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Best beginner crypto

This guide will introduce you to the best beginner crypto to invest in 2024. These have performed exemplarily well in the past, have proved their resilience, are easily accessible, and have a massively promising future.

With numerous cryptocurrencies, identifying the most upside potential investment can be daunting, especially for beginners. Our guide is designed to streamline the process by highlighting the top 15 best crypto for beginners to consider 2024.

The Best Beginner Cryptos to Buy in 2024

After a thorough analysis of hundreds of crypto coins to bring new investors the best of beginner crypto coins to buy today, we’ve eventually settled on the following coins:

  1. Bitcoin (BTC) – Overall Best Beginner friendly Crypto to Invest in Today
  2. Ethereum (ETH) – Beginner-Friendly Crypto with a Promising Future
  3. Cardano (ADA) – Resilient Beginner Crypto Selling at a Discounted Price
  4. Polkadot (DOT) – Popular Layer-0 Multi-chain Protocol With a Sustainable Future
  5. Cosmos (ATOM) – One of the Most Sustainable Blockchain Projects
  6. Solana (SOL) – Grossly Undervalued Beginner Crypto Expected to Rebound Soon
  7. Binance (BNB) – Popular Token for the Largest and Most Liquid Exchange
  8. Litecoin (LTC) – Fast and Inexpensive Bitcoin Alternative with Growing Utility
  9. Ripple (XRP) – Discounted Crypto Ideal for Beginner Cryptocurrency Trading
  10. Uniswap (UNI) – Most Popular and Fastest Growing Decentralized Exchange
  11. The Graph (GRT) – Best Indexing Protocol Cryptocurrency to Invest In for Beginners
  12. Avalanche (AVAX) – Popular Ethereum Killer with an Attractive Past Price Action
  13. Decentraland (MANA) – Invest in the Leading Metaverse Token
  14. Polygon (MATIC) – Buy and Hold the Largest and Fastest Growing Layer-2 Scaling Token
  15. Shiba Inu (SHIB) – Beginner Crypto With Massive Crypto Community Support

Crypto asset investments are highly volatile and speculative

Below, we will tell you why each of these coins is the best crypto to buy for beginners, examine its past price action, and look at its expected performance for the foreseeable future.

We will also tell you how to spot the best beginner crypto to buy, provide you with a step-by-step guide to buying your first starter crypto, and tell you about the best beginner-friendly crypto wallets.

A Closer Look at the Best Beginner Cryptocurrency to Invest in Today

When vetting different virtual assets in search for beginner-friendly investments, we paid close attention to a number of key factors. These include the ease of access to the digital asset, its profitability, its resilience, perceived sustainability, its volatility, and expected future price action.

Below, we’ll analyze and take closer look at each of the best beginner crypto to buy today.

1. Bitcoin (BTC) – Overall Best Beginner Friendly Crypto to Invest in Today

Topping our list of the best beginner cryptos is Bitcoin, the oldest and most valuable cryptocurrency.

It also is arguably the most popular digital currency and by far the most valuable – currently accounting for more than 48% of the total crypto industry market cap. Launched slightly over a decade ago, Bitcoin enjoys massive support from the online crypto community – which has played a critical role in ramping up its use case.

Bitcoin best beginner crypto

One of the many factors that make Bitcoin the best crypto to buy today is its high ROI. Since its establishment, Bitcoin has maintained an overall uptrending price action that has seen its value jump from around $1 in 2010 to more than $68,900 at its peak in November 2021.

The legacy digital asset is also easily accessible and is currently traded on virtually all the crypto exchanges and trading platforms.

Moving forward, analysts and crypto investors are confident that Bitcoin price will sustain this overall uptrend. This confidence is informed by the fact that throughout the 2022 bear market, a lot of developments took place around Bitcoin – especially its adoption by online businesses and brands as a payment method.

But even more importantly, the Bitcoin halving event taking place in early 2024 is expected to have a significant impact on Bitcoin’s price prediction.

BTC is, therefore, a good crypto investment to buy for beginner investors because it is a profitable asset that has proved its resilience. It is also easily accessible, and the majority of crypto trading platforms support fractional investing in Bitcoin.

But even more importantly, it has a hugely promising future and is expected to continue growing your investment in the foreseeable future.

Crypto asset investments are highly volatile and speculative

2. Ethereum (ETH) – Beginner-Friendly Crypto with a Promising Future

Ethereum is an excellent starting point for beginners venturing into the crypto market. ETH is the second most valuable and one of the most popular cryptocurrencies. It is also the most used blockchain network and a hub for most crypto innovations – from dApps to DeFi, NFTs, Metaverses, and more.

Ethereum ranks high on our list of the best beginner crypto to buy today because it, too, has proved to be a resilient investment, has performed exemplarily well in the past, and is expected to sustain this stellar performance.

Ethereum

Launched in 2015, Ethereum’s popularity, embrace by the crypto world, and use cases have been on a steady rise. It has since been listed with virtually all the most popular altcoin exchanges and trading platforms – making it one of the most accessible digital currencies.

It has also performed exemplarily well in the past. From an ICO price of just $0.3, ETH rallied by more than 1577000% to set the current all-time high of $4890 in the last quarter of 2021. In addition to this, it has proved its resilience and obedience to market trends by rebounding from even most crashing dips and rallying as soon as the market hints at a bull run.

In the eight years that Ethereum has been around, it has aggressively expanded its network – making it the largest and busiest blockchain platform. ETH token’s use cases within the network have, therefore, been on a steady rise. And they have been complemented by ETH’s adoption as a payment method by multiple ecommerce sites, enterprises and international brands.

The rapid network growth and steady value gain have a growing number of crypto analysts, and investors convinced that Ethereum will eventually overtake Bitcoin as the most valuable crypto. Such a promising future, a history of stellar price action, growing utility, and accessibility make Ethereum one of the best beginner-friendly cryptos to buy right now.

Crypto asset investments are highly volatile and speculative

3. Cardano (ADA) – Resilient Beginner Crypto Selling at a Discounted Price

Cardano is the best beginner cryptocurrency you can buy right now and the most valuable Ethereum alternative. It has been around since 2017 and has acquired a near-permanent position among the 10 most valuable cryptocurrencies. Commonly referred to as an Ethereum-killer, Cardano is designed to solve the three key problems facing the Ethereum blockchain, i.e. scalability, transaction fees, and security.

Cardano

Cardano makes it to our list of the best starter crypto primarily because – like Ethereum – it has a hugely promising future but is still selling at a heavily discounted price. Much of this can be attributed to the fact that its development process has been quite slow and wasn’t fast to adopt most of the revolutionary crypto innovations. For example, it only integrated the smart contract feature in late 2021.

Over the last few months and throughout the bear market of 2022, however, Cardano has undergone multiple strategic developments and integrated host features from dApps, DeFi, and even algorithmic stablecoins.

The level of support that it enjoys from the crypto community has also grown exponentially. All these are expected to grow its value exponentially in the foreseeable future.

We, therefore, believe that Cardano is one of the best beginner cryptos to buy today because it currently is grossly undervalued but poised for a massive upward price correction.

We also list it here because it has proven its resilience, enjoys the support of a large crypto community, and has the backing of sustainable blockchain technology. All these are expected to continue pushing up ADA token prices.

Crypto asset investments are highly volatile and speculative

4. Polkadot (DOT) – Popular Layer-0 Multichain Protocol with a Sustainable Future

There are three primary reasons why we list Polkadot among the best cryptos to invest in for beginners. First is the fact that it has performed exemplarily well in the past. Since its launch in May 2020, Polkadot token prices have maintained a sustained uptrend that has seen it become one of the 15 most valuable cryptocurrencies.

Polkadot Altcoin

Secondly, Polkadot lists among the best cryptos to buy for beginners as it maintains one of the most futuristic blockchain networks. The layer-0 blockchain seeks to address the biggest challenge in the crypto industry – interoperability.

Therefore, as crypto goes mainstream and its adoption gathers pace across the world, we expect activity on the Polkadot network to grow tremendously, which translates to a high demand and price of ADA tokens.

We also featured Polkadot here because it has a hugely promising future. A growing number of analysts and investors are convinced that given Polkadot’s significance in the crypto verse, its ADA tokens are heavily discounted at the moment.

They have also pointed out that, like most other blockchain technologies, ADA’s value is yet to price in the many developments that have taken place in the Polkadot ecosystem over the past few months.

The fact that Polkadot, the top-tier altcoin, is selling for cheap has proven its resilience, and that it has a hugely promising future says makes it a viable investment for beginner crypto investors. Not forgetting that it is easily accessible – having been listed with virtually all the top crypto exchanges.

Crypto asset investments are highly volatile and speculative

5. Cosmos (ATOM) – One of the Most Sustainable Blockchain Projects

Like Polkadot, Cosmos is a good crypto for beginners promises to solve the cryptoverse’s interoperability challenge. To achieve this, its developers have created the Inter-Blockchain Communication Protocol that lets different mainnets communicate and share data with each other – seamlessly.

This makes it one of the most useful crypto projects of the future. Such a sustainable blockchain network then gives it a hugely promising future, and these two make it one of the best beginner cryptos to invest in today.

Cosmos Altcoin

Cosmos crypto also makes it here because it makes it possible for beginners to create blockchain-based projects and programs. Virtually anyone can use the Cosmos SDK protocol to create and deploy blockchain apps and programs. And you don’t need to have any coding skills.

This implies that as crypto adoption goes mainstream, demand for ATOM tokens will go up significantly. This will be fueled by the need for interconnectedness for blockchains while brands and individuals seek to leverage the Cosmos SDK in launching their own dApps and programs.

Such a promising future makes Cosmos one of the best starter cryptos to buy today. ATOM also makes it here because it currently is selling at heavily discounted prices, which are expected to correct upwards during the next crypto market rally.

Crypto asset investments are highly volatile and speculative

6. Solana (SOL) – Grossly Undervalued Beginner Crypto Expected to Rebound Soon

Coming in six on our list of the best beginner crypto investments for 2024 is Solana, represented by its native token SOL stands out as one of the most potential cryptocurrencies to consider. Solana is one of Ethereum’s fiercest competitors and the fastest-growing smart contract platform.

Solana is also one of the most profitable crypto investments of all time – having jumped from an ICO price of $0.20 in early 2022 to the current all-time high of $260 (gaining more than 130000% in the process).

Solana

But such lucrativeness isn’t the only reason why we list Solana among the most popular beginner cryptos to buy today. It also makes it here because of its proven resilience. In 2022, for example, SOL token prices crashed 99% below the ATH first because of the downtrending crypto market and also because of its association with the now defunct FTX exchange and Alameda Research Company.

Throughout the first half of 2023, however, Solana has proved its resilience by rallying more than 100% above its 2022 price dip. This spirited rebound has the majority of investors and analysts convinced that SOL will recover and recapture the late 2021 all-time highs – possibly during the upcoming market rally.

Solana also makes it to this list because it has the backing of the most sustainable blockchains technologies. Both its blockchain technology and the SOL token have been widely adopted within the crypto-verse.

Moving forward, this resilience and solid community support, its stellar past price action, as well as the fast-expanding network are expected to keep pushing up the SOL token price. And all these make SOL one of the best altcoins to invest in for beginners.

Crypto asset investments are highly volatile and speculative

7. Binance (BNB) – Popular Token for the Largest and Most Liquid Exchange

Another beginner-friendly crypto coin definitely need to check out is Binance Coin. BNB is the utility token for the largest and most liquid crypto exchange in the world – Binance. It is also the native token for one of the largest and fastest-growing smart contract blockchains in the world – the Binance Smart Chain.

Like the majority of the coins in our list of the best beginner cryptos to invest in today, BNB has performed exemplarily well in the past and has one of the most promising futures.

Binance Coin

Launched in July 2017 with an ICO price of $0.10, BNB coin rallied by more than 690000% to set the current all-time high price of $690 in May 2021. This makes it one of the most profitable large-cap cryptocurrencies of all time.

It has also been quick to accumulate a large community of followers. This, and the rapidly expanding Binance ecosystem, are expected to continue driving up BNB token prices.

By virtue of being one of the most recognizable cryptos as well as its close affiliation with both Binance and the Binance Smart Chain, Binance coin is also one of the most traded digital assets. Notwithstanding the fact that it is yet to list with most top-tier crypto exchanges. Such liquidity, coupled with its volatile price action, makes it a viable option for beginner crypto trading.

Crypto asset investments are highly volatile and speculative

8. Litecoin (LTC) – Fast and Inexpensive Bitcoin Alternative with Growing Utility

The next on our list of the best beginner cryptos to invest in is Litecoin. The sliver coin, Litecoin, is one of Bitcoin’s oldest and most successful imitations. It launched in 2013 and is currently one of the top 15 most valuable digital currencies. But its journey to the top hasn’t been without incidence.

Litecoin

LTC has not only survived multiple crypto market crashes but also the loss of its founder, who at one time sold all his LTC assets and abandoned the network.

Both these incidents have sent LTC price crashing 90%+ above its previous highs. But in a show of unmatched resilience, the altcoin has always recovered and rallied to a newer height during the next market rally. The conviction that Litecoin will almost always recover from even the most devastating crash is the reason why we list it among the best beginner cryptos to invest in today.

It also makes to this list because its adoption has been on a steady rise – within the crypto verse and in the real world. Today, you can use LTC for staking, saving, or liquidity farming. And you can also use it to pay for goods and services at multiple online and offline stores and businesses that process crypto payments.

Further, Litecoin is one of the best cryptos to buy for beginners because it is easily accessible. It currently is listed with virtually all the top crypto exchanges and trading platforms. It is also one of the four cryptocurrencies that you can buy with PayPal – directly on their website.

Crypto asset investments are highly volatile and speculative

9. Ripple (XRP) – Discounted Crypto Ideal for Beginner Cryptocurrency Trading

When Ripple launched in June 2012, it was quickly hailed as the ultimate Bitcoin killer. The cryptos community recognizes the revolutionary power this cryptocurrency holds.

Even though other promising coins may have more ‘exciting’ use cases, the crypto market still opts to invest in Ripple due to its banking utility status. This adds enormous credibility to Ripple XRP and is the reason that broader financial markets have adopted the coin.

Ripple best crypto for beginner

And soon, global finance industry players – from banks to hedge funds – started joining the Ripple network. It promises to disrupt this industry by providing a better, more efficient, and affordable alternative to the four-decade-old SWIFT.

But just as its adoption was gathering pace, SEC filed a case in a US court against Ripple Labs, accusing it of selling security. This sent XRP token prices crashing and remained in this stagnant level Since December 2020.

The case even prevented XRP from setting a new all-time high during the massive crypto market bull run of 2021. It can also be attributed to the significant dip in the number of brands seeking to partner with Ripple throughout this period.

In 2023, however, the court ruled that XRP is not a security. The move has set XRP tokens on an upward price correction course. Analysts and investors are confident that finance industry players will resume partnership talks with Ripple, thereby expanding the token’s utility.

These are some of the reasons why we consider Ripple to be a top beginner crypto to buy today.

We also admire its resilience – fueled by its large crypto community. These have played a critical role in continually hyping XRP – ensuring it retains its post among the 10 most valuable cryptos throughout the case period.

Analysts are confident that we can count on Ripple community, the coin’s resilience, further adoption, and a recovering market to ignite the XRP rally to a new all-time high in the foreseeable future.

Crypto asset investments are highly volatile and speculative

10. Uniswap (UNI) – Most Popular and Fastest Growing Decentralized Exchange

Uniswap is the largest, most popular, and most liquid decentralized crypto exchange. And there are many reasons why we believe it to be one of the top beginner cryptos to buy right now.

For starters, it has performed exemplarily well in the past and is expected to sustain this trend going forward. Not only has the UNI token price maintained an overall uptrending price action, but the Uniswap ecosystem has been growing fast.

Uniswap Crypto

At the time of writing, for example, Uniswap has processed crypto trades worth more than $1.3 Trillion. It has also been integrated into 300+ crypto programs and projects. Equally, it has consistently maintained a top-five position among DeFi platforms with the highest total value locked.

Additionally, Uniswap operates a wide range of liquidity mining farms. A number of these are hugely profitable, which makes Uniswap one of the best starter crypto to buy for beginner investors looking to earn passively.

There has been a worldwide crackdown on centralized crypto exchanges. It started with a total ban in China before turning to legal prosecutions by the SEC in the US and harsh laws in Europe. This, and the increased cases of scam crypto exchanges, is expected to drive more people towards established decentralized exchanges like Uniswap.

Over time, therefore, we expect to witness a sudden surge in the UNI token’s use case and demand that has the net effect of pushing the token price up.

Crypto asset investments are highly volatile and speculative

11. The Graph (GRT) – Best Indexing Protocol Cryptocurrency to Invest In for Beginners

Those starting as a crypto beginner may wish to consider adding The Graph to their portfolio. The Graph is the leading indexing protocol on the Ethereum network. It is used by developers in attempting to query the network’s large and rapidly growing data pool to find accurate and up-to-date information that they can use to create more advanced and quality smart contracts.

The Graph Altcoin

It already is in use, but this use case is expected to explode as more and more individuals and brands start launching dApps, smart contract programs, and Web 3 apps.

GRT tokens are, therefore, top cryptos to buy today for beginners who are looking to benefit from the upcoming Web 3 wave. It is also the best crypto to buy for a beginner looking to maximize their returns over the longer term.

This claim is backed by the fact that The Graph – even though a nascent crypto and blockchain project – has received massive community support. It also posted a stellar price action and even maintained an overall uptrending price action.

Moving forward, especially after its use cases grows, we expect a spike in demand for GRT tokens to catapult its price to ever-new highs. It is worth adding that The Graph isn’t an exclusive Ethereum product. It is a multi-chain protocol that intends to launch on more EVM-compatible and smart contract blockchains.

Crypto asset investments are highly volatile and speculative

12. Avalanche (AVAX) – Popular Ethereum Killer with an Attractive Past Price Action

Another popular crypto beginner token is Avalanche. Like Solana and Cardano, Avalanche was created with the aim of addressing the many challenges facing the Ethereum network – especially scalability and high gas fees. Hence the Ethereum-killer tag.

Avalanche

Launched in September 2020, Avalanche is still under development, and one might even say that it is yet to reach its hit its full price potential.

Moving forward, therefore, we expect the layer-1 blockchain network to expand its network and integrate more innovative features. So far, it has maintained an overall uptrending price action and proved its resilience as well as its obedience to changing market trends.

Analysts and investors are confident that AVAX price will sustain this uptrend by rebound, recapturing its late 2021 highs, and possibly rallying to a new all-time high during the next bull run. This forms part of the reason why we believe AVAX to be one of the best beginner cryptos to invest in over the longer term.

Crypto asset investments are highly volatile and speculative

13. Decentraland (MANA) – Invest in the Leading Metaverse Token

Decentraland is the oldest, one of the most popular as well as one of the most valuable metaverse projects. Launched in February 2020, the blockchain protocol and its MANA tokens shot to popularity in 2021 during the metaverse craze when it rallied by more than 7000%. Further uptrend was halted by the bearish market that ruled 2022.

Decentraland Crypto

We, therefore, list Decentraland among the best beginner cryptos to buy today because we expect it to have a swift rebound. Its proven resilience and obedient to market trends say that it will post a swift rebound as soon as the market starts recovering. And this makes it a good and safe short-term investment for beginner crypto traders.

We must also observe that Decentraland is also a good long-term crypto to buy for beginners and pro investors. And this hugely promising future can be attributed to a variety of factors. For starters, the blockchain protocol has undergone multiple strategic developments, and all aim to future-proof its existence.

It, for instance, has integrated multiple crypto programs – ranging from NFTs, play-to-earn games, virtual concerts/festivals, and an online marketplace.

Additionally, the Decentraland online community of supporters has been on a steady rise. These not only played a key role in popularizing the metaverse and its MANA altcoin but also determined how fast it was adopted.

So far, for instance, tens of big-name brands, including Heineken, Coca-Cola, Dominos, Nike, Samsung, and more, have all acquired virtual plots of land on Decentraland. The buzz that these will generate once they start developing this virtual real estate is also expected to catapult MANA token prices to new highs.

Crypto asset investments are highly volatile and speculative

14. Polygon (MATIC) – Buy and Hold the Largest and Fastest Growing Layer-2 Scaling Token

Polygon is a layer-2 scaling solution for the Ethereum network. It is specially designed to help developers and individuals operating dApps or other programs on the network bypass the high cost and slow transaction processing bottlenecks associated with Ethereum.

Polygon

Since its creation, Polygon has been one of the best-performing layer-2 tokens. Its MATIC token prices have not only rallied to unprecedented highs in the recent past, but it has also been adopted by a growing number of renowned brands.

We feature Polygon’s MATIC among the best beginner cryptos to buy today because it has a hugely promising future. It, for instance, is expected to play a critical role in the highly anticipated Web 3 wave as more developers seek to leverage its unmatched throughput as well as ultra-low gas fees.

We might also add that Polygon is a multi-chain protocol. Therefore, as the adoption of blockchain technology grows and more individuals and brands joining the cryptoverse, Polygon will deploy its scaling solution to other EVM-compatible mainnets. This means more utility for the technology, which translates to higher demand and price for MATIC tokens.

Beginner crypto investors may therefore consider investing in MATIC over the short term because of its proven resilience. Plus, it currently is selling at heavily discounted prices. This implies that it will most likely break into a price run as soon as the market confirms recovery.

The promise of future adoptions and bridging over to other EM mainnets, on the other hand, makes MATIC one of the best cryptos to invest in the long term.

Crypto asset investments are highly volatile and speculative

15. Shiba Inu (SHIB) – Beginner Crypto With Massive Crypto Community Support

Rounding off our list of the best beginner crypto to invest in is Shiba Inu. The popular meme coin is one of the most lucrative digital assets of all time, seeing that SHIB’s token price at one time rallied by a couple million percentage points.

Shiba Inu

Shiba Inu enjoys a massive and vibrant following from the online crypto community. And seeing that much of its price action is driven by hype, this community has been instrumental in driving up SHIB token price through artificial price pumps.

The memecoin is also quite resilient and obedient to crypto market trends. Its value almost always dips during a recessive market and rallies as soon as the market starts rebounding. And since the market has already started showing signs of recovery, now could be the best time for beginners to start investing in Shiba Inu if they hope to reap maximally over the short term.

We must, however, acknowledge that in addition to being of the most lucrative crypto investments, Shiba Inu has one of the most volatile price actions. Financial advisors and some analysts even warn against beginners against investing in such digital assets. They argue that these assets aren’t just volatile but also lack inherent value, which compromises their sustainability.

In response to these critics, Shiba Inu developers have assumed embarked on an aggressive enrichment of their ecosystem. They have integrated multiple blockchain-based programs into the Shiba Inu network, all aimed at increasing SHIB’s utility, demand, and, ultimately, its value.

These include a decentralized exchange, NFT projects, more meme coins, a metaverse, and a layer-2 blockchain protocol.

Even more importantly, Shiba Inu has been aggressively burning excess SHIB tokens. In 2022, for example, more than 83 Billion Shiba Inu tokens were permanently burnt. This reduced supply, together with rising demand – resulting from the aggressive expansion of the Shiba Inu ecosystem – are all expected to ultimately drive up SHIB’s token price.

Crypto asset investments are highly volatile and speculative

After reviewing the best cryptos for beginners, let’s now identify the key elements and factors to consider when selecting the top coins for beginners.

How to Identify the Best Beginner Crypto to Buy

There currently are more than 26,000 digital currencies being traded on different exchanges and crypto trading platforms. The majority of these aren’t beginner-friendly because they are too volatile, don’t have inherent value, or are scams. How, then, do you vet these assets to find the one that’s most suited for beginner crypto investors?

We share a few tips on what to consider when looking for the best beginner cryptos to buy below:

Past and expected future price action

Examine how the coin has performed in the past. Compare this price action against that of the larger crypto market to confirm its resilience. Then check forecasters, analysts, and top investor views about the most likely price direction of the altcoin.

You will do well to only buy cryptocurrencies that have performed exemplarily well in the past, proved their resilience and have a promising future.

Project’s sustainability

Beginners looking for the next cryptocurrency to explode may wish to consider cryptocurrencies with a project sustainability and assess the viability of its underlying blockchain network. Confirm the scope and urgency of the real-world problem it seeks to solve, check how well it has been adopted by the crypto community – both traders and developers – and assess prospects of future adoption.

Only go for altcoins built on a sustainable blockchain network with growing use cases and possible large-scale future adoption.

Ease of access

Your preferred starter crypto to buy should also be readily accessible and highly liquid. This means that it should be listed with as many exchanges and crypto trading platforms as possible. It should also attract decent daily trade volumes to ensure that even large Buy/Sell orders are fulfilled fast.

Check coin tokenomics

Confirm the token distribution model embraced by your preferred best beginner crypto to buy today. Avoid digital assets that have a large number of their assets concentrated in the hands of just a few individuals/wallets. Further, avoid coins with the biggest share of their total token supply hasn’t been released to the public.

Confirm alignment with investing goals and risk-tolerance

Even more importantly, ensure that the coin’s expected future price action aligns with your investing goals. You should also be high to moderately risk tolerant and able to stomach the volatility of different digital currencies as well as the unpredictable nature of the larger crypto market.

How to Buy Top Starter Cryptos as a Beginner – Full Steps

You now know how to identify the best beginner-friendly cryptos to consider and already have a list of top coins to invest in today. Next, we teach you how to buy any of these coins from the all-popular and beginner-friendly crypto exchange – eToro.

eToro is indeed one of the most beginner-friendly exchange to buy crypto. The exchange is highly reliable, has never been hacked, and integrates copy and social trading.

The platform maintains a quick and straightforward crypto investing process that we have discussed below:

Step 1: Create a crypto trading account

Sign up via etoro

Start by Opening the official eToro website on your browser and tap on the “Join Now” icon. Complete the user registration tab that pops up by entering your personal details. Start by opening a crypto investor account with eToro.

Step 2: Verify your identity

eToro is a multi-regulated crypto exchange and is required by law to subject all its clients through KYC/AM checks. The broker will, therefore, demand that you submit a copy of a government-issued identification document before you can start trading on their platform.

Step 3: Fund your account

Deposit funds

Once the account is approved, log in and hit the “Deposit Funds” button on your user dashboard. From the funding tab that pops up, identify a payment option, tap on it and follow the prompts to fund this account with at least $10.

Step 4: Identify the best beginner crypto buy

Find the best beginner crypto

After the deposit reflects in your account, tap on the “Discover” button on your user dashboard to reveal the trading instruments supported on the platform.

Choose ‘Cryptos’ to see the list of all digital assets that you can buy and sell via eToro.

Step 5: Buy beginner crypto

Identify the best starter crypto to invest in and hit the “BUY” option. Use the trading tab that pops up to customize this investment by indicating the number of cryptos you wish to buy or how much you want to invest in the crypto project. Hit the “Open Trade” button to execute this investment.

Crypto asset investments are highly volatile and speculative

Best Beginner Crypto Wallet

Crypto wallets are categorized into two broad categories, i.e. hot and cold wallets. Hot wallets refer to crypto storages that hold the private keys for your digital currencies online or on internet-enabled devices.

These are considered unsafe and are prone to hacks and malware attacks. Cold wallets, on the other hand, refer to crypto storage that holds your keys offline. These are considerably safer and less prone to hacks or malware attacks.

eToro Wallet

Examples of hot wallets are desktop or mobile wallet crypto apps provided by exchanges and third-party crypto storage service providers. They work by encrypting the private keys for your coins and holding them in an online wallet or storing them in the root storage of your phone/PC.

Examples of cold wallets, on the other hand, include third-party hardware wallet service providers and offline vaults provided by leading crypto exchanges. While they both hold your keys in offline vaults, the primary difference between the two is that you don’t have absolute access to the keys held in exchange-provided wallets.

We advise our readers to only go for reputable and highly reliable third-party wallets. These aren’t just safe but also provide you with absolute access and control over your digital assets.

Conclusion – Best Beginner Crypto to Buy

This guide has provided a comprehensive review of the best beginner cryptos to buy in 2024, started by providing you with a list of the top coins to invest in for beginners and provided a brief overview of all these coins, telling you why they are worth watching for beginner crypto investors.

We even shared tips and tricks on how to identify top beginner cryptos and concluded by telling you about the best crypto wallet.

Want to jump straight to buying any of the beginner-friendly cryptos we have discussed? Follow the step-by-step guide to buying cryptos on eToro that we have outlined hereinabove.

Author Checked Reviewed and Fact Checked by Joshua Downes, Fintech, Blockchain Writer and Investment Analyst.

eToro Exchange

  • Free Copy Trading of Professional Traders
  • Over 75 cryptos to trade
  • Minimum deposit only $10
  • Best Beginner crypto exchange
  • Open to US & Worldwide – Accepts Paypal
9.9

5 Stars

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

FAQs - Best Beginner Cryptos to Buy Now

Which is the best crypto to buy for beginners?

Bitcoin is the overall best crypto to buy for beginners today because it is considerably less volatile than the majority of other coins - especially meme coins. It has also proved its resilience and continues to maintain an overall uptrending price action.

To find the best beginner crypto to buy, you will need to vet different assets. While at it, pay close attention to such features as its use cases, the potential for adoption, the viability of its underlying blockchain technology, as well as its past and expected future price performance.

It is simple. Start by registering a crypto trader account with a trading platform like eToro, deposit cash into this account, and find and start buying preferred beginner-friendly cryptos.

The minimum amount needed to start investing in beginner cryptos will mostly be determined by your preferred crypto exchange. At eToro, for instance, you can start buying crypto with $10, while other exchanges like Binance let you buy crypto with $10.

The volatility of different cryptos and the highly unpredictable nature of the crypto industry makes it impossible for virtually anyone to accurately tell which cryptos will rebound or rally over the next few months. However, some crypto experts believe that XRP crypto could explode in 2024.

Forecasters, analysts, and investors are sharply divided on the opinion of whether the crypto market will recover in 2024. One faction believes the marker has already started recovering, while another considers the current market direction a false rally and expects it to correct downwards in the last half of the year. This faction argues that the market will only start rebounding after the Bitcoin halving event of early 2024.