The first cryptocurrency project – Bitcoin emerged in 2009, since then more than 18,000 cryptocurrencies have been launched. This number is growing rapidly but are all these assets really useful? In general, all these cryptocurrencies can be divided into two large groups. The first group includes those projects that are created for a particular purpose and have a general goal of bringing upgrades into the Defi industry. The second group is the group of speculative assets which are basically copies of another project and are created for fun. Some of them get incredible popularity due to their good marketing strategies while others just crash because of not having any value. From the investor’s perspective, it’s definitely more profitable and less risky to invest in the cryptocurrencies belonging to the first group. The reason is that they are quite promising and if the teams behind them can succeed in bringing their plans into reality, their value can grow respectively. But the industry is filled with multiple such assets – how do you know which one is worth investing in? In this guide, we will introduce to you the best cryptos to invest in 2022 which we have selected by analyzing the market in depth. Best Cryptos to Invest in 2022 Lucky Block – Fast Growing Cryptocurrency Game Platform Ethereum – The Most Popular Blockchain for Building dApps SushiSwap – AMM-Based Decentralized Exchange for Crypto Trading Compound – Decentralized Liquidity Pool to Lend and Borrow Cryptocurrencies Bitcoin – The Largest Cryptocurrency by Market Cap Uniswap – The Largest Decentralized Exchange Crypto by Market Cap Sandbox – Best Metaverse Crypto and NFT Gaming Platform Maker – Smart Contract Enabled Defi Landing Platform Best Exchange to Buy Cryptocurrencies The simplest and most affordable way to buy cryptocurrencies is to find a cryptocurrency exchange or a brokerage platform that supports your selected crypto asset. Searching for a crypto broker you will come across a lot of options and it can be quite complicated for you to decide which one to select. We have already explored the market to offer you the best platforms to buy cryptos in 2022. eToro is an FCA-regulated brokerage platform that supports trading in more than 100 countries. It’s one of the most reputable names in the industry due to its exceptional user experience, fast and easy to operate the platform, and strong security features. With eToro you can trade a wide selection of assets along with cryptocurrencies, including shares, forex, ETFs, Indices, etc. Invest$=Paxos StandardPaxos StandardStellarXRPLitecoinEthereumBitcoin CashBitcoinMonaCoinAugurBancor Network TokenGolem Network TokenMakerGnosisAragonBasic Attention TokenStatus Network TokenCrypto.comStorjDecentralandUtrustEnjin CoinChainlinkUSD CoinBitTorrentHedgeTradeQuantMatic NetworkOcean ProtocolAlgorandSwipeOrchid ProtocolMulti Collateral DaiCyberVeinHedera HashgraphUniBrightLoopring0xHiveRevainNervos NetworkSynthetixTetherCompoundCeloKusamaVergeTerraBitcoin GoldSteemKomodoEthereum ClassicZCashVeChainZilliqaTRONTezosSiacoinRavencoinQTUMOntologyOMG NetworkNEONEMMoneroLiskIOTAIOS tokenICON ProjectFantomEOSDogecoinDecredDashCosmosCardanoBitsharesBitcoin SVWavesyearn.financeKyber NetworkPAX GoldKavaBalancerCurve DAO TokenNanoBand ProtocolUMAStoxRENRIF TokenReserve RightsEnergy Web TokenFTX TokenElectroneumCelsius NetworkThorchainAaveSerumSushiBinance CoinHeliumZBChilizElrondAvalancheTomoChainDFI.moneyBitcoin DiamondThetaHuobi TokenBlockstackPolkadotStacksSolaSolanaStratisPlusCoinPolygonMachine Xchange CoinUniswap Protocol TokenHoloWrapped BitcoinThe GraphDaixDai ChainShiba InuSafeMoon1inchThe SandboxAxie Infinity ShardsHoge FinanceAlien WorldsYield Guild GamesAnkr NetworkHydro ProtocolOasis LabsRaydiumIlluviumRender TokenGalaTravalaPancakeSwapEthernity ChainHarmonyiEx.ecNumeraireaelfABBC CoinArdorAmpleforthCrypto.com Chain TokenArweaveWorldwide Asset eXchangeHorizenBytomGatechain TokenJUSTHyperCashNEXOFloki InuRefreshMore Filters1 Providers that match your filtersSort ByRatingRatingPrice1 Providers that match your filters Payment methodsCredit CardGiropayNetellerPaypalSepa TransferSkrillSofortFeaturesInstant VerificationFor BeginnersWallet ServiceMobile AppUsabilityVery GoodGoodAverageBadSupportVery GoodGoodAverageBadFees0 or betterSafety0 or betterCoin selection0 or betterRating0 or betterClear FilterRatingfor $1000 you get0.4902 ETHWhat we likeEasiest to depositMost regulatedCopytrade winning investorsFeesSafetyCoin selectionfor $1000 you get0.4902 ETHBuy EthereumRead Review68% of retail CFD accounts lose money.FeaturesPayment methods One of the best features of this broker is its social trading platform which is the reason why several beginners choose it. The platform allows you to follow the news, have conversations with other traders, ask questions, take part in discussions, and, what is most amazing, mirror the trades of professionals with just a click of a button. Another appealing thing about eToro is its pricing structure – the only trading fee charged by the broker is spreads which are quite competitive in the market. The non-trading fees include a flat withdrawal fee of $5 which is the same irrespective of the payment method you choose. There are not any account or deposit fees, and neither must you pay for using its social platform and tools. Binance is the largest cryptocurrency exchange by its trading liquidity and supports trading hundreds of coins, tokens, and NFTs providing a safe and advanced trading experience. Huobi is mostly popular in the Asian markets and provides a vast selection of assets and trading tools. Top Crypto Coins to Buy Now – Full List In this section, we will provide a short description of each cryptocurrency project included in our list of the best cryptos to buy. Read the descriptions to find out which cryptocurrency project you are most interested in and want to purchase. Lucky Block – Fast Growing Cryptocurrency Game Platform Lucky Block is a relatively new decentralized platform founded in January 2022. The project aims to incorporate blockchain technology into the industry of lottery games and make it more transparent and fair. The goal of the Lucky Block is that the players use the Blockchain protocols that operate on the Binance Smart Chain in playing the games of chance. With its innovative technologies, Lucky Block aims to raise the odds of a win for players allowing them to draw multiple times per day and reducing the costs of the lottery. The native token of the platform is LBLOCK which has become the fast-growing cryptocurrency in the market. It entered the market with a price of $0.00019 but has attracted more than 40,000 investors in a month. The prices soared up quickly and after a month of its launch, it hit its all-time high being traded slightly below $0.01. The project has grown a wide community on social networks and has over 47,000 members in its Telegram chats and more than 31,000 Twitter followers. Buy Lucky Block Your capital is at risk. Ethereum – The Most Popular Blockchain for Building dApps Ethereum is one of the most well-established cryptocurrency projects in the DeFi market that is familiar to almost everyone who ever traded cryptocurrencies. It was created by Russian- Canadian programmer Vitalik Buterin and has become the second-largest crypto project with a market cap of $359.5 billion. Ethereum is a blockchain platform that can be used for creating decentralized applications, hence it’s the home to several other cryptocurrency projects. Ethereum was the first platform to use smart contracts which are self-executing contracts representing the agreement between the buyer and the seller. Being launched on the Proof of Work mechanism, Ethereum is now in the process of moving to the Proof of Stake mechanism which is more environmentally friendly than PoW. Ether is the native cryptocurrency of the Ethereum blockchain which has the ticker ETH the current value of which is almost equal to $3000. As one of the most popular cryptocurrencies in the world, ETH is supported by all the leading crypto exchanges and brokers in the industry. Additionally, holders can stake their ETH tokens to promote network security and get rewards for that. Buy Ethereum Your capital is at risk. SushiSwap – AMM-Based Decentralized Exchange for Crypto Trading Along with the development of decentralized apps, decentralized exchanges also emerged which, similar to traditional exchanges, support buying and selling cryptocurrencies. Sushswap is one of such DEXs running on the Ethereum blockchain and like many other decentralized exchanges it uses the idea of collective liquidity pools. Unlike traditional exchanges which provide a third party to manage the transactions, on SushiSwap the assets are locked in smart contracts – holders lock their cryptocurrencies into these pools and buyers purchase them. This mechanism is known as Automated Market Maker as everything is done through codes and there is no central governing party needed. The native token of Sushiswap is SUSHI which is a governance token meaning that everyone holding a SUSHI token can propose changes regarding the operations of the project and vote on the others’ proposals. SUSHI entered the market with a price of below $1. In less than a year the prices increased drastically and Sushiswap hit an all-time high of $22 on March 13, 2021. SUSHI’s value then started to fall, influenced by several reasons including a large sale by one of its founders. Buy Sushiswap Your capital is at risk. Compound – Decentralized Liquidity Pool to Lend and Borrow Cryptocurrencies Compound is an Ethereum-based cryptocurrency project founded by entrepreneurs Robert Leshner and Geoffrey Hayes. The project seeks to create a traditional money market where users can lend funds and get rewards for that. In contrast, borrowers can take loans from the market and pay the interest rates. For now, the platform supports more than 10 cryptocurrencies, including Ethereum, Dai, Tether, USD Coin, Wrapped Bitcoin, etc. Founded in 2017 as a startup, Compound managed to raise $8.2 million in capital in 2018 from such popular companies as Andreessen Horowitz and Bain Capital Ventures. Another such experience the project had in 2019 raising almost $25 million from companies Like Coinbase and Paradigm Capital. Apart from borrowing and lending multiple cryptocurrencies, Compound has its own token COMP, which is used for granting platform users any time they interact with the Compound network. COMP token has a maximum supply of 10 million tokens and 67% are already in circulation. Compound has a market cap of more than $836 million with which it’s included among the 100 largest cryptocurrencies. Buy Compound Your capital is at risk. Bitcoin – The Largest Cryptocurrency by Market Cap Bitcoin is the first cryptocurrency ever built which was funded in 2009 by an individual or a group of people nicknamed Satoshi Nakamoto. Over the years, Bitcoin has managed to generate huge popularity due to which it has become the largest cryptocurrency by its market cap. Another reason for this is that Bitcoin has a limited supply of coins – only 20 million BTC can be issued and more than 19 million are already in circulation. Bitcoin aims to create a decentralized payment system through which everybody can make transactions from any part of the world while remaining anonymous. The cryptocurrency uses blockchain technology based on the Proof of Work protocol and to become a Bitcoin miner you need to have sophisticated hardware and provide huge electricity power to generate a new block. One of the reasons to invest in Bitcoin is that it can be considered the most well-established crypto project in the industry. Additionally, several big companies already support BTC and you can buy goods or services from them in Bitcoins. The next reason is Bitcoin’s low supply which will influence its price positively if the demand for BTC rises. Still, if you can’t afford to buy 1 BTC, it’s possible to purchase a fraction of it paying as little as $50. Buy Bitcoin Your capital is at risk. Uniswap – The Largest Decentralized Exchange Crypto by Market Cap Uniswap is another Ethereum-based project that seeks to build a decentralized exchange through the collection of liquidity pools. The platform has two member groups – liquidity providers and traders. The first group members lock their assets in smart contracts through which later traders can buy and sell assets. Buyers and sellers pay transaction fees for conducting trades on Uniswap which is later used to distribute UNI tokens to the liquidity providers. In this way, there is not any third party governing the whale process. Though there are multiple DEX projects in the industry, Uniswap has already garnered a lot of attention and is the largest DEX project by its market cap. Uniswap is among the first DEXs built to provide automated liquidity. It was founded in 2018 by Hayden Adams and in 2020 the project airdropped 400 tokens to the community who had done any transaction on the platform before 2020 September. Apart from being used to pay for transaction fees and granting liquidity providers, Uniswap also powers its holders with governing rights meaning that they can vote on changes concerning the project. Buy Uniswap Your capital is at risk. Sandbox – Best Metaverse Crypto and NFT Gaming Platform Sandbox is one of the most popular Metaverse projects that provides a gaming platform where users can create their own avatars in the form of NFTs, develop them, and sell them in the Sandbox Marketplace to generate rewards. The gaming platform is highly functional: avatar owners not only hold them but they buy weapons, clothes and accessories for them. They can also own a piece of LAND within the platform. Later they can upgrade their LAND with more items, host events and take entrance fees, or give others for rent. To power its network the Sandbox project created the SAND token which is both a utility and a governance token. SAND is used to pay for transaction fees, generate rewards, stake, and vote on the changes. The SAND token has a market capitalization of almost $3 billion and is among the 50 largest cryptocurrencies by market cap. Buy Sandbox Your capital is at risk. Maker – Smart Contract Enabled Defi Landing Platform The Maker project is one of the earliest Defi projects that was founded in 2015 by Danis entrepreneur Rune Christensen. The project consists of the Maker DAO and Maker protocol. The first one is a decentralized organization built to operate the Maker protocol which is designed to allow people to issue DAI coins. DAI is a USD-pegged stablecoin meaning that its value is always kept equal to the US dollar irrespective of any changes in the market. Maker DAO is powered by the MKR cryptocurrency which is a governance token and anyone holding it possesses some ownership over the Maker DAO ecosystem. It means that MKR holders can participate in the development of the project and vote on the proposals regarding it. MKR is valued at $1650 at the time of writing and with its current circulating supply raises a market cap of $1.6 billion. The maximum supply of the cryptocurrency is 1,005,577 MKR coins and more than 97% are already in circulation. Buy Maker Your capital is at risk. How We Reviewed the Best Cryptocurrencies to Invest in The cryptocurrency market is extremely big with thousands of crypto projects created for different purposes. The versatility of the industry makes it quite challenging to find profitable cryptocurrencies. Along with innovative projects, there are multiple other digital currencies created only as a hype which are rather risky and can crash after their prices soar up for a particular period. But how to know which are the best cryptocurrencies to invest in. Here is a combination of factors that we take into account when we review digital currencies. Security Cryptocurrencies are usually based on blockchain technology which is quite secure due to their decentralized nature. However, there have been cases when blockchains are hacked, so they are not completely safe and you need to learn about the technology it is based on if you will make a large investment in it. However, if you don’t have too much time to spend reviewing blockchains you can rely on experts’ opinions about them. Potential growth To know a crypto asset’s potential for future gains, you need to analyze all the programs the team behind the cryptocurrency project plans to implement in the future. Additionally, you should explore what ecosystem the coin supports and whether it has generated good popularity. Apart from it, you need to explore its price performance in the market. In short, you need to conduct a market and fundamental analysis of the cryptocurrency to understand if it has the potential of growing in the future. Use Cases Utility is another metric that you can pay attention to when selecting which cryptocurrency to invest in. If the coin has versatile use cases consequently it will be purchased for different purposes and there can be high demand for that crypto asset. For example, Bitcoin is digital money that has already been adopted by several companies as a payment method. ETH is used for paying gad fees within the Ethereum blockchain but has other use cases too. Sand is a governance token that is also used to pay for transaction fees and to trade in the Sandbox Marketplace. When you invest in a crypto asset that can be used on versatile platforms other than simply being a tradable asset, you can at least do another thing with it if you don’t profit. Is it the Right Time to Invest in Digital Assets? Whether it is the right time to invest in cryptocurrencies or not depends on your budget and trading preferences. In fact, the cryptocurrency market is hugely volatile now which promises high rewards but is also rather risky. The reason is that it is not regulated by any single authority or government and instead uses a decentralized platform called a blockchain. Due to this, crypto prices are mainly associated with the supply and demand law. So, when there is a high demand in the market, and the coin has a low supply its value increases. In contrast, if it has a huge supply and low demand the prices decrease. Bitcoin, for instance, has a maximum supply of 20 million coins, and when all the coins are issued its value will be affected positively if there is an increasing demand for this digital asset. Handling the volatility problem is extremely difficult when it comes to cryptocurrencies, hence you need to be very careful with your capital and only invest in the projects that have the potential to grow and increase their value. Many of the cryptocurrencies that we reviewed in our guide are traded at low prices right now. These tokens are issued to power quite promising Defi projects and if the projects succeed in attracting mass attention, they can become well-established Defi products in the future. All the projects have room for growth in the future so you can consider buying some of them in low amounts to diversify your portfolio. Other projects like Bitcoin or Ethereum can be bought in fractions which means you don’t need to buy a whole BTC but a fraction of it. These coins seem to be not so profitable when you invest in small amounts however they have several use cases and can become the future of digital money. Hence, it’s really worth having some capital in BTCs or ETHs. Where to Buy and Trade Cryptocurrencies? Now that you are familiar with the best cryptocurrencies and have learned what purposes each of them is built for, you may be curious about investing in them or trading them. To trade or invest in cryptocurrencies you will need an excellent cryptocurrency exchange or an online broker that supports the coins you want to buy and supports trading in your country. In this part, we will guide you on how to invest and where to trade the best cryptos in 2022. How to Buy Crypto Coins Step by Step with eToro If you want to invest in cryptocurrencies and still don’t know how to start, we have introduced a step-by-step guide on how to do it. We will explain the whole process with one of the leading brokerage platforms- eToro which supports most of the coins we included in our recommendation list. eToro is an excellent choice for beginners – it’s safe, functional, and quick to operate. Register for an Account To begin with, visit eToro’s website by the link, and on the first page click on the green button that says “Star Investing”. Once you click it, the eToro’s registration window will spring up where you initially need to create a username, and password and provide your email for verification. Next, you need to complete the registration process by clicking on the corresponding button next to your avatar. Here you will be asked some questions about your identity, including name, surname, address, gender, date of birth, etc. eToro will also ask you to fill in some details about your capital and investment goals Verify Your Account Moving forward, you need to verify your account, as eToro is a highly-regulated platform, and all the accounts on the platform are verified for safety purposes. If you have already verified your email and phone, you have simply two verification levels to go through – ID and address. For the first one, you can provide your ID or passport copy and the second one can be verified through a bank document or a utility bill. Deposit Funds Once your account is verified, you must charge it with some money to buy coins. Multiple payment options are supported by eToro, including credit and debit cards, wire and bank transfers, and e-wallets (Neteller, PayPal, and Skrill). Whatever payment method you use you don’t need to pay a deposit fee and a conversion fee is charged if you are making a non-USD contract. Of note, we should add that using bank card options you can charge your account in two-three hours while wire transfer takes the longest time. After selecting how you will make a deposit, provide your card or e-wallet details and fill in how much money you want to send. The steps about how to use the wire transfer method are thoroughly explained on eToro’s platform. Select the Crypto and Make a Purchase When your account is prepared for making the purchase, type your selected cryptos name in the search box and click on the first result. To make a transaction click on the “Trade” button and in the “Buy” window write the amount you want to purchase. Once your transaction is completed, you will immediately see the number of coins on your exchange account. Where to Trade Crypto Coins? Cryptocurrency trading differs from long-term investments in some crucial factors. First and foremost, trading involves creating frequent buy and sell orders especially when you have chosen a scalping strategy. Whenever you open or close your position you must pay a trading fee to your broker. Plus, it should operate quickly so that you can manage to conduct trades corresponding to the market changes. To meet these requirements, you should find a suitable cryptocurrency exchange that will support multiple coins, offer a competitive pricing structure and guarantee the safety of your funds. Due to thorough research, we have handpicked the best platforms in the industry to trade cryptocurrencies in 2022. Binance Crypto.com Huobi eToro may not have as many technical indicators for TA but it does offer copytrading to replicate the buys and sells of a professional investor. Conclusion Cryptocurrencies have been around for less than two decades meaning they are not yet so well-established to be completely reliable. Plus, they stand out with high volatility, and the risk of losing your capital can be high. Along with being too risky, cryptocurrencies also promise high returns if you invest in them reasonably. While analyzing whether it’s the right time to buy cryptos or not you need to consider multiple factors including such general ones as the global economy, political situation, etc. You need to do fundamental and market analysis to manage your trades and bring your investments to a more advanced level. Another crucial thing to consider in selecting a good brokerage platform that will meet your requirements. A good crypto platform provides a better trading experience, and more profitable investments and keeps your funds and data safe. Our top recommendation is eToro. In this guide, we already listed some best cryptos to invest in in 2022, so you can pick your favorite ones and open an account to start trading. Visit the Lucky Block website for guides on how to buy LBLOCK and links to the official Telegram community. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 20 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit Buy Crypto 68% of retail investor accounts lose money when trading CFDs with this provider. FAQs What is the market cap of the cryptocurrency market? The global cryptocurrency market cap is equal to $1.8 trillion, according to coinmarketcap.com. Bitcoin has the largest market capitalization among thousands of cryptocurrencies ($731.7 billion as of writing) and Ethereum follows Bitcoin with its $343.5 billion market cap. Can cryptocurrencies replace fiat currencies? There are no cases in the industry where cryptocurrencies have replaced fiat currencies. But cryptos have entered our daily lives significantly and Defi projects develop new projects seeking to bring upgrades in different industries to replace the centralized systems. For now, there is not any point to assume that cryptos can overtake fiat in the future. However, there are several companies that accept BTC or other coins as payment methods. What is the best way to buy cryptocurrencies? The best and fastest way to invest in cryptocurrencies is to find a cryptocurrency broker, sign up for an online account, and purchase coins. The cryptocurrency exchange industry is tremendous and you have a vast selection of platforms to select from. eToro is one of the best names in the industry that provides a cost-effective and safe investing experience. What are the best crypto coins to buy right now? Before investing in any cryptocurrency, you should do your own research and make sure you can afford to put the capital in it even if its prices decrease. We recommend investing in such cryptos that seem to be promising - our best cryptos list includes Bitcoin, Ethereum, Sushiswap, Maker, Uniswap, Sandbox, Compound, and Lucky Block.