In a rapidly evolving financial regulatory landscape, these top 5 cryptos, not securities, arose intriguing and potentially lucrative investment opportunities. Amidst the expanding crypto market, it is essential to discern which cryptocurrencies are not classified as securities to circumvent potential regulatory issues. The Securities and Exchange Commission has intensified its oversight of cryptocurrencies, and those classified as securities might face restrictions or delisting from US exchanges. As a beginner in cryptocurrency, focusing on those not under the SEC’s classification of securities could be a careful approach. In this article, we will highlight the best cryptocurrency altcoins that fit these criteria and explore the potential they hold for investors.
How to Get Started With Cryptocurrencies as a Beginner?
The first step is planning and learning. Start researching different cryptocurrencies and understanding their use cases. Consider whether you want to invest in securities classified as securities, since they can be delisted from American exchanges. Choose a reputable cryptocurrency exchange for buying and selling crypto. Ensures the exchange is secure and has a user-friendly interface. Create an account and complete KYC procedures.
Moreover, consider using a hardware wallet for added security when dealing with the best crypto to buy. You also need to stay updated with crypto news and market trends regularly.
What Crypto Should I Invest In?
As the SEC intensifies its regulatory scrutiny on the crypto space, investors seeking to avoid entanglement with securities should exercise caution. Recent SEC lawsuits against Binance and Coinbase have named 19 cryptocurrencies securities, stirring up the industry. If you are considering investing in crypto that falls outside the SEC’s purview as securities, pay close attention to the ones not listed in these lawsuits. Ethereum (ETH) was excluded from the list, signaling its distinction from securities. Be vigilant, as cryptos classified as securities may face delisting from US exchanges and restrictive trading conditions. Staying informed and seeking cryptos that don’t mesh with securities classification is crucial for avoiding potential regulatory complications. Investors should consider diversifying their portfolios with cryptos that are less likely to be targeted as securities and closely monitor the evolving regulatory landscape for informed decision-making.
Top 5 Cryptos That Are Not Securities
InQubeta (QUBE) – Best ICO Project
InQubeta is revolutionizing the crypto market this year by launching a Web3 crowdfunding platform for AI startups. This method uses Ethereum to let investors buy into new companies. AI companies can tokenize their equity into NFTs using the QUBE token. Holders of this valuable asset are invited to have a say in the project.
A certain proportion of QUBE tokens is perpetually destroyed following each transaction, meaning that QUBE is deflationary. As a result of its scarcity effect, QUBE could increase in value over time. Additionally, stakers can receive 5% of each sale of QUBE tokens through a designated pool.
InQubeta has achieved impressive scores. It passed an audit from Hacken and was verified by Block Audit. Tokens are locked for 12 weeks to stabilize markets and protect investors.
In addition to its intrinsic properties, the QUBE token’s deflationary nature causes it to burn 2% and 1% of its tokens on every sale and purchase, creating scarcity. Long-term QUBE holders can also earn passive income from the staking rewards pool by staking their tokens, replenished by transaction taxes.
You can now invest in this intriguing new project through the ICO. The earlier you buy, the cheaper the price will be, as the price is expected to quadruple during the presale.
DigiToads (TOADS) – Coolest NFTs for 2023
DigiToads, with its native TOADS token, has taken the NFT space by storm in 2023. This Ethereum-based project has managed to elevate the standard of NFTs by intertwining them with play-to-earn gaming and an engaging metaverse dubbed “The Swamp.”
What makes DigiToads exceptionally cool is its fresh approach to engaging users in a fun and immersive experience, all while having the potential for earnings. At the heart of DigiToads is a gripping Web3 game where users can collect, nurture, and battle virtual toads. The game’s top players can earn TOADS tokens, which can then be used for procuring in-game items and fortifying their virtual toads for battles within the swamp arena.
Moreover, DigiToads is set to launch a collection of 3,500 unique NFTs during its presale ICO. This event offers early supporters a golden opportunity to secure these exclusive NFTs. Not only can these NFTs be treasured as digital collectibles, but they can also be staked within the ecosystem for rewards, thus acting as a source of passive income. That is one of the best reasons to participate in the presale and get over 5x return on investment.
Finally, the community is a cornerstone of DigiToads, with a generous allocation of 10% of funds raised during the presale distributed among TOADS holders through airdrops. The continuously pooling a percentage of every TOADS transaction into a staking pool, DigiToads demonstrates a substantial commitment to its community.
Furthermore, DigiToads is socially conscious, pledging 2.5% of its profits to charities dedicated to forest restoration and preservation. This amalgamation of gaming, collectibles, community rewards, and social responsibility sets DigiToads apart as the coolest NFTs for 2023.
Bitcoin (BTC) – Best Crypto to Buy Now for Long-Term Investment
Bitcoin, the trailblazer of cryptocurrencies, emerged in 2009 through a white paper by an anonymous entity known as Satoshi Nakamoto. It operates on a decentralized ledger system called blockchain, eliminating the need for third-party intermediaries in financial transactions. The secure nature of Bitcoin’s blockchain owes to a proof-of-work (PoW) consensus mechanism, which is integral to the mining process. Mining involves verifying transactions and adding them to the blockchain. Miners get payed with bitcoins, but these rewards are halved every 210,000 blocks to control supply.
Bitcoin is not just a currency; it has become a financial asset. Many consider digital gold, and its store of value characteristics have led to widespread speculation and investment. However, investing in Bitcoin can be highly volatile and carries certain risks, including regulatory uncertainty and security issues.
Purchasing Bitcoin is facilitated through cryptocurrency exchanges, and once acquired, it can be used for various purposes, including payments for goods and services. Additionally, it’s worth noting that Bitcoin inspired the creation of numerous other cryptocurrencies, each trying to bring something unique to the table.
The adoption of Bitcoin is steadily growing, with some countries and many businesses accepting it as payment. Being the first of its kind, Bitcoin holds a special place in the cryptocurrency world and continues to dominate market capitalization and popularity.
Ethereum (ETH) – Best Top 10 Cryptocurrency
Ethereum, commonly denoted as ETH, is a cutting-edge blockchain platform glorified for its diverse functionalities beyond mere cryptocurrency. It’s second only to Bitcoin in popularity and has garnered attention from giants like Microsoft, Intel, and JPMorgan Chase through the Enterprise Ethereum Alliance. What sets Ethereum apart is its ability to run decentralized applications (DApps) without any central authority.
At the core of Ethereum is Ether, its native cryptocurrency that powers the network. It’s essential for paying transaction fees and computational services. Moreover, Ethereum pioneered smart contracts, self-executing contracts with terms directly written into code. These contracts are immutable, and transactions made through these contracts are verified by the network, drastically reducing the risk of fraud.
Another salient feature is the Ethereum Virtual Machine (EVM), which allows developers to create operations without creating a new blockchain. This leads to seamless, efficient development processes. Furthermore, Ethereum’s block time is significantly faster than Bitcoin’s, with an average time of 12-15 seconds compared to Bitcoin’s 10 minutes, which is favorable for developers and users seeking quicker transactions.
Ethereum’s decentralized nature is changing the face of digital transactions, and its functionalities in smart contracts and DApps are paving the way for endless possibilities in various industries. This makes it one of the best cryptos to buy since the SEC does not consider it a security.
Avalanche (AVAX) – Best DeFi Crypto to Buy Now
Avalanche (AVAX), a brainchild of Ava Labs spearheaded by Dr. Emin Gun Sirer, emerged in 2020 as a trailblazing blockchain platform that excels in swift transaction processing, cost-efficiency, and environmental sustainability. As DeFi and NFT applications burgeon, several blockchains grapple with congestion and downtime. Avalanche stands out with its three-tier blockchain structure, setting an unprecedented benchmark for transaction finality at a near-instantaneous one second compared to Ethereum’s one minute. Each of the three blockchains within Avalanche specializes in specific tasks, which grants it agility and ensures that it doesn’t sacrifice decentralization or security for scalability. For example, the Exchange Chain (X-Chain) creates and handles Avalanche assets.
Additionally, Avalanche boasts a vibrant and fervent community and ecosystem with a striking $3 billion in Total Value Locked (TVL). The AVAX token, central to the ecosystem, not only plays a pivotal role but is also required for transaction fees on the platform. All of these factors make AVAX the best DeFi Crypto to Buy Now and one of the top 5 cryptos that are not securities.
Top 5 Cryptos That Are Not Securities – Conclusion
Cryptocurrency is an exciting frontier for investment and financial innovation. Investors must make well-informed decisions with the SEC’s sharpening focus on crypto. The five cryptocurrencies – InQubeta (QUBE), DigiToads (TOADS), Bitcoin (BTC), Ethereum (ETH), and Avalanche (AVAX) – discussed in this article stand out for not being classified as securities. They offer unique attributes and possibilities, ranging from play-to-earn gaming and NFTs to decentralized financing and smart contracts. By investing in cryptos that are not securities, you can bypass regulatory complications and tap into the groundbreaking and diverse opportunities that the crypto world has to offer. However, it’s important to bear the volatile nature of cryptocurrency investments and conduct thorough research before making any investment decisions.
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