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When I first started investing in crypto, I was worried about scams and losing my money. It’s a common concern, but the truth is, as long as you secure your wallet and use trusted exchanges, your assets are safe. That’s why I’ve compiled this list of the 10 safest cryptocurrencies to invest in. Let’s dive in.

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Top 10 Safest Crypto To Invest In: Assets Ranked 1 to 10

Below are what we consider to be 10 of the safest cryptocurrency assets to invest in on the market. The list is now ranked in ascending order from 1 (safest) to 10, with Bitcoin at the top. Note that aside from Bitcoin, the remaining assets are largely interchangeable and may shift positions depending on future developments.

  1. 1. Bitcoin (BTC)

    The safest digital currency to invest in is Bitcoin. It’s often referred to as digital gold. Its market capitalization comprises over half of the entire cryptocurrency market. Almost every asset can be traded for cryptocurrency. Bitcoin is the most accepted cryptocurrency for goods and services. It’s the original digital asset, the most decentralized, and the least controllable by centralized forces such as governments. For all those reasons and more, Bitcoin is the safest digital asset you can buy.

    bitcoin ai image of coin

  2. 2. Ethereum (ETH)

    Ethereum (ETH) is the second largest cryptocurrency by market cap, following Bitcoin (BTC), and is the second most secure crypto asset. Ethereum allows users to access various decentralized finance (DeFi) services. Some of the most popular services on Ethereum are Uniswap (UNI), the decentralized exchange with the most trading volume of any, and AAVE (AAVE), a lending and borrowing platform. The DeFi aspect of Ethereum ensures its long-term utility until a competitor has better options.

    ethereum coin on laptop

  3. 3. Cardano (ADA)

    Cardano was created by Charles Hoskinson, who was another one of the founders of Ethereum. The main difference between Cardano and Ethereum is its unique native token system. This system enables Cardano to support a wide variety of transactions and eventually will allow for transaction fees to be paid in any asset on the network. Cardano’s network has a steadily increasing transaction speed and low fees that are known precisely in advance, and the foundation has deals with some African governments.

    cardano platform on smartphone

  4. 4. Solana (SOL)

    Solana’s growth can be attributed to its low-cost transactions that are also lightning fast, along with an array of DeFi and NFT platforms. It has emerged as a serious competitor for Ethereum and in the past year has made waves with deals with Visa, but it’s important to remember that when the network was being used at its peak in 2022, there were frequent network outages. It would be higher on the list otherwise.

    solona logo on smartphone

  5. 5. Chainlink (LINK)

    Chainlink, the oracle darling of the crypto community, continues to be a strong asset to buy. An announcement from Vodafone Digital Asset Broker (DAB) of a proof of concept on trade document transfer with Web3 services platform Chainlink Labs, Sumitomo Corporation, and InnoWave has certainly helped prices as well. This platform continues to be the oracle choice of blockchain networks, helping ensure its long-term utility.

    chainlink

  6. 6. Cosmos (ATOM)

    Cosmos seeks to build an ecosystem of independent parallel blockchains that can scale and interoperate with each other, an internet of blockchains. The Cosmos Network uses a proof of stake consensus mechanism that requires the ATOM cryptocurrency. Cosmos also created open-source tools such as Tendermint, the Cosmos software development kit (SDK), and Inter-Blockchain Communication (IBC) protocol. Multiple other blockchain projects use Cosmos and Tendermint, meaning Cosmos likely has a role to play in the long term.

    cosmos image on smartphone

  7. 7. Polkadot (DOT)

    Founded by former Ethereum developer, Dr. Gavin Woods, Polkadot (DOT) aims to be a next generation blockchain protocol. It’s a sharded blockchain network that is often considered a layer-0 blockchain network because it underlies a series of layer-1 protocols known as parachains. Polkadot has a ton of potential and is one of the most technical projects on the market.

    polkadot

  8. 8. Polygon (MATIC)

    Polygon (MATIC), formerly known as Matic Network, is a layer 2 blockchain network built on top of Ethereum, meaning Polygon is an ERC-20 token. Polygon has made news over the past few years with deals with companies like Instagram, and has performed well. It is currently the most popular scaling solution for Ethereum, but that could change. They also had relatively negative news come out regarding a partnership they had with DraftKings.

    polygon (matic)

  9. 9. USD Tether (USDT)

    USDT is the most popular stablecoin available, with an issuance of over $114 billion tokens. Tether backs up its assets with a variety of reserve assets, with the majority being cash or cash equivalents. Though it’s not an exciting asset, it’s certainly safe.

    USDT

  10. 10. Tron (TRX)

    The Tron blockchain has the second-highest total value locked (TVL) of any blockchain network, with only Ethereum ahead of it. There’s over $8 billion in value locked into the Tron network. One of the reasons Tron is a safe cryptocurrency is that Tron is perhaps the most popular place for stablecoins, especially USD Tether (USDT). Ethereum has stablecoins worth $65 billion in market cap, but Tron has $59 billion, with 98% of that being USDT.

    This makes the Tron network perhaps the most liquid place to use USDT, and since USDT is the most popular stablecoin, it makes it a fairly safe network to invest in. Tron’s network is averaging almost 5 million transactions a day according to the Tronscan block explorer.

    tron logo on phone

More Safe AltCoins to Invest in

Our Final Thoughts

Though there are many safe digital assets to invest in, the reality is that Bitcoin is the only one that has stood the test of time, and it is by far the most safe cryptocurrency exchange. There are many assets that were in the top 10 by market cap in years past that you’ve likely never heard of since, and it’s possible that happens again. The only constant is Bitcoin.

FAQ


Bitcoin is the most secure cryptocurrency.


Stablecoins such as Tether (USDT) and USD Coin (USDC) are the most stable cryptocurrencies because they are pegged to the USD. Other cryptocurrencies are volatile.


The biggest risk in crypto is poor self management of crypto asset security that could lead to your wallet or account being compromised. Volatility is also a risk, but you have no control over volatility while having total control over your security management.


The number 1 crypto by market cap and trading volume is Bitcoin.

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About the Author

Evan Jones

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing.

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