If your looking for the 5 best cryptos under $.50 cents in 2023 we’ve some great picks. It’s no secret that interest and investment in cryptocurrency has exploded over the last year. While buying, selling, sending, and trading cryptos has been popular among smaller pockets of the population for several years, they have only caught on with mainstream and casual investors as of recent. For those who have yet to join in on the action, it is now easier than ever to invest in crypto, and you can do so with less than $.50 per coin! Remember this is not financial advice as it is just our opinion. However I do strongly believe we will see the price rise on these coins in both the near and long term.
Also, if you’re still on the hunt for a great crypto exchange, we’ve got 5 of the best to check out right here.
1. Shiba Inu
Our first best crypto under $.50 cents to buy in 2023 is Shiba Inu. Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. They recently introduced a decentralized exchange called Shibaswap, and have social communities with well over 1 million followers. Definitely keep an eye on this one in 2023.
2. Tron
Tron is currently trading at about .05 per coin, making it accessible at an incredibly low price point. Tron was created by Justin Sun as a way to reward creators for their creations and to provide them with a reward. In short, Tron is designed to give the power and wealth back to those who have been mostly creating it for others throughout the years. Tron is still projected to increase in price throughout 2023 and still has a positive outlook as Sun has proven to be an entrepreneur with vision worth investing in. Tron has a very recognizable, real-world utility that can’t be said about the other cryptos out there. Since it is still new in relation to other cryptos, Tron is certainly worth a speculative buy as it has a definitive purpose and can be had cheaply.
3. Orchid
Orchid is a VPN, or Virtual Private Network. You can buy orchid with your regular money, but you can also increase your web browsing anonymity by purchasing with cryptocurrency. Additionally, Orchid relies on providers of bandwidth to allow users to browse the internet, and occasionally the providers of the bandwidth will be rewarded with Orchids own form of crypto, called OXT. Not every provider will receive OXT and the entire exchange is a bit random. But for fans of Orchid, the most appealing part is that it is decentralized and makes internet browsing that much more anonymous buy allowing for the purchasing of the VPN with cryptocurrency.
4. Basic Attention Token
Our next best crypto to buy under $.50 cents is BAT. BAT, or the Basic Attention Token, has the potential to revolutionize how the internet is browsed. BAT is designed to be used with the Brave Browser and is used as a reward for content creators and publishers in the form of tips. BAT appears poised to explode in the coming years and Brave Browser, which it is paired with, already has over 8 million users. Since BAT rewards regular internet users and those who create and publish, it could likely explode in value as it continues to catch on.
5. XLM
XLM, also known as Lumen, is a cryptocurrency that is worth your attention. With only 50 billion known Lumens available and no production of the coin occurring again, the fact that there is a known finite amount could be enough to make it a great buy and stash crypto. XLM is similar to XRP, except where XRP is tied closely with large banks, XLM is not. Both coins seek to help move real fiat currency quickly and XLM’s greatest value may be in that it is very much correlated with Bitcoin, meaning that when Bitcoin moves in a particular direction, XLM tends to as well. This means that XLM mimics Bitcoin, which is projected to continue to grow over the next several years. Although the individual coin price for XLM will be nowhere near Bitcoin, it presents an interesting opportunity for those interested in stashing some crypto away for potential growth.
Top 3 Best Crypto Exchanges
1. Binance US
Binance US is a cryptocurrency exchange for U.S. residents that allows users to buy, sell, and trade supported cryptocurrency. Binance US also offers “staking,” or lending of several cryptocurrencies, paying users interest for lending their crypto assets. They have a wide list of cryptos available and super low trading fees. You can get started on Binance US here.
Pros
- Great looking interface on desktop & mobile
- Beginner friendly
- Low trading fees
Cons
- Fewer crypto-to-crypto currency pairs than global Binance site
2. Uphold
Uphold is considered to be one of the safest ways to buy cryptocurrency by many digital asset experts. Since launching in 2014, Uphold has maintained an exemplary reputation for security among its customers. The site is unique in the sheer amount of assets it offers. You can get started on Uphold here.
Pros
- Available in more than 180 different countries
- Transactions sent between Uphold users are completely free
- Huge list of cryptos available
Cons
- Fees are unclear in certain buy and sell spreads
3. Crypto.com
If you’re looking for an affordable, all-in-one cryptocurrency platform, Crypto.com might be right for you. The more Cronos (CRO) you’re able to stake, the more benefits you’ll get from this exchange. They also have a huge list of cryptos available. You can get started on Crypto.com here.
Pros
- Wide list of crypto available
- Low trading fees
- Staking available
Cons
- Lack of educational resources
Final Thoughts
We hope you enjoyed our list on the 5 best cryptos under $.50 cents for 2023. We have provided some solid recommendations for you in this article, and there are countless other cryptos that are garnering attention at the moment and that can be traded on eToro, too. With so many different cryptos, investors can buy as much or as little as they’d like. Whether looking to use the crypto to purchase goods or services, or stash away for long-term growth, with so many options available, there has never been a better time to start investing.
