You can invest in cryptocurrency by buying and holding coins that are trading at a low price. These types of trades have the potential to generate market-beating returns for savvy investors, as they tend to be more volatile than other investment classes.
Best Cheap Cryptocurrency to Buy 2022
Below are our top picks for the best new crypto in the market right now, which we’ve found through comprehensive research and analysis:
- Lucky Block (LBLOCK) – Overall Best New Crypto to Buy
- Avalanche (AVAX) – Most Promising Cryptocurrency to Buy in 2022
- Maker (MKR) – Exciting New Crypto with DeFi Exposure
- Ethereum (ETH) – One of the Best Altcoins with Long-Term Value
- Chainlink (LINK) – Best Cryptocurrency to Invest in 2022 with Unique Use Case
A Closer Look at the Best New Cryptocurrency to Buy in 2022
If you’re interested in the best cryptocurrency with a great future, this is your guide.
1. Lucky Block
The best cryptocurrency to invest in for 2022 is Lucky Block. This crypto-lottery platform uses blockchain technology to improve traditional lottery systems and is designed for fair play so that everyone can enjoy their chance at winning the prizes! It offers users a variety of ways to purchase tickets, from the convenience of digital payment methods like LBLOCK tokens.
Lucky Block is a decentralized blockchain platform for conducting widespread prize draws across countries. The presale sold out two weeks ahead of schedule, and the hype surrounding Lucky Block is extremely high. With over 20,000 members in its Telegram group, it’s clear that people are excited about this new project!
Cryptocurrency markets are highly volatile, making investments very risky.
2. Avalanche – Most Promising Cryptocurrency to Buy in 2022
Another cryptocurrency in 2022 that can be invested in is Avalanche. It is a fast blockchain system with three chains, which divides tasks up and makes transaction speeds faster as well. The speed of the platform increases even more due to its use of two separate consensus mechanisms (information cannot be changed without a majority vote).
Cryptocurrencies are highly volatile and unregulated. There is no investor protection in the UK or EU, meaning you may lose all your money that way.
Maker is the native token of MakerDAO, an Ethereum-based decentralized lending platform. Users can lock up ETH in the protocol and create DAI, a stablecoin pegged to US dollars. The concept allows users to use crypto loans and generate yields without undergoing invasive KYC checks like with traditional debit cards or bank deposits.
Although a highly volatile unregulated investment product, cryptoassets don’t come with investor protection. No UK or EU investors can rely on any government to protect their funds from theft.
4. Ethereum (ETH)
Ethereum is one of the most popular cryptocurrencies in the world and has grown significantly recently. Ethereum 2.0 will be released soon which could see it increase its transaction speed, scalability and decrease fees – this would make investors very happy!
These digital assets are highly volatile, unregulated investment products. They have no UK or EU investor protection – and they can’t be retrieved if held privately
5. Chainlink (LINK)
Chainlink is an innovative network that uses ‘oracles’ to provide off-chain data to the blockchain. Chainlink’s nodes can source the data for a fee, which will be paid in LINK.
Cryptoassets are highly volatile and unstable investments, with no investor protection in the UK or EU.