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Thursday, 16 December 2021 15:30

Ethereum or Bitcoin? What is Better for Investment Now?

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For a long time, lots of people believed that the two largest cryptocurrencies by capitalization were competitors in the digital asset market. Nevertheless, Bitcoin and Ethereum have only one thing in common, namely the blockchain technology on the basis of which they are created.


Bitcoin – Ethereum: What are the Differences?

As you know, Bitcoin is intended to become a new payment instrument, but Ethereum has a different purpose. The thing is that Ethereum was created with a different set of properties, since it is a programmable blockchain. In other words, anyone can write smart contracts and create things based on their blockchain. Ethereum's programmable capabilities combined with a huge community and talented developers make it the king of the programmable blockchain.

Undoubtedly, Bitcoin is the best in its class in payments and as a tool for storing value, while Ethereum is the best in programmability, development, and the ability to create things based on its blockchain. Bitcoin and Ethereum will continue to dominate their markets in 2022.

What to Invest in 2022?

In fact, the choice depends on personal risk tolerance. Bitcoin is safer in many ways since it is simpler. Bitcoin is less susceptible to errors, attacks, hacks, or other events that can destroy the network overnight. Bitcoin has been on the market for over 12 years and has been tested in combat conditions, while Ethereum has only been around for about 5 years. Ethereum allows object creation and is much slower, making it more susceptible to bugs and other types of attacks.

Ethereum is seen as a more risky asset. However, its potential is much higher than that of Bitcoin, as the possibilities of the blockchain are theoretically endless. So, as you see, Ethereum is at higher risk, but it will probably be more successful in the long run.

How to Choose an Online Cryptocurrency Exchanger?

Online cryptocurrency exchangers allow people to quickly and anonymously exchange digital and fiat money among themselves in various directions. It is relevant in different situations, such as:

  • for active kind of trading;
  • for a one-time purchase/sale of coins;
  • when you would like to invest in cryptocurrency for a long time/withdraw investments.

Moreover, exchangers online are used to paying for goods and services, as gateways between different payment systems. In addition, the online exchange service is the easiest and fastest option. They have a simple interface and support the usual payment systems.

You can exchange Ethereum for Bitcoin, visiting the website—https://cryptoexchanger.org/. There are no hidden fees here. The warranty period for the services provided under this agreement is 24 hours from the date of execution of the subject of the agreement by the Service.