In March 2022, the 5 Best Cryptocurrencies to Day Trade, One of the most profitable trading strategies in the market is cryptocurrency day trading. Many investors are beginning to open positions in cryptocurrencies today, taking advantage of intraday price swings.
Day trading success, on the other hand, is heavily reliant on timing and selecting the best Crypto to trade. The best coins to day trade for explosive returns are discussed in this roundup.
In 2022, the Top 5 Best Cryptocurrencies to Day Trade
We go over the various options for the best crypto for day trading in this article.
- Ruby (RBC): Overall Best Cryptocurrency To Day Trade
- Bitcoin (BTC): Best Crypto to Day Trade with Massive Liquidity
- Binance Coin (BNB): Best Coin with Easy Fundamentals To Read
- Dogecoin (DOGE): The Market’s Top Meme Coin
- Ether (ETH): A Large-Cap Coin With Massive Potential
1. Ruby (RBC): Overall Best Cryptocurrency To Day Trade
In March 2022, the 5 Best Cryptocurrencies to Day Trade, Ruby (rbc) a decentralized cryptocurrency that a virtual currency that is deployed on the Ethereum blockchain on the TRC 20 platform.
It’s also known as digital currency because its a purely virtual form of money.
Ruby Coins are stored in a Blockchain Wallet that you control. Any owner of the Wallet can store Ruby Coins or a portion of them in their digital wallet or send them to anyone.
Each Ruby Coin transaction’s account is kept on the Blockchain. Every transaction on the blockchain is flawless.
Each Ruby Coin is a crypto-currency that fundamentally self-contained.
The first Ruby Coin transaction took conducted at 23:59:59.19 Vietnam GMT time on December 29, 2020, and has been followed by a continuous Ruby Coin transaction ever then.
Ruby (RBC)–https://rbcblogs.com/ruby-coin-price-in-inr/
2. Bitcoin (BTC): The Best Cryptocurrency for Day Trading Due to Its High Liquidity
In March 2022, the 5 Best Cryptocurrencies to Day Trade, The fact that Bitcoin is the most valuable cryptocurrency has never been in question.
Because of its global appeal and high liquidity, the premier digital asset is one of the best day trading cryptocurrency options.
Today, only a few assets have achieved global adoption through exchanges like Bitcoin. Users of this asset have a huge chance to profit from arbitrage trading.
3. Binance Coin (BNB): The Best Cryptocurrency With Simple Fundamentals
In March 2022, the 5 Best Cryptocurrencies to Day Trade, Binance Coin is the world’s most popular exchange token. Binance, the world’s largest cryptocurrency exchange and one of the most well-known names in the industry, launched the asset.
So, what makes BNB one of the best cryptocurrencies for day trading? The first is the assets’ connections to Binance, the world’s largest cryptocurrency exchange, which is constantly in the news.
This means that any changes to the exchange will almost certainly affect the price of BNB.
BNB is also well-known within the Binance ecosystem for its numerous applications. There are several functionalities that drive the coin’s price, from fee payments to staking in the BB Vault.
BNB is also a relatively liquid currency. It is the world’s third most valuable cryptocurrency, and most crypto exchanges accept it.
4. Dogecoin (DOGE): The Most Popular Meme Coin on the Market
In March 2022, the 5 Best Cryptocurrencies to Day Trade, Dogecoin is one of the best cryptos to day trade for a variety of reasons. It’s the poster child for meme coins, which are assets that don’t have a specific use case but are still popular.
The price volatility of many meme coins is one of their distinguishing features.
DOGE’s price can rise by as much as 20% in a single day; being a day trader invested in the coin on such a day will be a boon to you.
5. Ether (ETH): A Massively Potentialed Large-Cap Coin
Ether completes our list of the best day trading cryptocurrencies. With a market cap of one billion dollars, the digital asset is second only to Bitcoin.
Investors have been enticed to purchase and trade more due to its consistent growth over the last few years.
The Ethereum blockchain is the primary source of Ether’s value. Ethereum is the world’s largest layer-1 smart contract blockchain, which means it is “too big to fail” for cryptocurrency.
Ether is always in the news as one of the biggest names in the market, whether it’s because of adoption news or Ethereum chain upgrades.
