Trade crypto CFDs with Focus Markets

Bitcoin was the original cryptocurrency and was introduced in 2009. It’s also the most valuable and widely traded. Bitcoin’s code has been copied and amended by numerous other teams starting similar digital currencies – however, Bitcoin is still more valuable than all other cryptocurrencies combined.

Ethereum is a blockchain similar to the Bitcoin blockchain, but includes additional functionality that allows smart contracts and applications to run on it. This allows all the computers on the network to act as a giant decentralised computer, where third-party applications can be run.

Ripple is a company creating blockchain based solutions for the global banking industry. These solutions use Ripple’s own cryptocurrency, XRP, which trades freely like any other cryptos. Ripple is one of the most popular cryptocurrencies for trading as it is highly liquid and has recently had large price swings.

Litecoin is the sixth most valuable cryptocurrency in the world. It is widely listed on exchanges, giving it good liquidity and price discovery. Litecoin is also highly correlated with Bitcoin, and often follows the Bitcoin price moves.