Top 5 Cryptocurrencies for Beginner Crypto Investors11 min read

Top 5 Cryptocurrencies for Beginner Crypto Investors11 min read

Getting started in the exciting world of cryptocurrency investments can seem daunting, with thousands of different coins and tokens to choose from. 

As a beginner, it’s important to start small and invest in more established cryptocurrencies that have proven track records and are less volatile. This article will explore some of the most popular and advantageous cryptocurrencies for beginners to consider for their initial crypto investments. 

We’ll look at which cryptocurrencies tend to be preferred by more experienced investors, as well as some ideal options for novices that offer good growth potential without too much risk.

Finally, we’ll discuss how you can make your crypto investments through a digital banking platform like The Kingdom Bank that makes online crypto banking easy and secure.

Which are the Most Popular Cryptocurrencies Preferred for Investment?

Some top cryptocurrencies that many experienced crypto investors prefer and keep a portion of their portfolio allocated to include:

• Avalanche (AVAX) – Known for its speed, low transaction fees and Ethereum compatibility. AVAX works on a Proof-of-Stake model and its native blockchains can process over 4,500 transactions per second.
• Shiba Inu (SHIB) – One of the most popular meme coins, SHIB gained huge popularity in 2021. It has a large community and is accepted by some mainstream merchants. However, its value is very volatile.
• Chainlink (LINK) – This decentralized oracle network links smart contracts with data from the real world. It has many partnerships with major companies and is widely used in the DeFi space.
• Uniswap (UNI) – As the most popular decentralized crypto exchange, Uniswap sees high trading volumes daily. It runs on Ethereum and gives its governance token holders voting power over the platform.
• NEAR Protocol (NEAR) – A layer-1 proof-of-stake blockchain known for its speed, low fees and developer tools. It aims to compete with Ethereum and has the backing of major investment firms.

While experienced investors may include some of these more speculative or volatile cryptocurrencies, they also balance their portfolio with established blue-chips like Bitcoin and Ethereum to reduce risk.

Cryptocurrencies That Beginners Should Prefer

Some top cryptocurrencies that are generally considered suitable options for beginners to consider include:

• Bitcoin (BTC) – As the first and largest cryptocurrency, Bitcoin remains the most well-known. It’s seen as a somewhat less risky investment compared to smaller altcoins.
• Ethereum (ETH) – The second largest cryptocurrency is also widely accepted. Ethereum’s ongoing development and use in decentralized applications make it a sensible beginner investment.
• Solana (SOL) – A high performance blockchain like Ethereum but with faster speeds and lower fees. Solana sees growth in its ecosystem and could have upside for patient investors.
• Toncoin (TON) – The native cryptocurrency of Telegram’s TON blockchain. Toncoin has a large potential user base given Telegram’s popularity and could benefit from the platform’s expansion.
• Dogecoin (DOGE) – While very volatile, DOGE offers an affordable entry point for crypto newbies. Just invest what you’re willing to lose given its riskier nature compared to the above options.

Any of these top cryptocurrencies offer a good mix of recognition, maturity in the market and growth opportunities suited for beginner crypto investors to consider for lower risk initial investments.

Which Cryptocurrencies Are Most Suitable for Investment?

Once beginners have gotten experience with more established cryptocurrencies, they may want to consider some smaller but promising alternative coins which still offer strong potential upside:

• Polygon (MATIC) – An Ethereum scaling solution seeing increasing usage. Polygon aims to solve Ethereum’s scalability issues through its side chains.
• Pepe (PEPE) – A meme coin based on the Pepe the Frog character. Pepe has an engaged community and its value has shown massive growth in both 2023 and 2024.
• Aptos (APT) – Backed by Meta (Facebook), Aptos is designed for high throughput and scalability. It has attracted major venture capital investment.
• Render (RNDR) – This GPU time-sharing network monetizes excess graphics power for use in computationally-heavy tasks like rendering 3D images and video.
• Hedera Hashgraph (HBAR) – A fast, secure public network utilizing a novel hashgraph consensus mechanism. Hedera receives support from major corporations and institutions.

Doing further research on projects like these could allow beginners to make sensible small investments in cryptocurrencies that may realize significant growth as their networks and use cases expand over the long term.

How to Make Crypto Investments in Digital Banking?

So how can beginners easily invest in the top cryptocurrencies we’ve discussed? The best approach is through a trusted digital bank that supports crypto like The Kingdom Bank.

The Kingdom Bank is a licensed and regulated digital banking platform that enables secure online crypto banking. It offers a dedicated crypto banking account where you can purchase, hold and sell major cryptocurrencies like Bitcoin, Ethereum and more with just a few taps on the app.

The Kingdom Bank also provides personal and corporate banking services with competitive exchange rates. Account setup is straightforward and funds can be deposited and withdrawn via bank transfers globally. 

Perhaps the biggest advantage of using The Kingdom Bank versus cryptocurrency exchanges is the added protection and peace of mind that comes from banking with a licensed and regulated institution.

Beginner crypto investors looking for an easy way to invest in cryptocurrencies mentioned in this guide would be well-served by opening a The Kingdom Bank crypto banking account. The platform empowers access to the exciting world of digital currencies through a trusted and secure banking partner.

Best Digital Bank to Invest in Crypto

Starting your cryptocurrency investment journey by allocating funds to top blue-chip coins like BTC and ETH through a digital bank such as The Kingdom Bank provides beginners the best way to get experience in this burgeoning asset class. 

The Kingdom Bank is truly the ideal choice for secure, easy and regulated crypto banking.

Once familiar with the market dynamics and your personal risk tolerance, beginners can then feel more comfortable exploring smaller altcoins we profiled that offer higher upside. 

The keys are conducting thorough research, only investing amounts you can afford to lose, diversifying your portfolio and remembering that patience and a long-term outlook usually lead to the best results in the volatile crypto space.

By keeping these tips in mind and utilizing a platform like The Kingdom Bank for regulated crypto access, beginner investors can confidently take their first steps into the exciting world of cryptocurrency investments.