Bitcoin Only in 14th Place

The last year, 2017, can be described as the final breakthrough of cryptocurrencies. Not only are the digital currencies, especially Bitcoin BTC, on everyone’s lips. But also that cryptocoins like Bitcoin, Ethereum and Co. were able to realize incredible increases in value. Record high after record high was reached there. Meanwhile, daily newspapers, television and countless websites are reporting on cryptocurrencies on a grand scale. Coinpro.ch has created an infographic on the most successful cryptocurrencies of 2017. And anyone who thought that Bitcoin would have decided this for itself after its record high at the end of the year is mistaken.

The most Successful Cryptocurrencies of 2017

In first place is the not undisputed cryptocurrency Ripple. The “bank coin”, as Ripple is also called, is not based on the blockchain, but on a central network, in contrast to other digital currencies. In addition, Ripple Labs, a profit-oriented company, itself holds a large number of coins. Nevertheless, Ripple’s value was able to grow by an incredible +36,000%. The well-known currencies such as Ethereum (6th place / +9,100%), Litecoin (9th place / +5,000%) or Bitcoin (14th place / +1,300%) ended up in the back ranks.

Are You Interested in Buying and Selling Cryptocurrencies?

Basically, there are many ways to come into possession of a digital currency. You can find a lot of information and insights on Coinpro.ch about the three most important ones here:

  • Mining, also called digging for coins
  • Purchase via a cryptocoin exchange
  • Credit through participation in special cryptocoin systems

For a large number of interested parties, it is easiest and most transparent to buy the corresponding cryptocurrency. This happens via special cryptocoin exchanges, such as Kraken.com or Bittrex. All you need is a so-called wallet to store the coins or the transaction data. Via the exchange, you can then buy and sell the corresponding cryptocurrencies in exchange for central bank money or another digital currency.

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