There are thousands of cryptocurrencies in existence today, each serving different purposes from payment networks to smart contract execution to privacy enhancement. Here are the major categories and where to buy them:
Common Types of Crypto
Bitcoin (BTC): The original and most valuable cryptocurrency
Ethereum (ETH): Powers decentralized applications and smart contracts
Stablecoins (e.g. USDC, USDT): Pegged to fiat currencies for reduced volatility
Utility Tokens: Used within specific platforms like Binance Coin (BNB)
Privacy Coins: Like Monero (XMR), focused on anonymous transactions
Where You Can Buy Them
Gemini: Regulated U.S. exchange great for secure onboarding
Coinbase: Beginner-friendly platform with broad crypto coverage
Binance: Offers many altcoins but limited U.S. access
Kraken, KuCoin, Crypto.com: Other viable platforms with varying features
