furthermore, you can also join yPredict’s Telegram channel to learn more about the platform and stay on top of news and updates.

The DAO voting system ensures that only the best predictive models reach and stay in the marketplace. In addition to buying subscriptions and voting, token holders can also stake their assets to earn a percentage return on all subscriptions on the platform and participate in staking pools and loyalty programs.

As yPredict’s whitepaper suggests, the supply of YPRED tokens is limited to 100 million, and its market cap is set at only $6 million. This means that the token’s value is likely to grow, which makes it a terrific investment opportunity. This is especially true during the presale stages, as you can currently get YPRED for just $0.05 per token.

5. DeeLance (DLANCE) – Decentralized Freelancing Crypto Platform with Ongoing Presale

DeeLance is a decentralized and blockchain-based platform that aims to make freelancing easier and more transparent for freelancers and clients. At the center of this ecosystem is $DLANCE, the native cryptocurrency. 

The first goal of DeeLance is to make freelancing transparent for both parties. DeeLance uses smart contracts and records all activities between freelancers and clients on a public blockchain. Thus, there are no chances of any disputes between the parties.

Furthermore, the freelancing platform uses escrow payment services. This feature requires the client to deposit the funds on escrow, which is later released to the freelancer after the work is completed. Finally, each freelancer can easily transfer the ownership of their work by tokenizing their projects into NFTs. 

The NFT minting process can be conducted on DeeLance’s NFT marketplace. You can mint your work and purchase other popular projects through the marketplace. With DeeLance, freelancers and clients can communicate and collaborate on projects through the metaverse. 

Members can leverage their $DLANCE tokens on the metaverse environment to purchase virtual land. Finally, this cryptocurrency platform also offers some of the lowest fees available. Freelancers and clients are required to pay a commission of 10% and 2%, respectively, far lower than some of the best freelancing agencies present in the market. 

Since crypto payments are accessible, investors can receive payments instantly. To be a part of this ecosystem, one can purchase $DLANCE tokens. Currently, the token is priced at $0.00476353.

Interested readers can learn more about this decentralized ecosystem by reading the DeeLance whitepaper and joining the telegram channel. 

6. Launchpad XYZ (LPX) – All-in-One Beginner-Friendly Gateway to Web3

Another beginner-friendly platform crypto buffs definitely need to check out is Launchpad XYZ. It simplifies the use of Web3 and its services, making it a great option for beginners who want to trade NFTs and other digital assets, get information on the best investment opportunities, and much more.

Due to advances in blockchain and decentralization, Web3 is poised to become the next iteration of the internet, albeit its complexity. This is where Launchpad XYZ comes in, encompassing the most Web3 services of any platform out there and making them accessible to everyone.

In addition to covering various NFT markets, the ecosystem also offers a decentralized exchange, utility token analysis, a play-to-earn hub, and a Metaverse Experience library. According to the whitepaper, it will also launch its proprietary crypto wallet that can give you access to Web3 services and dApps anywhere you go.

Although its presale started in April 2023, Launchpad XYZ has already acquired over $2 million. It is currently in its final presale stage, offering its native LPX tokens for $0.0445 apiece. No matter whether you decide to hold tokens, NFTs, or other digital assets, you’ll always have full control over them, thanks to the decentralized nature of the platform.

In addition to that, since Launchpad is unique in its approach and the number of Web3 integrations it offers, its popularity is likely to skyrocket. The best way to stay up to date with news and development regarding the platform’s status is to join its Telegram channel.

7. Anarchy — Meme Crypto Coin With a Goal to Revolutionize the Unjust Financial Market

The next on our list of best crypto for beginners is Anarchy — a meme cryptocurrency project designed to challenge and transform the unfair financial markets. Namely, as the platform’s mission statement explains, Anarchy was devised as a response to inefficient governments and corrupt financial systems that benefit the rich and work to the detriment of the average citizen.

Anarchy tends to correct this and tip the balance in the favour of the “little guy” by using memes to make fun of the unjust system and harnessing the power of the community to make a change. One of the ways it aims to achieve its goals is by utilizing the DAO governance system, which allows users to voice their concerns and vote on problem solutions, putting control and power in the hands of community members.

The platform funds its DAO wallet with 4.5% of every transaction made on its network. It then gives its token holders the opportunity to vote, deciding how the treasury funds will be spent each month. 

The project’s native token $ANA is also a deflationary currency, with 0.5% of each transaction being burned forever. This creates increased token scarcity over time, which, in turn, makes it more valuable.

There is a total of 69,420,000,000 $ANA tokens in circulation. 80% of these are designated for sale, while 20% is preserved to maintain the project’s liquidity. $ANA tokens are currently in their final presale stage, featuring a price of just $0.0003. You can join Anarchy’s official Telegram channel to be the first to learn about news and updates on the project. 

8. Tamadoge (TAMA) – Meme Token for Beginners with P2E Rewards

One of the best starter crypto projects to consider is Tamadoge. Tamadoge describes itself as a ‘play-to-earn Dogecoin’, looking to leverage the remarkable popularity that ‘meme coins’ have generated over the past year. Within the Tamadoge ecosystem, players can mint ‘Tamadoge pets’ and care for them until they have developed.

Players can then battle their pets against other users’ pets, gaining Dogepoints for skilled gameplay. The more points that users have, the higher they will place on the leaderboard – with the monthly winner receiving tokenized rewards from the ‘Dogepool’.

These rewards come in the form of TAMA tokens, which are Tamadoge’s native currency. After raising $19 million through a crypto presale, TAMA was listed on OKX exchange – one of the biggest global cryptocurrency trading platforms.

With over 20 million users, OKX has listed TAMA on its decentralized and centralized exchange. TAMA increased by 300% during the presale, and launched on OKX for $0.03.

Investors looking to learn more can join the Tamadoge Telegram group – which now boasts over 30,000 members.

As with the other beginner cryptos on our list, beware of scams – Tamadoge does not have staking, for example – some phishing links use the promise of staking rewards.

9. Ethereum (ETH) – Highly Accessible Token for Beginner Crypto Portfolio

Those starting as a crypto beginner may wish to consider adding Ethereum to their portfolio. Ethereum is still regarded as the best cryptocurrency to buy by many analysts since it forms the foundation of the DeFi and NFT industries. In addition, Ethereum’s smart contract functionality makes it ideal for decentralized app (dApp) developers in various niches.

Ethereum is a viable option for the best beginner crypto to trade since it is incredibly accessible. The vast majority of crypto exchanges and brokers will offer ETH as a tradeable asset since it remains the second-largest crypto in the world, according to CoinMarketCap.

Another reason to consider Ethereum is the upcoming transition to a ‘Proof-of-Stake’ (PoS) consensus protocol. This transition, dubbed ‘The Merge’, is designed to improve Ethereum’s scalability and reduce GAS fees – which have plagued network users for years. If this upgrade has the desired effect, Ethereum could go on to achieve massive feats.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

10. Bitcoin (BTC) – Beginner Crypto to Trade with Low Fees

Bitcoin needs no introduction, as this digital currency was what started the cryptocurrency revolution and has become the best Proof-of-Work coin on the market. Even though other projects may have more ‘exciting’ use cases, market participants still opt to invest in Bitcoin due to its first-mover status. This adds enormous credibility to Bitcoin and is the reason that broader financial markets have adopted the coin.

Bitcoin is likely the best starting crypto to invest in since many trading platforms (e.g. eToro) offer fractional BTC investing. This means that investors can buy ‘fractions’ of a coin instead of purchasing an entire Bitcoin, which is priced at over $36,000 at the time of writing. In turn, this approach allows investors to gain exposure to BTC’s price movements in small amounts.

Another reason Bitcoin could be the best beginner token is that it is now accepted by merchants worldwide as a payment method. Since BTC is the largest digital currency, we’ll likely see demand continue to rise for this coin over the long term.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

11. Solana (SOL) – Scalable Blockchain with Limitless Potential

Another popular crypto beginner token is Solana. Solana emerged as the fastest-growing cryptocurrency in 2021, driven by the blockchain’s high level of scalability. Given Ethereum’s troubles with GAS fees and low throughput, many dApp developers opted to create their platforms on the Solana network.

According to various reports, Solana can handle 65,000 transactions per second (TPS), with an average transaction cost of $0.00025. The blockchain can achieve this through a unique ‘Proof-of-History’ consensus, which allows Solana to remain fully decentralized whilst offering tremendous scalability.

Thanks to these features, Solana has become a hub for those looking to make money with NFTs. Solana has also been used for DeFi protocols and blockchain gaming, helping it rival Ethereum. Given its high accessibility and low price, SOL tokens are ideal for beginner crypto trading.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

12. Shiba Inu (SHIB) – Beginner Crypto to Invest In for Community Engagement

Shiba Inu is the best beginner crypto to invest in for those looking to become part of an engaged community. Shiba Inu remains one of the best meme coins on the market, even though the token’s price is well below 2021’s all-time highs.

Most of Shiba Inu’s price movements are driven by hype, which tends to come from Twitter or Reddit. As the token’s aesthetic highlights, Shiba Inu capitalized on the popularity of Dogecoin, helping it produce quadruple-digit returns in late 2021. However, SHIB suffered the same issue as DOGE did – a lack of real-world use cases.

This has been remedied recently by the launch of ShibaSwap, a platform that allows SHIB holders to buy NFTs, swap tokens, and even benefit from a built-in crypto staking mechanism. Thanks to its ‘approachable’ design, Shiba Inu will likely remain the best starter cryptocurrency for many investors.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

13. Stellar (XLM) – Popular Decentralized Payments Network with Low Fees

XLM is the native currency of the Stellar network, which helps facilitate decentralized payments worldwide. Launched in 2014, Stellar looks to solve the many issues inherent to the ‘traditional’ payments system, such as slow transaction speeds and high fees.

The Stellar network can complete transactions in just five seconds, with fees equating to a fraction of a penny. Transactions are validated through the Stellar Consensus Protocol, which functions using nodes worldwide.

Although Stellar undoubtedly has a powerful use case, critics have argued that the network is not entirely decentralized since it has partnered with some major corporations, including IBM and MoneyGram. However, given the demand for rapid money transfers, Stellar remains one of the best future cryptocurrency projects on our list.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

14. Cardano (ADA) – Discounted Token Ideal for Beginner Cryptocurrency Trading

Cardano has long been touted as one of the most undervalued cryptos on the market since this smart contracts platform is backed by peer-reviewed research and has been created by a highly-experienced team. Not only does this make Cardano safer, but it also ensures the platform is appealing to institutional investors.

Since Cardano uses a ‘Proof-of-Stake’ (PoS) algorithm to achieve consensus, this blockchain is deemed much more eco-friendly than the likes of Ethereum and Bitcoin. This also means that network users can stake their ADA tokens to help with validation, earning interest in the process.

The ADA price is now 82% below August 2021’s all-time highs, highlighting the dramatic downfall of this crypto. However, due to Cardano’s use cases, many analysts believe the token is trading at a considerable discount – providing an appealing opportunity for beginner investors.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

15. Polkadot (DOT) – Innovative Project Solving Blockchain Interoperability

Rounding off our list of the best beginner crypto to invest in is Polkadot. Polkadot is an exciting project that looks to boost interoperability within the blockchain space. Currently, most blockchains operate independently, meaning they do not share data.

Polkadot looks to solve this by providing a multichain network where developers can launch their own blockchains that are compatible with others. In addition, Polkadot’s central hub, called the ‘Relay Chain’, handles all other chains’ transactions. This takes a considerable burden off developers and allows them to focus on other areas.

DOT is the network’s native token used to pay fees and for staking. Due to the growing importance of interoperability, Polkadot could be the best crypto for beginners.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How to Choose the Best Beginner Crypto

Now that we’ve discussed the best cryptos for beginners, let’s focus on the factors to bear in mind when making an investment decision. Many of the most promising cryptocurrencies are suitable for newcomers, yet it’s vital to know what to look for to separate high-potential projects from those that will likely fall by the wayside.

With that in mind, presented below are five elements to keep in mind when choosing which crypto to invest in: 

Focus on Use Cases

One of the most important factors to consider is the project’s use case. Projects that survive over the long term have real-world utility, providing a reason for demand to remain high.

Look for Strong Price Potential

Beginners looking for the next cryptocurrency to explode may wish to consider cryptocurrencies with a low price point. Although these tend to be riskier, they provide scope for triple-digit (or even quadruple-digit) returns in many instances.

Many of the best crypto presales will meet these criteria. However, as presale projects are still in development, it’s vital to understand that price can be more volatile than established coins once they become listed on CEXs or DEXs. 

Make Sure the Tokens are Accessible

Another way to seek out beginner cryptos is to ensure the tokens are accessible. This means they can easily be purchased through the best crypto exchanges using a laptop, smartphone, or tablet.

eToro is one of the best trading platforms for beginners, as it allows users to fund their accounts in FIAT using a credit/debit card, bank transfer, or e-wallet. In addition, eToro also offers fractional investing, meaning newcomers can start with as little as $10.

Find Cryptos Offering Regular Income Opportunities

Beginners may also wish to consider cryptocurrencies that offer regular income. This can be through staking or liquidity mining – both of which are prevalent in the DeFi space.

However, income can also be made through projects like Tamadoge, which offers play-to-earn (P2E) mechanics. These mechanics provide tokenized rewards for skilled gameplay, which can be spent on in-game items or exchanged into different digital currencies. 

Review the Project’s Roadmap, Development Team & Whitepaper

Finally, reviewing each project’s roadmap, development team, and whitepaper is crucial before making an investment decision. These three elements help inform whether the project will be a success or whether it could be a ‘rug pull’.

In addition, the best beginner crypto projects will also have elements that add to their legitimacy. This may be through KYC verification on CoinSniper or a smart contract audit through SolidProof.io – both of which help build trust in the project. 

The video below is a useful guide to crypto for beginners from popular YouTuber Jacob Bury.

How to Buy Top Starter Cryptos as a Beginner

Before concluding this guide on the best crypto for beginners, let’s briefly touch on the investment process. As noted earlier, Wall Street Memes is one of the best crypto winter tokens suitable for beginners and available to buy during presale. We’ll use this presale as our example.

The steps below provide a quick overview of how to purchase $WSM tokens in 2023.

Step 1: Get a Crypto Wallet

First, make sure you have a crypto wallet, such as MetaMask / TrustWallet, which can be installed from their websites.

Step 2: Connect Your Wallet

After creating an account on a chosen wallet, navigate to the Wall Street Memes website and click on the “Buy Now” button and choose your crypto wallet and connect it with the website.

Step 3: Fund Your Wallet

Make sure your wallet has enough funds. Users can purchase $WSM with ERC-20 compatible tokens such as Ethereum and USDT, but also with BNB. Purchase these tokens from a crypto exchange and transfer them to your crypto wallet.

Step 4: Purchase $WSM

 After ensuring your wallet has the necessary funds, click on “buy $WSM with ETH” / “buy $WSM with USDT” / “buy $WSM with BNB” and input the amount of $AIWSMyou want to receive in exchange for USDT, ETH, or BNB. 

Step 5: Claim $WSM

After approving the transaction fees, the transaction will be authorized. You can claim your $WSM from the claim page.

Conclusion

We understand that diving into the crypto market can be a tricky task, especially when you’re just starting out. It’s definitely not easy picking where you want to put your money, with so many cryptocurrencies on the market today. With that in mind, this guide was designed to provide a comprehensive overview of the best crypto for beginners, so that you, the reader can make smarter investment choices.

Although cryptocurrency can appear complex initially, the projects listed in this guide feature strong communities and easy investment processes – making them great for crypto beginners.

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