Do you know the types of cryptocurrencies ？Newbie investors should not miss it

3、Platform coins definition ：These are the currencies issued by cryptocurrency exchanges ，Similar to stocks

In the digital age ，Cryptocurrencies have become a popular branch in the financial investment field 。With the continuous development of blockchain technology and the increasing application scenarios of digital currency ，More and more people are starting to pay attention and try to enter this market full of potential 。For novice investors ，Understanding the types of cryptocurrencies is not just the basis for building portfolios ，It is also a prerequisite for making wise investment decisions 。Do you know the types of cryptocurrencies ？Newbie investors should not miss it 。

one 、What are the types of cryptocurrencies ？

The world of cryptocurrencies is colorful ，From the original Bitcoin to the current various currencies ，Too many to make people look dazzling 。Although some people call non-bitcoin cryptocurrencies 「Altcoins 」But in fact ，Many currencies have their own unique value 。

1、Public chain coins

definition ：These currencies run on so-called public blockchains （Public chain ）superior 。They are usually of specific blockchain systems 「fuel 」，Payment of transfer fees 、Used for voting decisions ，Or use it as a collateral for mining 。

example ：

BTC：Bitcoin is seen as gold in the cryptocurrency world ，Supply limit ，total 2100 Ten thousand 。

ETH：Currencies running on Ethereum ，The role of Ethereum is similar to the cryptocurrency world 「oil 」Used to pay transaction fees or execute smart contracts 。

2、Stable Coin

definition ：The main feature of stablecoins is their relatively stable value ，Not easily affected by market volatility 。They can be based on fiat currency 、The value of physical goods or other cryptocurrencies 。

example ：

USDT：Depend on Tether issued ，It is a stablecoin anchored to the US dollar ，Each USDT All are guaranteed by the corresponding US dollar or bonds 。

XAUT：Tether With the UK TG Commodities Cooperative issuance ，Value and gold link 。

DAI：Decentralized stablecoin ，Value USDCOther assets are guaranteed ，Generate through smart contracts 。

3、Platform coins

definition ：These are the currencies issued by cryptocurrency exchanges ，Similar to stocks 。Their value is often closely related to the performance of the exchange that issued it 。

example ：

BNB：Binance issued ，A variety of activities available for participating in the platform ，Like pledge mining 。

OKB：OKXOfficial currency ，Mainly used to pay transaction fees 、Participate in the voting 。

CRO：Crypto.com The currency issued ，Holders can enjoy specific offers on this platform 。

4、Meme Coin

feature ：These currencies were originally born from popular memes ，And quickly gained attention on online social platforms 。Their initial value is mostly topical and speculative ，But over time ，Some meme coins will be developed for practical applications 。

example ：

DOGE ：Dogecoin is the most famous meme coin ，Musk's strong support 。Some large enterprises are now ，Like Teslaand SpaceX，It has been accepted as a means of payment 。

SHIB ：Shiba Inu coins are similar to Dogecoin ，Have a unique ecosystem ，Like ShibaSwapThis type of decentralized trading platform 。

5、DeFiTokens

feature ：DeFiTokens are called 「Decentralized financial tokens 」，That is, currency that operates on a decentralized financial platform ，They can be used to participate in decision making ，Or obtain specific financial services 。

example ：

UNI：This is UniswapDecentralized exchange launches 。Hold a certain number of UNICan propose or vote ，Influence the development of the platform 。

AAVE：This is the token of a decentralized lending platform 。In addition to pledge and borrowing functions ，AAVEIt also gives governance rights and interests 。

6、GameFiTokens

feature ：These are cryptocurrencies in the gaming space ，Also called 「Gamified financial tokens 」。Players can use these coins to trade in the game 、Earn rewards 、Make decisions 。

example ：

SAND：The SandboxThe economic system of the game ，Players can use it to trade game items and land 。

AXS：From Axie Infinitygame ，Can be used for transactions 、Rewards for pledge 。

two 、Cryptocurrency ，Is it worth investing? ？

The following is before you make a judgment ，Some opinions and data to know

1、Market prospects ：According to blockchain data analysis company Chainalysis，Already available worldwide 3 100 million people own cryptocurrency assets 。But this only accounts for the global population. 5%！This means we are still in the early stages of cryptocurrencies ，It's like the undeveloped western part of the United States back then ，There is huge opportunity hidden in it 。

2、Learn history ：Some experts believe ，The cryptocurrency market is a bit like 1995 Year is here 2000 The Internet bubble in the years 。At that time ，Many Internet companies are springing up like mushrooms after a rain ，But only a few like Microsoft 、Google 、Amazon and Apple survive and develop 。

3、Multiple choices ：There are thousands of cryptocurrencies on the market 。Although there are so many choices ，But only a small percentage of the tokens will eventually succeed and gain wide acceptance 。

Take risks with caution ：Investing in cryptocurrencies has its reward ，But there are also high risks 。He will rise or fall sharply in a short period of time 。What is important is ，You have to be able to take the risk of loss 。

4、Do your homework ：Before investing ，Understand the currency or project you are investing in 。Research its technology 、team 、Development Plan …wait 。

5、Legal issues ：The legal status of cryptocurrencies in many countries is still under discussion ，This will affect its price and acceptance 。

6、Security Question ：There will be bad projects or frauds in the cryptocurrency market ，Plus, you will be hacked when you have an exchange ，So you have to be careful 。

three 、Summarize

In summary ，The world of cryptocurrencies is diversified and ever-evolving 。New investors before entering this market ，Time should be taken to understand different types of cryptocurrencies and the technical principles behind them 。Through in-depth research on the characteristics and market performance of various currencies ，Investors can better assess risk ，Develop strategies that meet your investment goals and risk tolerance 。at the same time ，Given the volatility of the cryptocurrency market ，New investors should act cautiously ，Don't invest money beyond your financial capabilities 。With the accumulation of experience and the improvement of market awareness ，Investors will be able to participate in cryptocurrency investment with more confidence ，And may benefit from this opportunity-filled area 。