{"id":338895,"date":"2022-09-14T10:07:07","date_gmt":"2022-09-14T14:07:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=338895"},"modified":"2024-12-21T03:47:57","modified_gmt":"2024-12-21T03:47:57","slug":"best-reddit-crypto-to-buy","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-reddit-crypto-to-buy","title":{"rendered":"10+ Best Reddit Crypto to Buy – Latest Trends on Crypto Reddit"},"content":{"rendered":"

Reddit is one of the most active platforms when it comes to cryptocurrency discussions and trading ideas. Members and lurkers can find discussion of the hottest cryptocurrencies on the market, get crypto trading tips, find out which cryptocurrency prices might pump, and learn a lot of valuable tricks about cryptocurrency investment.\u00a0<\/span><\/p>\n

Crypto Reddit chatter is an excellent source of information when it comes to cryptocurrency trading and the conversations on Reddit groups and threads devoted to crypto trading can help you enormously in building your trading career.\u00a0<\/span><\/p>\n

But Reddit is also a huge platform and is filled with a lot of information that may be unnecessary and sometimes even deceptive. To avoid such valueless groups you need to know which Reddit groups are the best to join and get useful information. In this guide, we have enumerated and described the best crypto groups to find on Reddit. Additionally, we introduced the best cryptocurrencies to invest in<\/a> for 2024 according to Reddit group discussions and trends.<\/span><\/p>\n

\n

Best Crypto to Buy Right Now Reddit 2024<\/h2>\n

To invest in a cryptocurrency you must, first of all, explore the ecosystem where it is used, take a look at its price experience and market analysis, learn about its future plans, etc. The process may seem quite daunting as there are thousands of cryptocurrencies and it may take you a lot of time to find out the best cryptos to buy.\u00a0<\/span><\/p>\n

If you do not have enough time to research, you can check out which crypto assets are recommended by experts on Reddit. Here is a list of the best cryptos to buy on Reddit in 2024 recommended by popular crypto groups.\u00a0<\/span><\/p>\n

    \n
  1. dogwifhat<\/strong> – No-Utility Memecoin With Massive Hype-Based Growth<\/li>\n
  2. Pyth Network\u00a0<\/strong>– Popular Price Aggregator Reddit Crypto<\/li>\n
  3. Solana <\/b>– Fast Blockchain Crypto to Buy, Popular on Reddit<\/span><\/li>\n
  4. Myro\u00a0<\/strong>– Memecoin Built on the Solana Blockchain Popular on Reddit<\/li>\n
  5. Bitcoin <\/b>– First and Largest Cryptocurrency to Buy, Reddit’s Crypto King<\/span><\/li>\n
  6. Wall Street Pepe\u00a0<\/strong>– Pepe-Themed Meme Coin inspired by Wall Street Bets<\/li>\n
  7. Dogecoin<\/strong> – Best Reddit Crypto to Buy in the Big Cap Meme Coin Category<\/li>\n
  8. Best Wallet Token\u00a0<\/strong>– Leading Crypto Powering an Accessible Crypto Wallet<\/li>\n
  9. Catslap<\/strong> – Click-to-Slap Cat Meme Reddit Crypto<\/li>\n
  10. Flockerz<\/strong> – Popular Reddit Crypto In Its Presale Stage<\/li>\n
  11. Sui <\/strong>– Emerging L1 Blockchain Constantly Announcing Updates<\/li>\n<\/ol>\n<\/div><\/div>\n

    Best Reddit Cryptos to Buy – Full Reviews<\/h2>\n

    In the previous section, we have introduced a quick list of the best cryptocurrencies<\/a> with their short descriptions which are mostly recommended on Reddit crypto groups. But if you want to invest in cryptocurrencies it is also crucial to know what each of them is designed for and what plans it has regarding the DeFi industry.\u00a0<\/span><\/p>\n

    Hence, in this section, we will provide you with a detailed description of all the cryptocurrencies included in our recommendation list. These descriptions will help you understand what DeFi industries each of the coins tries to develop. Hence, you can select the one which you believe can succeed and bring you high rewards.<\/span><\/p>\n

    dogwifhat – No-Utility Memecoin With Massive Hype-Based Growth<\/h3>\n

    Dogwifhat is one of those crypto projects that launch as memecoins with no apparent utility or roadmap but still manage to garner hype and thrive in any market conditions. These projects may not survive in the long run unless they start developing use cases on top of the project; however, they can be excellent short-term investments, and that is exactly how a majority of the community seems to be viewing this token. The project has been gaining fame on Reddit channels and is being heavily endorsed by many prominent names in the crypto space as well.<\/p>\n

    \"Dogwifhat<\/p>\n

    The project has been launched as nothing more than a memecoin created to cater to meme enthusiasts. The project’s website simply has some random text about the token being among the best investment options to consider. It has already made it to several popular websites while amassing a massive social media following.<\/p>\n

    Currently priced at $0.28, the WIF token is being speculated to have a pump in the foreseeable future, with many expecting it to compete with some of the top memecoins in the industry at the moment. While this may not be a sure shot, it is likely that the Reddit token may see an increase in popularity in the upcoming months.<\/p>\n

    Pyth Network\u00a0– Popular Price Aggregator Reddit Crypto<\/h3>\n

    Another utility token that has gained fame among several crypto-related Reddit communities is the Pyth Network project. Pyth Network is a new token on Solana for oracles, providing price feed data from third-party sources for use in smart contracts on the blockchain, with over $70 billion of trading volume in more than 200 applications. The project has been embraced by the wider community of developers, evident by the increase in demand seen by the token recently.<\/p>\n

    \"pyth<\/p>\n

    The Pyth Network, a price aggregator oracle, launched in November 2023 and has already become one of the more notable new crypto platforms. The system has already generated a market cap of about $540 million, and with token airdrops set to take place over the next month or so, investors will be keeping a close eye on it. It has been consistent in keeping its social media community updated about any developments or upgrades within the project as well, which has helped it build a good relationship with its holders.<\/p>\n

    Since the project actually manages to solve an issue with its innovative use case, it may not be surprising to see Pyth Network as one of the top gainers in the next couple of weeks. However, this will also largely depend on how excited the community shows, especially on popular social media platforms like Reddit.<\/p>\n

    Solana – Fast Blockchain Crypto to Buy, Popular on Reddit<\/h3>\n

    The <\/span>Solana<\/span><\/a> project provides one of the fastest blockchains in the DeFi industry. It is a decentralized platform on top of which developers can build dApps enjoying fast transactions, low network congestion, and low transaction fees. Due to its unique peculiarities, Solana now can compete with such popular blockchain platforms as Ethereum and Cardano.\u00a0<\/span><\/p>\n

    The project was developed in 2017 by Anatoly Yakovenko, who later teamed up with Greg Fitzgerald, Stephen Akridge, and Raj Gekal to create Solana Labs which now operates the Solana blockchain. Dubbed as \u201cEthereum killer\u201d, the Solana blockchain can proceed up to 65.000 transactions in one second and one transaction costs as low as $0.00025. It becomes possible because of the unique consensus mechanism called Proof of History which helps to optimize all the transactions on the network and arranges the transactions in chronological order.\u00a0<\/span><\/p>\n

    \"Solana\"<\/p>\n

    Apart from it, Solana uses the quite popular Proof of Stake mechanism to verify transactions and has a native ERC-20 token called SOL coin. SOL is the main fuel of the Solana network and it is used for different purposes. First of all, it is used to conduct transactions on the Solana blockchain. Additionally, holders can stake or lock their SOL tokens and be selected as block creators. Validators get rewarded for their service in SOL tokens. Finally, SOL is a governance coin and users can also stake their SOL to participate in the governance of the project.\u00a0<\/span><\/p>\n

    The coin was officially launched in March 2020 through a public sale during which it raised $1.76 million. Before that, it had also conducted a private sale and managed to raise $20 million worth of capital. Over the years Solana has become incredibly popular and attracted several developers. Among the most popular projects built on Solana include Serum blockchain and Degenerate Apes Academy. And SOL token is among the 10 largest cryptocurrencies by its market capitalization.<\/span><\/p>\n

    Myro\u00a0– Memecoin Built on the Solana Blockchain Popular on Reddit<\/h3>\n

    As a project launched with a meme theme similar to Shiba Inu and Doge, the Myro project gained popularity for being built on the Solana blockchain, unlike the other two. The recent growth of Solana has also contributed to the popularity of the Myro project. Like most memecoins we’ve covered before, Myro is also a community-driven token, aiming to bring the community together around the Solana blockchain.<\/p>\n

    \"Myro<\/p>\n

    However, some of its goals are lofty. Myro not only aims to strengthen the community around the Solana blockchain but also seeks to make Solana an attractive asset for institutional investors, customers, and whales. While there isn’t much information about the project’s plans for integrating utility, it does have a staking feature already.<\/p>\n

    To bring this dream to fruition, Myro is introducing the Solana BuyBot, the first comprehensive bot by the Solana blockchain on Telegram. Myro\u2019s performance on the price charts has been similar to other tokens we’ve covered before. As a meme coin, its value jumped before a minor drop. However, it’s also possible that the token may grow in popularity at a considerable pace in the upcoming weeks if the Reddit community continues to show the same level of excitement it has been displaying in recent days.<\/p>\n

    Bitcoin – First and Largest Cryptocurrency to Buy, Reddit’s Crypto King<\/h3>\n

    Bitcoin<\/span><\/a> is the most popular cryptocurrency and you may have heard about it even if you have never traded or never had any interaction with the DeFi industry. It was the first cryptocurrency to launch and inspired the creation of thousands of other cryptocurrency projects. Currently, Bitcoin is the most valuable coin and has the largest market capitalization which is worth almost $466 billion.\u00a0<\/span><\/p>\n

    The discussions about Bitcoin on Reddit are still positive and many people recommend investing in it though recently it has lost its value significantly. The Bitcoin group created on Reddit has more than 4 million users, many of them claiming that it is the correct time to buy Bitcoin. Bitcoin is so valuable due to its several peculiarities. In the first place, it was the first cryptocurrency and was created in 2009 by an anonymous developer or a group of people with the pseudonym Satoshi Nakamoto.\u00a0<\/span><\/p>\n

    \"Bitcoin\"<\/p>\n

    Bitcoin introduced the concept of decentralization in the way people do their payments. It is virtual money used for buying services and goods but the difference between Bitcoin and traditional money is that Bitcoin is decentralized. It means that transactions are conducted between two parties and there is no third party (be it a person, a group, or an entity) involved in the process. The transactions are verified by block miners who get rewarded for their work in BTCs.\u00a0<\/span><\/p>\n

    The amount of BTCs rewarded for mining each block is halved every four years meaning that it becomes more and more difficult over the years to mine a new block. Additionally, Bitcoin has a limited supply of 21 million BTCs and 18 million BTCs are already released. Its scarcity makes bitcoin even more valuable. Other features helping bitcoin to be adopted as a payment method include durability, fungibility, portability, and divisibility.<\/span><\/p>\n

    Wall Street Pepe\u00a0– Pepe-Themed Meme Coin inspired by Wall Street Bets<\/h3>\n

    Wall Street Bets made headlines by orchestrating a short squeeze on GameStop stock, delivering extraordinary gains to everyday investors while creating chaos for hedge funds betting against the stock. This phenomenon highlighted the power of collective action in financial markets and drew parallels with the meme coin space, where only a select few often reap the biggest rewards. Just as Wall Street Bets disrupted the traditional stock market, Wall Street Pepe aims to revolutionize the meme coin niche.<\/p>\n

    \"Wall<\/p>\n

    Taking inspiration from Wall Street Bets, Wall Street Pepe is built to empower everyday investors, leveling the playing field in the meme coin market. Its mission is to democratize crypto wealth by offering a token that combines relatability, strong utility, and community-driven momentum. By leveraging Pepe\u2019s viral popularity, Wall Street Pepe has the potential to attract significant attention and grow in value.<\/p>\n

    The token offers a variety of use cases that make it a practical choice for investors. Wall Street Pepe provides staking opportunities with dynamic rewards, trading insights, strategies, and alpha features to help users navigate the crypto market. The WEPE Army, its exclusive community, fosters collaboration and shared knowledge. Its mascot\u2014a Pepe dressed in a shirt, pants, and tie\u2014represents the everyday individual engaging in their 9 to 5 to become successful. This combination of relatable imagery and robust use cases makes Wall Street Pepe particularly appealing to low-cap investors and beginners, paving the way for it to become the next best Reddit crypto sensation.<\/p>\n

    One of Wall Street Pepe\u2019s taglines, \u201cGreed is Good,\u201d encapsulates its dual approach: providing opportunities for all while retaining the allure of an exclusive community. This balance ensures that both seasoned traders and newcomers feel connected and engaged with the project.<\/p>\n

    With its relatable design, active community, and focus on social engagement, Wall Street Pepe is well-positioned to become a major hit on Reddit. Its ability to tap into the platform\u2019s collaborative and meme-driven culture could make it one of the most talked-about cryptos in the near future.<\/p>\n

    Dogecoin – Best Reddit Crypto to Buy in the Big Cap Meme Coin Category<\/h3>\n

    Dogecoin<\/span><\/a> is among the first cryptocurrencies that belong to the group of meme coins. These cryptocurrencies are launched as jokes and do not intend to bring any significant value or a problem-solving technology into the industry. Dogecoin was launched in 2013 by Reddit friends Billy Marcus and Jackson Palmer who combined the idea of bitcoin with a popular meme representing the Shiba Inu dog and some mispronounced words written on it in English.<\/span><\/p>\n

    It used the Shiba Inu meme dog as its logo and created a utility token called DOGE. At first, DOGE did not have any significant value, but gradually it garnered a lot of attention and finally became a popular meme coin on Reddit. Dogecoin even had an army of its popularizers who dubbed themselves Shibes. They used DOGE tokens for such events as to grant Reddit content creators and even fundraise money for charities.\u00a0<\/span><\/p>\n

    \"Dogecoin\"<\/p>\n

    For most of the time, Dogecoin\u2019s value remained very low but in 2021 its prices soared up thousands of times, and eventually, DOGE became among the ten largest cryptocurrencies by market capitalization. One of the main reasons why DOGE has become so popular was that many celebrities started buying DOGEs and talking about it. Even famous entrepreneur Elon Musk owned Dogecoin and intensively tweeted about it on its Twitter account.\u00a0<\/span><\/p>\n

    Currently, Dogecoin is the 10th largest crypto with a market cap of over $9.6 billion. Unlike Bitcoin, one DOGE is not so valuable. It is traded below $1 and has never hit $1 in its history (its all time high was $0.74 on Binance). But as long as it does not have a maximum supply and its number is limitless, there are more than 132.6 billion DOGE tokens circulating already which raise huge market capitalization. With this being said, we should note that Dogecoin still remains a speculative asset. It is highly volatile and hard to guess whether it will lose its value or increase it.\u00a0<\/span><\/p>\n

    Best Wallet Token – Leading Crypto Powering an Accessible Crypto Wallet<\/h3>\n

    Bitcoin’s surge to the top of the price charts has spread across Reddit and people have been talking about which the next best token could be. While projects like Ethereum and Solana are often part of this conversation, presale cryptos like Best Wallet Token have already made their way into the talks.<\/p>\n

    \"BEST<\/p>\n

    Best Wallet Token’s uniqueness as a utility crypto at a time when meme coins have been able to make the most amount of gains is the reason why it is favored among Redditors.<\/p>\n

    The token’s use cases are multi-fold, providing access to a lot more than just a simple buying and selling opportunity. Holding the Best Wallet Token will allow users to lower their transaction fee and find high APY staking opportunities. It will also bestow upon them information and access to the ICOs that are yet to penetrate the market, and above all, gives them accessibility.<\/p>\n

    Furthermore, Best Wallet is not limited to providing token-related services; NFTs, payments, and even a decentralized exchange is in the works. The reason this token has been gaining so much clout on Reddit is because the wallet is already operational, and it has attracted over a million users already.<\/p>\n

    Catslap – Click-to-Slap Cat Meme Reddit Crypto<\/h3>\n

    Catslap\u00a0has emerged as one of the most talked about reddit tokens these past few days, thanks to its intriguing click-to-slap gamification and a successful launch. The project centers a browser-based gaming concept that allows users to virtually \u201cslap\u201d Pepe the Frog. At the other hand is the 2024 fan-favorite slapping cat meme.<\/span><\/p>\n

    \"CatSlap\"<\/p>\n

    CatSlap adds a competitive global edge to its concept by tracking each click in a countrywise total. The project scored a flawless 99\/99 on DexTools, reaching its top ranks within no time of its launch. The Ethereum token seems to be checking all the right boxes, considering SolidProof\u2019s smart contract audit confirmed its solid technical foundation. <\/span><\/p>\n

    The robust, zero-tax tokenomics structure is another plus. Half of the total 9 billion tokens in supply have Uniswap liquidity locked in. The other half is reserved for functional areas like team allocation, development fund, staking, and community rewards. These unique and attractive features, coupled with pro-crypto Trump coming into power have helped the project\u2019s quick traction. <\/span><\/p>\n

    $SLAP token price has surged by over 3000% since its launch at the time of writing, and the game is thriving on social media. Some experts have even predicted a 100x price hike for the token going forward, signaling that investors must keep a watchful eye. The current momentum and early indicators also point in the same direction.<\/span><\/p>\n

    Flockerz – Popular Reddit Crypto In Its Presale Stage<\/h3>\n

    Reddit users may have come across the Flockerz project recently, given its growing popularity on the platform. Currently priced at just $0.00567 during its presale, the project has already raised over $360,000 in under two weeks, reflecting its growing popularity. The buzz around Flockerz has led to countless posts and conversations, particularly in crypto forums, where members are excitedly sharing their thoughts about the project’s potential and its distinct features.<\/p>\n

    \"Flockerz\"<\/p>\n

    The Flockerz community stands out for its high level of activity and enthusiasm. The storyline of Flocktopia, featuring “King birb” and his journey from centralized power to community-led governance, has captivated many, leading to vibrant discussions. The comic-style narrative not only entertains but also strengthens the connection among community members, making them feel part of a collective story. This sense of involvement is a key element that sets Flockerz apart from other projects in the space.<\/p>\n

    Community-driven governance plays a crucial role in Flockerz’s growing popularity. Through the “Vote to Earn” system, token holders are empowered to take part in key decisions, adding to the sense of ownership and encouraging deeper involvement. The staking mechanism also offers a notable APY of 7000% for early participants, which has become a focal point of interest as people look for ways to maximize their returns through staking.<\/p>\n

    Built on both Ethereum and Binance Smart Chain, Flockerz offers versatility, combining the security of Ethereum with the lower fees of Binance Smart Chain. With an active and enthusiastic community, engaging storyline, and high staking rewards, Flockerz is proving itself to be a popular choice among those seeking a new and promising crypto project.<\/p>\n

    Sui – Emerging L1 Blockchain Constantly Announcing Updates<\/h3>\n

    Sui is a popular Layer 1 blockchain and smart contract platform designed to revolutionize digital asset ownership by ensuring speed, security, and accessibility. Since its launch, popularized by a massive airdrop, the project has remained relevant on Reddit pages for its consistent upgrades and project developments. Utilizing the Move programming language, originally created by Facebook\u2019s Libra project, it focuses on parallel execution and is built for maximum efficiency.<\/p>\n

    \"Sui<\/p>\n

    Additionally, Sui has forged significant partnerships and developments, including an ecosystem investment with leading Web3 security firms OtterSec and Zellic, and introducing a feature to simplify the onboarding process for Web3 through the innovative zkLogin (Zero Knowledge login) functionality. The network’s decentralized ecosystem and independent builders have fueled its growth, with several projects exceeding $10 million in Total Value Locked (TVL) and 11 projects surpassing $2 million.<\/p>\n

    While the project is already being adopted by developers globally, it continues to gain popularity and attention from investors and developers on social media platforms like Reddit. This has led many to believe that the token may experience considerable price increases in the upcoming months.<\/p>\n

    Best Crypto Groups to Find on Reddit<\/h2>\n

    To help you understand which crypto subreddits are worth considering for your cryptocurrency investments we have researched the platform and selected the best Reddit groups for crypto investment recommendations. Below we have reviewed the six best Reddit crypto groups according to the research of our experts.\u00a0<\/span><\/p>\n

    r\/Cryptocurrency<\/h3>\n

    Created on March 11, 2013, <\/span>r\/Cryptocurrency<\/span><\/a> is one of the largest Reddit communities for cryptocurrency trading discussions. As of 2023, it had more than 6 million members including traders of all levels – from beginners to advanced traders. Here you can find everything related to crypto trading – news, analyses, discussions, and even price predictions tournaments.\u00a0<\/span><\/p>\n

    You can participate in discussions, ask your questions and get MOONS for commenting, posting, or contributing to the network. Moons are distributed each month and enable you to vote on polls – the more MOONS you get, the more voting power you have.<\/span><\/p>\n

    r\/CryptoMarkets<\/h3>\n

    Another well-known crypto community on Reddit is <\/span>r\/CryptoMarkets<\/span><\/a> which is dedicated to the discussions of crypto trading. With more than 940 thousand members, r\/CryptoMarket is a great group to find crypto trading recommendations about various crypto assets. The discussions here include such topics as technical and fundamental analysis of the coins, market analyses related to the demand and price of different crypto assets, crypto exchanges, etc.\u00a0<\/span><\/p>\n

    r\/Bitcoin<\/h3>\n

    As Bitcoin is the most popular and hottest cryptocurrency of all periods, there is a separate Reddit group for this cryptocurrency having more than 4.4 million users. Created in 2010 <\/span>r\/Bitcoin<\/span><\/a> is the oldest cryptocurrency subreddit on this platform. The discussions here are only about Bitcoin trading and investment, so if you are looking for tips for BTC trading, it is an excellent group to join. However, you will not find discussions about other crypto assets here.\u00a0<\/span><\/p>\n

    In the Resources section of the group, you will find a lot of valuable information related to bitcoin technology and trading. It includes a beginner\u2019s guide, frequently asked questions, a wiki section, and other sections that can help you a lot if you are a beginner in Bitcoin trading. Also, make sure you read the guidelines of the group carefully to know the rules of the group.<\/span><\/p>\n

    r\/DeFi<\/h3>\n

    r\/DeFi<\/span><\/a> is another excellent group to join on Reddit though it is not as active as the other subreddits included in our list. The problem is that it hosts more complicated discussions related to the DeFi industry and is quite new. Opened in 2018, r\/DeFi has attracted over 102 thousand members. r\/DeFi members discuss topics related to the DeFi market, including new altcoins, projects, and tokens that are attracting attention and are worth investing in.\u00a0<\/span><\/p>\n

    r\/OpenSea<\/h3>\n

    If you are also interested in NFTs, crypto game items, and cryptoart, the <\/span>r\/OpenSea<\/span><\/a> community is the perfect group for you. This Reddit group is dedicated to the world\u2019s first and largest Web3 marketplace – Open Sea, where you can buy, sell, create and auction NFTs. By joining this subreddit you will get new information about the marketplace, join in discussions and get a lot of useful information about the NFT marketplace. The group was created in 2017 and managed to gather more than 160 thousand voyagers.<\/span><\/p>\n

    r\/WallStreetBetsCrypto<\/h3>\n

    The <\/span>r\/WallStreetBetsCrypto<\/span><\/a> is a light and humorous Reddit group where you can find the discussions and recommendations of the best cryptocurrencies to invest in. Founded in 2018, the platform has almost 50 thousand members who discuss the trending speculative assets, low market cap assets that often involve highly risky investments but promise to give back abundant rewards. Along with the humorous posts and memes, you will also find thorough analyses of different cryptocurrencies and investment recommendations.\u00a0<\/span><\/p>\n

    Readers may also be interested in our list of the best crypto Discord groups<\/a> – another community focused way to network with crypto investors and traders.<\/p>\n

    \/r\/CryptoGambling<\/h3>\n

    The Crypto Gambling subreddit is home to Reddit users who are passionate about gambling with cryptocurrencies. People here chat about everything from the latest crypto casinos and their personal betting strategies to reviews of different platforms and their own gambling experiences. It’s a go-to place for tips, advice, and keeping up with the latest news in the crypto gambling scene. Whether you’re new to the game or a seasoned player, you’ll find plenty of valuable insights and friendly discussions.<\/p>\n

    Where to Buy and Trade Crypto Coins?<\/h2>\n

    If you want to buy cryptocurrency<\/a> assets, the easiest and quickest way is to do so is on crypto exchanges or brokerage platforms. The best thing about crypto trading platforms is that they enable you to open an account quickly and with a few simple clicks. But when you look for a cryptocurrency exchange to start trading, you will come across hundreds of options.\u00a0<\/span><\/p>\n

    Not all exchange platforms offer you safe and cost-effective trading, hence you need to do your research to find out which broker is the best platform to buy cryptocurrencies online. With all this being said, we consider eToro the best broker to buy crypto assets. Multiple features help eToro to stand out among several brokers. Here is a quick review of the broker.\u00a0<\/span><\/p>\n

    As a leading cryptocurrency broker, eToro stands out with super security and safety. The broker is regulated by top financial institutions, including SEC in the US, FCA in the UK, CySEC in Cyprus, and ASIC in Australia. Apart from the regulations, eToro leverages such security mechanisms as 2FA, SMS verification, and others to protect your account from fraudulent cases and unauthorized login attempts.\u00a0<\/span><\/p>\n

    eToro is an Israel-based broker founded in 2007. It started as a stock and forex broker and has already become a reputable platform through its services. Along with the popularity of cryptocurrencies, eToro started also listing crypto assets. Now it supports more than 75 cryptocurrencies, including such popular coins as Bitcoin, Ethereum, Dogecoin, and Cardano. The platform frequently adds new cryptocurrencies once they claim to have a large demand.\u00a0<\/span><\/p>\n

    One of the main reasons to select eToro is its extremely cost-effective pricing structure. The broker charges two kinds of fees – transaction fees and spreads. Transaction fees are quite low and the broker takes a 1% transaction fee every time you buy and sell assets. Additionally, eToro takes competitive buy and sell spreads.\u00a0<\/span><\/p>\n

    Non-trading fees charged by eToro include a withdrawal fee of $5 which is the same irrespective of the payment method you use. There is also a small conversion fee for non-USD contracts charged from the deposit transactions. The broker does not charge any other account management fees or fees for using its social trading platform, etc. However, if you do not show any login activity in your profile during a year, eToro will start charging an inactivity fee of $10 per month.\u00a0<\/span><\/p>\n

    As for the social trading platform, it is a great tool, especially for beginners. On eToro\u2019s social trading platform you can have your personal account, get in touch with other people registered on the platform, participate in discussions about trading and use a bunch of social trading tools. Among the most popular tools are CopyTrader and CopyPortfolios which allow you to mirror the trades of professionals with a click of one button.\u00a0<\/span><\/p>\n

    Another fascinating tool for beginners is eToro\u2019s Demo account through which you can practice trading without spending real money. eToro gives you virtual money to trade on its demo platform which you can use to check out your trading skills, experiment with different strategies, and get ready for real trading. Once you feel you are ready to get to real trading, you can switch your demo account to the real account.\u00a0<\/span><\/p>\n

    \"eToro<\/p>\n

    Additionally, eToro provides a digital cryptocurrency wallet, Money which you can use if you want to store your crypto assets on a software wallet. The wallet also supports an in-built platform where you can between hundreds of cryptocurrencies. However, if you transfer your cryptos to your Money wallet account you can\u2019t return them to your eToro exchange account.\u00a0<\/span><\/p>\n

    As a beginner-friendly platform, eToro offers a simple user interface and provides several graphs and charts for each cryptocurrency you search. You can use these tools to do market analyses before you buy the asset. To start trading cryptocurrencies on eToro you must have a minimum deposit of $10 on your account which you can deposit through credit or debit cards, e-wallets, and wire transfers. The minimum trade is also $10.\u00a0<\/span><\/p>\n

    Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.<\/em><\/p>\n

    Also see our full eToro review<\/a>.<\/p>\n

    Conclusion<\/h2>\n

    In short, Reddit is one of the best places to find information about cryptocurrency trading and investments. It has a lot of groups dedicated to crypto trading discussions and investment advice. In this guide, we have introduced some of the most popular Reddit groups where you can find a lot of valuable information about such topics as Bitcoin trading, cryptocurrencies, and DeFi. The Reddit groups will help you incredibly in finding trending cryptocurrencies and hinting at the best buy and send signals.\u00a0<\/span><\/p>\n

    In this guide we reviewed the best cryptocurrency projects to invest in on Reddit. These crypto assets are among the most widely traded coins in the market and are highly recommended on Reddit discussion groups. According to our research, the best Reddit crypto to buy is Dogeverse.<\/p>\n

    In this guide, we also reviewed one of the best platforms to buy cryptocurrencies in 2024. eToro is a secure crypto broker where you can enjoy low-cost trading and an incredible user experience. You can sign up for an account with eToro through a few simple steps and start investing in cryptocurrencies for as low as $20.<\/p>\n

    FAQs<\/h2>\n
    \n
    \n\t\t\t\t

    Is Reddit a good place to find crypto recommendations?<\/h3>
    \n\t\t\t\t\t

    \n\t\t\t\t\t\tReddit is an excellent place to find cryptocurrency investment recommendations as it has a lot of groups with millions of members including traders of all levels. If you join subreddit like r\/Bitcoin or r\/Cryptocurrency you will find valuable content about investing and be able to participate in discussions. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    What is the best crypto to buy on Reddit right now?<\/h3>
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    \n\t\t\t\t\t\tAccording to our research, the best cryptocurrency to buy on Reddit is Wall Street Pepe, since it is a revolutionary Pepe alternative with staking. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    Should I buy cryptos that are recommended on Reddit?<\/h3>
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    \n\t\t\t\t\t\tReddit crypto communities enable you to participate in discussions about the trending cryptocurrencies. Crypto experts also provide analysis or trading ideas about different crypto assets which can be quite helpful while trading. Still, you need to do your own research and explore the cryptocurrency project in detail before putting money into it. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t

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    How do I know what Reddit groups are legit?<\/h3>
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    \n\t\t\t\t\t\tTo find the most trustworthy crypto groups on Reddit we have searched the platform and recommended you the ones with really reliable recommendations and investment advice. These groups have a huge number of members and provide active discussions and tips about trading. However, you do not need to rely on their trading recommendations and can combine them with your own research. <\/p>\n <\/div>\n <\/div>\n <\/section>\n\t\t\n