The fate of Crypto currencies was never known 10 years ago, but 10 years to the future, the talk of Cash and banks will be a long gone story with the latter left to regulate fiat prices where relevant. In 2019, the horoscope sights bulls coming back into play after the terrible loss a few months back and so, this might be the end of cash in some countries around the world.

The popularity scale of CryptoCurrencies WorldWide

In Uganda, the only cryptocurrency that has made it to the rumor mill is Bitcoin with Ethereum only crossing over to the Elite circles and several pyramid schemes like OneCoin, Development channel, D9 among others spreading the networking rhythm to unsuspecting newbies. So, true block chain powered products have not had a great platform in Uganda since pyramid schemes are now the talk of the day

Crypto-Currencies like Bitcoin, Ethereum, Ripple, Tron, Stellar, Cardano among others are the future of money all over the world. Created as evolving products on the blockchain network, all these coins have a service to offer in return with a wide popularity scale once they are embraced by most Governments across the globe

Crypto Currencies on Replacing Cash

Well, the great question of the day would be! Are these great investments and can they be trusted? Yes, by the time the world will be ready and set to embrace crypto, the prices will eventually be higher than they are currently. However, traders would be the key beneficiaries from the respective projects once Cash becomes history.

A Cryptocurrency like Ripple (XRP) works in a way that it allows cross-border payments at Zero charges, this same concept is what we currently rely on through World Remit, Money Gram and Western Union. Henceforth, Cryptocurrencies will simply replace the way we transact and purchase items products with a much faster transparent approach. So, the cashless movement is evident with mobile money and embracing virtual currencies at this stage would make everyone a blockchain disciple in the next decade starting this year.

To rely on and use crypto currencies all you would need is a unique identification on the block chain network required by every broker like Binance or Coin base. Identification tags could be Government issued IDs together with any current biometric information that may be collected depending on the currency to be purchased. Nonetheless, we shall be sharing a simple DIY Binance Uganda procedure for convenient Fiat to Crypto exchanges

Although cryptocurrencies don’t have specific prices aligned to any of these, false scams are as popular as them including the popular One coin do or doubt in Uganda. By the default notice, we dug deep into what many traders opt to invest in at a moment when Bitcoin has lost its once $10000 value in December 2017 and came up with the best cryptos you can invest in before 2019 ushers in another trendline on the blockchain.

ZCash

Even if Zcash is predominantly new to the market, it has covered several grounds in such a short span. The CEO, Zooko Wilcox-O’Hearn is forward thinking and continuously plans of growth and expansion strategies. At the moment, Zcash has around 21 million coins in transactions. Investment in Zcash is easy as you can enjoy a certain level of anonymity and can get the detailed report of the transactions you’ve carried out, hence making it one of the best cryptocurrencies to invest.

Zcash Price for today is $206.893. Its current circulating supply is ZEC 4,381,944 with a market cap of $906,593,488. You can convert ZEC to BTCat best rates from CoinSwitch.

Dash (DASH)

Digital Dash should be included in top cryptocurrency list, when it comes to investment opportunities. Although it was created in 2015, its market capitalization hit $2,036,525,273.Within this short span, they have consistently handled about $100 million worth of transactions daily as they are safe and secure.

Dash Price for today is $265.183. Its current circulating supply is DASH 8,201,809 with a market cap of $2,174,980,229.

Neo (NEO)

Two names always pop in our minds when we talk about blockchain and innovation- Vitalik Buterin and Da Hongei. The former as we know is the creator of Ethereum, wherein the latter is the creator of NEO coin. The NEO technology is underpinned by a Delegated Byzantine Fault Tolerant system, which adds sophistication to the system. Its improved proof of stake tech makes it one of the best cryptocurrencies to invest in.

By now, you might have got a fairer idea of the cryptocurrencies which will be good for investment in 2018. As stated earlier, investment is a risky process so it shouldn’t be rushed. You should always take investment decisions in a logical manner.

NEO Price for today is $38.1769. Its current circulating supply is NEO 100,000,000 with a market cap of $2,481,498,500

Steem (STEEM)

Steemit, the blogging, and social media platforms have decided to venture into cryptocurrencies. Activities like writing blogs and comments will award tokens to the writers. This token can be used for payment of other things on the platform. This is booming as more and more budding writers are showing their interest in this social media creative writing enabler.

Steem Price for today is $1.63258. Its current circulating supply is STEEM 282,833,303 with a market cap of $434,036,427.

Cardano (ADA)

Cardano is the distributed computing platform that implements blockchain technology for the ADA coin. As a decentralized blockchain platform, Cardano is an entirely open-source cryptocurrency project. Cardano is also the first cryptocurrency platform, based on the Haskell code, an industrial product used for mission-critical systems.

Cardano Price for today is $0.183765. Its current circulating supply is ADA 31,112,483,745 with a market cap of $4,764,488,117.

Tron (TRX)

In spite of its occasional increase, Tron is attracting more and more investors. The reason is that most of the investors are realizing its potential in the upcoming months. Buying when low is the holy grail in the cryptocurrency bible. Launched by Justin Sun, Tron is set on a decentralized platform. Fast and secured transactions can be made with the help of this currency. The main motive is to promote and support the entertainment industry which enables all the users to upload and download various types of media without the intervention of third parties like Google Play Store and other middlemen parties.

TRON Price for today is $0.0408425. Its current circulating supply is TRX 99,000,000,000 with a market cap of $2,685,317,250.

Nem (NEM)

Nem is different from other cryptocurrencies because of two main reasons. You harvest instead of mining as is the case for other cryptocurrencies. The other concept is proof-of-importance to determine who harvests the next block. NEM transactions take around 6 seconds to show up and 20 seconds to confirm. NEM is incredibly scalable which takes about 3000 tx/s where BTC is bogging down at 4 tx/s. Another advantage is that the transaction cost is ultra low, around .01% fee. So you need a penny to send $100 or 10 cents to send $1000.Isn’t that awesome?

Last, but not the least NEM uses 100x less power than BTC to run a node or harvest.

NEM Price for today is $0.192801. Its current circulating supply is XEM 8,999,999,999 with a market cap of $1,735,209,000.

Binance coin (BNB)

Binance is not only the world’s largest cryptocurrency exchange but its the name of a coin, too. BNB falls under the top 30 cryptocurrencies in the world by market cap. Binance has high liquidity and one of the assets which is superior in cryptocurrency trading. BNB offers great prospects in the long run as it increases steadily at times of turmoil, too. Since it has added 15 new tokens, it has seen around 50% adoption after that.

Binance Coin Price for today is $13.1821. Its current circulating supply is BNB 192,443,301 with a market cap of $1,259,055,631.

0x (ZRX)

0x is the latest and trending cryptocurrency that is grabbing the attention of the traders and investors. It is a decentralized exchange of ERC20 tokens and the users can directly place the orders from their Ethereum wallets. It allows much greater liquidity as compared to the other cryptos, so anyone using the protocol can access orders from anyone else. ZRX was in news when Coinbase announced to list it the first ERC-20 token on their platform.

0x Price for today is $1.23343. Its current circulating supply is ZRX 1,000,000,000 with a market cap of $660,796,902.

Ontology (ONT)

Ontology is a high-performance multi-chain focused on the creation of interoperable blockchain channel. Ontology is looking forward to an ambitious roadmap for the rest of 2018. Ontology’s meteoric rise up the market capital makes it all the more interesting to watch their main net launch and other developments play out in the third quarter.

Ontology Price for today is $3.84587. Its current circulating supply is ONT 1,000,000,000 with a market cap of $581,850,037.

Multiple websites exist on the internet for you to buy crypto currencies. But only a few can actually give you the chance to transact using your phone mobile money balance. COin Pesa and Binusu are 2 awesome websites we discovered with crypto trading algorithms. When you use any of the two websites, you as well get a crypto address just in case you didn’t have one.

Buying with Coinpesa

To Buy cryptocurrencies with Coinpesa. Visit Coinpesa.com from your web browser and signup for an account where you will as well choose your country. For instance Kenya or Uganda among the full list of available countries.

Input the amount of money you wish to pay for a crypto currency in the coinpesa form then wait for a confirmation message as to process your payment. Just like that, You buy yourself a crypto currency coin anytime anywhere from the coinpesa website.

Buying with mobile money on Binusu

Binusu in Luganda means COins. Now that we already know the kind of website we visiting deals with coins. It’s a clear guess that this is another point to acquire a coin of your choice. Unfortunately, the story is different this time around. With Binusu.com you can only buy Bitcoins, in that you pay using mobile money or card in order to buy a single bitcoin or even the smallest denominator easily.

What is Bitcoin and its history

Bitcoin evolved to as a cryptocurrency way back in the early 2000s. However, in 2009 it became a widely known Cryptocurrency though only a few miners invested their money in the currency.

While a single bitcoin now goes for 10,000 US dollars. Bitcoins are the most popular cryptocurrency on the market right now. Many coins exist including Lite coin among other newly developed currencies and the latest being Google to start up its own digital currency. Nevertheless, its the future of banking as mainly call it digital banking.

Is Bitcoin Right for you

The biggest question for everyone who gets to know about bitcoins asks is whether they are right to invest their money in digital banking. As much as many banks and institutions currently accept Bitcoins as a legal form of payment, it shows the true future of banking.

Assuming you wanted to buy a car, Yes. Online companies such as Beforward accept Bitcoins just like you can witness on their website when you try to pay for a car. Nevertheless, Bitcoin is a good form of payment but many people are misusing it.

Why you shouldn’t invest in Bitcoins

While everyone has the urge to invest their money in Bitcoin.Many con men and fraudsters are using this chance to get you off-guard. The more demand rises is the more fraudsters come up with new bitcoin tricks to con you into paying for no bitcoins in return.

many people fear to invest their money in bitcoins simply because many have lost their money from such scenarios. However in 2009 Bitcoin was not as popular as today, meaning miners who bought their coins from that time didn’t face any big challenges. However, in this social media era, it’s difficult to really purchase Bitcoins from the right source.

What to consider if you are to invest in Bitcoins

Bitcoin is the biggest and fastest rising cryptocurrency to date. However, if you wish to invest in this cryptocurrency you should be sure to purchase from the right source first and foremost.

Not forgetting that many digital currencies exist and pose more competition to Bitcoin currently. Your chance to invest in the $10,000 value Bitcoin would be very tricky to get the right seller/source. Just like scammers target every digital framework in order to get more victims, Bitcoin is definitely that big goldmine for fraudsters.

Investing in Bitcoin will not only make you wealthy for less but also teach you a few saving skills. Nevertheless, once you get the right Bitcoin broker, you shall enjoy the comfort of digital banking. Just like the way someone who invested only $1 from the start can now purchase a Larboghini. Investing in Bitcoin would be your fantastic gold mine.

We recommend taking a few online courses about cryptocurrencies and Bitcoin mining in particular from at least one of the top sites like Udemy or Udacity. By the way, Coursera and Alison are also great sites to get the best crypto mining courses online. Therefore Goodluck in mining you first bitcoin which right now goes for a clean $10k.

Editor’s choice

If everyone learned about Bitcoin that it would be a great currency to date. Then everyone would wish to invest in the world’s best cryptocurrency. However, Bitcoins came at a time when social media was not yet a big deal. Nevertheless, right now a single coin goes for 10,000 Us dollars which is quite a good bargain.

I would recommend investing in other potential rapid growth cryptocurrencies. For example, Lite coin is another promising cryptocurrency you can rely on. Therefore to keep your self-safe from any embarrassment by online scammers and fake brokers, simply keep cool or visit official local dealers. Finally, you should reconsider investing your money elsewhere that digital banking. However, if you are a passionate miner, you can go ahead and buy your self Bitcoins as sold in all volumes from as low as $0.001. Whats your thought about the future of digital banking, leave us a comment below.