Crypto For Beginners: Bitcoin (BTC), XRP, and Logarithmic Finance (LOG)

One of the key steps at the beginning of your crypto investments journey is to understand what you are planning to invest in and learn more about the helter skelter nature of the industry. Blockchain meaning is among the most frequently queried definitions by crypto news.

Research and analysis support reliable investment strategies. Knowing about the crypto market and keeping your eyes and ears tuned to the latest news and updates in the industry, alongside the overarching world of economics and finance is a wise foreshadowing prior to making your investment.

While many new crypto investors turn to crypto giants, such as Bitcoin (BTC) or XRP, presale tokens like Logarithmic Finance (LOG) are well worth every investor’s (both new and seasoned) attention.

The King Of Crypto – Bitcoin (BTC)

The falling price of this crypto leader may be discouraging for crypto newbies. Yet, those veteran wizards of the crypto realm are swiping more Bitcoin (BTC) for basement-level prices – buying the dip and calling it a sale!

Going back to crypto’s humble beginnings, Bitcoin was the first-ever cryptocurrency that gathered circulation and use. This public blockchain convinced the world that peer-to-peer (P2P) decentralised exchanges can perform with third parties, such as banks or financial institutions. Blockchain meaning a digital ledger of transactions recording transactions while protecting the system of networks on the blockchain.

For crypto newbies, it is essential to learn important terms and definitions to be able to navigate and understand the industry features and concepts. Understanding blockchain’s meaning is one of the important starting points for all new investors as it powers all cryptocurrencies.

Decentralisation is the next idea to understand when starting your crypto journey. Decentralised Finance (DeFi) has become one of the most important facets of the crypto market, allowing people to take complete control of their finances.

Bitcoin (BTC) might be in the eye of a storm but, its overall resilience and strength provide a safe place to take shelter for new and experienced investors. Despite the fact thousands of new cryptocurrencies have emerged since the launch of BTC, it has not once lost its leading position in the crypto market.

XRP – Transforming The Financial Sector

Consistently listed among the top 10 cryptocurrencies on the crypto market, XRP is one of the new investors’ favourites. Created by Ripple Labs, XRP is a payment settlement platform designed to satisfy the needs of the financial services industry.

XRP advantages include fast transaction settlement, competitively low fees, and versatile network exchange, meaning transactions can be processed using other cryptocurrencies or fiat money. XRP is also used by large financial institutions worldwide, demonstrating its growing adoption as a reliable payment network.

Differing from the vast majority of cryptocurrencies, XRP is somewhat centralised as a consequence of its use of the XRP Ledger Consensus Protocol. While this approach decreases the transaction settlement time and lowers the costs, it does not conform to the decentralisation values of the crypto industry.

Logarithmic Finance (LOG) Presale Is Not To Miss!

The up-and-coming crypto project Logarithmic Finance (LOG) finds itself under the spotlight. Its presale has been showing a consistent increase in value since the start with a current rise of nearly 500%!

Presale tokens are becoming more valued and popular among crypto enthusiasts because they’re usually at lower prices and cannot fall in value while in presale stages, thus giving them more assurance about possible future profits.

Logarithmic Finance (LOG) focuses on offering DeFi solutions that will ensure exciting interoperability and connectivity between innovators and investors. Its cross-chain and multi-chain capabilities will allow users to raise funds on various blockchain platforms, such as Ethereum, Solana, Polygon, Avalanche, and others.

To become a part of the NFT sector, Logarithmic Finance will provide exclusive access to NFT auctions on the platform, where creators will be able to sell their NFTs in exchange for various cryptocurrencies or fiat currencies. These transactions will also benefit from reduced gas fees of an astoundingly 80%.

LOG’s roadmap indicates that it will transition into a fully decentralised platform run by its Decentralised Autonomous Organisation (DAO), where LOG token holders will receive governance and voting rights to decide and navigate the future of the project.

If Logarithmic Finance (LOG) sets your heart thudding to the beat of big returns, don’t hesitate to learn more about it by following the links below.

Logarithmic Finance (LOG)



first published:June 16, 2022, 7:23 p.m.

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