Introduction
Are you looking for the cheapest tradable cryptocurrency on Coinbase? Look no further. In this article, we will discuss the top five cheapest cryptocurrencies available on Coinbase in 2023. We will also provide some insights into the benefits of investing in these cryptocurrencies.
What is Coinbase?
Coinbase is a popular cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. It was founded in 2012 and has since become one of the most trusted and reliable cryptocurrency exchanges in the world.
The Top Five Cheapest Tradable Cryptocurrencies on Coinbase
1. Dogecoin (DOGE)
Dogecoin is a cryptocurrency that was created in 2013 as a joke. However, it has gained a lot of popularity in recent years and has become one of the most traded cryptocurrencies on Coinbase. Dogecoin is currently trading at around $0.0036 per coin, making it one of the cheapest cryptocurrencies available on Coinbase.
2. Stellar Lumens (XLM)
Stellar Lumens is a cryptocurrency that was created in 2014. It is designed to facilitate cross-border payments and has become increasingly popular in recent years. Stellar Lumens is currently trading at around $0.05 per coin, making it another one of the cheapest cryptocurrencies available on Coinbase.
3. Ripple (XRP)
Ripple is a cryptocurrency that was created in 2012. It is designed to facilitate cross-border payments and has become increasingly popular in recent years. Ripple is currently trading at around $0.25 per coin, making it one of the cheapest cryptocurrencies available on Coinbase.
4. Basic Attention Token (BAT)
Basic Attention Token is a cryptocurrency that is designed to be used in the Brave web browser. It is used to reward users for viewing ads and has become increasingly popular in recent years. Basic Attention Token is currently trading at around $0.20 per coin, making it one of the cheapest cryptocurrencies available on Coinbase.
5. EOS (EOS)
EOS is a cryptocurrency that was created in 2017. It is designed to be a scalable and decentralized platform for building decentralized applications. EOS is currently trading at around $2.50 per coin, making it the most expensive cryptocurrency on our list. However, it is still one of the cheapest cryptocurrencies available on Coinbase.
The Benefits of Investing in Cheaper Cryptocurrencies
Investing in cheaper cryptocurrencies can be a great way to get started in the world of cryptocurrency. Cheaper cryptocurrencies tend to be less volatile than more expensive cryptocurrencies, which can make them a safer investment option. Additionally, cheaper cryptocurrencies tend to have a larger supply of coins, which can make them more accessible to investors. This can be especially beneficial for investors who are looking to invest small amounts of money.
Conclusion
In conclusion, investing in cryptocurrencies can be a great way to diversify your investment portfolio. The top five cheapest tradable cryptocurrencies on Coinbase in 2023 are Dogecoin, Stellar Lumens, Ripple, Basic Attention Token, and EOS. Investing in these cryptocurrencies can be a great way to get started in the world of cryptocurrency and potentially earn a profit in the long run.
