Cryptocurrencies are digital money that has the same use cases as traditional fiat currencies – you can use them for paying for services and goods, booking apartments or travel tours, buying real estate, etc. Crypto has no physical form; however, its adoption is expanding, opening more and more use cases both in the virtual world (blockchain games, metaverses, etc.) and in real-life.
Digital assets are actively used for trading and investment. None of the governments can rule cryptocurrency prices, which means they can only change under the impact of uncontrollable conditions and factors of different market cycles. It opens enormous opportunities to profit from crypto price fluctuations both in the short and long term.
What characterizes crypto?
- Trade volume
- Market capitalization.
On the Internet, you will find credible rankings (for example, Coinmarketcap) with all cryptocurrency price indicators and other parameters, assigning this or that digital coin a certain space in the ranking.
What Impacts All Cryptocurrency Price?
If the government does not control the emission and price of crypto assets, then who does? Here are factors affecting all cryptocurrency prices:
- emission (limited or unlimited);
- investors sentiment;
- market situation, trend;
- global economy, crisis, etc.;
- hype, news background.
To check out all cryptocurrency prices live and buy crypto at the best rate, you may register on the WhiteBIT platform. It is the biggest exchange in Europe, offering up-to-date cryptocurrency prices, a convenient interface, numerous tools for trading, staking options, an affiliate program, and additional opportunities for the WhiteBIT token holders.
You can buy crypto on WhiteBIT in a couple of clicks using your bank card. For that purpose, you will need to register on the platform, pass KYC, add your card, deposit your account, and place an order to buy the crypto you want. In the same way, you can convert your digital assets into fiat currencies and cash them out directly to your card.