The veritable flood of cryptocurrencies, combined with volatile markets, has made it incredibly hard for investors to decide where to put their trust and money. Separating the wheat from the chaff in today’s crypto markets seems like an impossible task even for experts, let alone casual investors. That is why we have decided to create this guide, aimed at people looking for the best cryptocurrency to invest in the UK. Hopefully, it will help you create a diverse portfolio that will be able to weather market risks and earn you some money.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
What Is the Best Cryptocurrency to Invest In the UK?
Before we answer that question, we need to take a look at how digital coins fared last year. 2021 was a very turbulent year for crypto traders. Despite all the concerns about climate change and growing energy consumption, not to mention transparency issues, bitcoin reached $1 trillion in market value. In November, BTC was trading for $69,000, an all-time high. Even China’s crackdown on crypto miners only managed to put a small dent into bitcoin’s growth. The emergence of NFT was another significant event that marked last year, as well as further adoption of blockchain applications like decentralized finance, or DeFi.
All in all, 2021 was a year of record growth for the cryptocurrency market, hovering around and even briefly going over $3 trillion in value. The big question everyone is asking now is will the trend continue in 2022? Many experts agree that it will and that prospects for long-term investments are excellent. Here are our suggestions on how you can benefit from the current bull market. Our list of best crypto to invest in the UK is by no means exhaustive, but it will give you a good idea of what to look for when investing in cryptocurrency in 2022.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
- Lucky Block – Best Option for Cryptocurrency Investment
- Yearn.finance – Most Intriguing Cryptocurrency
- Bitcoin – Best Cryptocurrency to Invest for Long-Term Gains
- Binance Coin – Most Stable Cryptocurrency
- Ethereum – Excellent Cryptocurrency with Wide Application
- Shiba Inu – The Best Meme Coin
Lucky Block – The Best Option for Cryptocurrency Investment
Without any doubt, Lucky Block represents the best crypto to invest in UK, as well as in the rest of the world in 2022. Lucky Block was designed with one ambitious goal in mind, to completely transform the global lottery industry. The idea is simple enough, transfer all lottery activities on blockchain and utilize its inherent advantages. As transparency is an inherent trait of any blockchain system, the integrity of the process will be ensured.
To further increase players’ trust, the system will be based on smart contracts. This will prevent any inside or outside interference from affecting the outcome. Pre-launch is scheduled for early 2022, while the Lucky Block token will be released on Pancakeswap later on.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Yearn.finance – Most Intriguing Cryptocurrency
Yearn.finance is one the most interesting projects from last year, showing a strong upward momentum that carried over to this year. It is widely considered as one of the best cryptocurrencies to invest in in 2022 for short-term gains. Rising in value from $22,000 per token in early 2021 to more than $93,000 by Q3, Yearn.finance is one of the most expensive digital coins on the market today. Tokens can be fractionated, so all crypto exchanges in the UK will gladly sell you fractions at the minimum investment threshold.
The amazing idea behind yearn.finance ensures that its value will continue to rise in 2022. A decentralized financial system that it helps create will go a long way towards full crypto implementation and adoption.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Bitcoin – Best Cryptocurrency to Invest for Long-Term Gains
The coin that started it all is still largely synonymous with cryptocurrency. Bitcoin has posted record-high value in 2021, continuing the trend of strong growth from the last several years. At the moment, there is no doubt that it will continue to do so in 2022. If you are looking for the best cryptocurrency to invest in for long-term gains, then if you buy bitcoin this would be your safest bet.
Despite some misgivings, bitcoin remains the staple of crypto markets. After all, it is the first crypto that you can buy futures on, the first crypto that hedge funds started tracking, and the first crypto that an S&P 500 company reported on its balance sheet. All these create a lot of institutional trusts, and that is a key component for long-term success in the world of finance. Bitcoin has been around for a long time and it is generally accepted that it is here to stay. Leading cryptocurrency projects such as Bitcoin, Ethereum, and even Yearn. Finance now need thousands of dollars to purchase a single token. If you’re thinking about investing in Bitcoin, make sure you know how to buy Bitcoin in the UK safely.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Binance Coin – Most Stable Cryptocurrency
With a market capitalization of more than $80 billion, Binance Coin is the third-largest crypto on the market. Created as a native currency by Binance, the world’s biggest crypto exchange, BNB has grown by more than 1,000% since its creation in 2017. If you invested $100 back then, you would have $10,000 today, less than five years later.
Functioning as a blockchain framework, Binance Smart Chain hosts thousands of tokens currently listed on crypto exchanges around the world, all adding to the stability and robustness of the network. Every transaction in any of these coins must be paid in BNB, adding to its utility and value and ensuring long-term prospects.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Ethereum – Excellent Cryptocurrency with Wide Application
When Vitalik Buterin launched Ethereum’s native token Ether in 2015, it was worth $0.311. Last year, it reached its record value of $4,800. It has dipped since then, trading at just below $3,000, but some experts claim that Ether will bounce back dramatically, predicting a 400% growth in 2022 alone. One thing that Ether has worked to its advantage that competition lacks is its usefulness as a software network development tool. Its blockchain network is designed to host a wide variety of products, not just cryptocurrency.
Developers from various industries, including music, entertainment, gaming, and decentralized finance (DeFi) are utilizing Ethereum to create content and applications. This ability alone would be enough to keep Ether on the rise for the foreseeable future, even disregarding its uses outside the native network. If you’re thinking about investing in crypto in the UK, make sure you stay informed and up to date with the latest developments.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Shiba Inu – The Best Meme Coin
Following the whole AMC Entertainment and GameStop affair that propelled Shiba Inu from memes to mainstream investments, this token now sits at an amazing $12 billion market cap. That represents an increase in value of a staggering 43 million percent since the coin was launched in 2020. Even the recent dip hasn’t discouraged the investors, as many experts agree that Shiba Inu will continue its growth in 2022, albeit at a much more modest pace of around 50%. Still, an ROI of 50% is nothing to snicker about.
The creators of Shiba Inu have issued one quadrillion tokens, so despite a massive market cap, a single token still only costs $0.000021. As we write this, the trading volume for Shibu Ina was almost $450 million, meaning that the coin is attracting a lot of attention and is deserving a spot on our list of best cryptocurrency to invest in the UK. If you’re interested in investing in Shiba Inu, follow our guide on how to buy Shiba Inu in the UK.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to Buy Cryptocurrency in the UK?
With any luck, we have provided you with enough info to make an informed decision on which cryptocurrency to invest in in 2022. But deciding what is the best cryptocurrency to invest in the UK is just a part of the problem. Now you have to actually buy it and add it to your portfolio, which can sound intimidating to people inexperienced with investing in digital coins. For that purpose, we have created this simple guide that will get you up to speed and running in no time and explain how to buy a cryptocurrency.
How to Buy Lucky Block
As of now, Lucky Block is valued at $0.001372, which makes it very cheap to get in on the ground floor. Please note that at the moment, you can only buy it with BNB, since the token is still at the pre-launch phase. Here is how to do it.
Like most other tokens, Lucky Block has its own secure site to buy coins during the pre-launch. Visiting it is the first step of making a purchase.
Connect your BNB wallet by clicking the button and selecting your wallet provider from the drop-down menu.
Decide how many tokens you want to buy and enter the amount. Make sure that you have enough BNB in your wallet to cover the purchase.
Authorize the transaction and the system will make the exchange, depositing Lucky Block coins into your wallet.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Conclusion
As we mentioned earlier, deciding which is the best crypto to buy in the UK can be a daunting process. After reading our guide, you should have a clearer picture of your options and the best course of action. It all boils down to what your goal is. We have presented you with the best options for both short and long-term investments, but our overall choice for the best crypto investment today is Lucky Block.
As the pre-launch window is nearing its end, there are still plenty of tokens available and after the official launch, their price will soar. Getting them at this junction is one of the best opportunities on the market today.
Source: CryptoPR
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