Crypto Payments, Educational, Trading
Top cryptocurrencies to buy at CoinGate: The ultimate guide
Last updated: February 8, 2022 20 min read
Vilius B.
At CoinGate we offer you to buy over 40+ cryptocurrencies and here you can find a list of what these cryptos are and what makes them unique in their own way.
Why CoinGate?
Here you can buy over 40+ top-ranking digital currencies and do more with your crypto portfolio. What do we mean by doing more? We offer you not only to buy, sell or swap crypto with a commission rate as low as 0%, but we also give the opportunity to spend your cryptos for the things you want – whether it is in form of gift cards or services from our partners and businesses who accepts crypto payments.
Also, CoinGate offers various ways to buy crypto. You can do it by a bank transfer, manual SEPA transfer option, mobile credit or buy it instantly with a debit or credit card.
Take a look at our tradable cryptocurrencies list and get to know what they are and how they differ from each other.
Bitcoin (BTC)
Bitcoin is the very first decentralized peer-to-peer digital currency created in 2009 by an anonymous person or group behind the name of Satoshi Nakamoto. The purpose of the new technology aimed to remove the middle-men (banks, money transfer businesses, etc.) from monetary transactions while ensuring that the users cannot cheat the system and spend the same amount twice.
How does it work? It is actually a distributed accounting ledger that is stored in a form of a chain of blocks, from here comes the name blockchain.
BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers.
At CoinGate BTC is available for: buying, selling, purchasing gift cards, withdrawals and merchant services. It also supports lightning network, a layer two solution designed to enable fast, scalable transactions.
Litecoin (LTC)
Litecoin is a peer-to-peer cryptocurrency similar to its predecessor Bitcoin in many ways, as Litecoin was forked from original Bitcoin source code and launched in 2011 by Charlie Lee, an ex-Google employee. Technically, Litecoin and Bitcoin blockchains are very similar, both utilizing the proof-of-work concept. The main differences are a decreased block generation time, a larger number of coins and a different hashing algorithm.
Litecoin is and always was great for making instant payments to anyone, anywhere in the world.
At CoinGate LTC is available for: buying, selling, purchasing gift cards, withdrawals and merchant services. It also supports lightning network, a layer two solution designed to enable fast, scalable transactions.
Ethereum (ETH)
Ethereum blockchain is a smart contract platform that allows building decentralized applications (DApps), with ether (ETH) being the platform’s native digital currency.
First conceptualized by Vitalik Buterin in 2013, Ethereum enabled complex blockchain for smart contracts, a self-operating computer program that executes by itself when specific conditions are met, all without any possibility of downtime, censorship, or third-party interference.
The Ethereum platform is used to build DApps, which can be anything ranging from issuing new assets and creating web apps to building decentralized autonomous organizations that anyone can freely join at any time.
At CoinGate ETH is available for: buying, selling, purchasing gift cards, withdrawals and merchant services.
Chainlink (LINK)
Chainlink is designed for creating Decentralized Oracle Networks (DONs). They enable the creation of hybrid smart contracts by bringing real-world data onto blockchain networks. Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any online APIs are all provided by DONs services.
Chainlink’s goal is to ensure that external information, such as price, weather data, event results, and so on is supplied to on-chain smart contracts. And those contracts are dependable, safe, and tamper-proof. With external information, Chainlink ensures off-chain computations, such as randomness, transaction automation, fair ordering, etc.
LINK is an ERC-677 token that is used to incentivize Chainlink DONs to function properly.
At CoinGate LINK is available for: buying and merchant services.
Polkadot (DOT)
Polkadot is a scalable heterogeneous multi-chain technology. As a platform it allows diverse blockchains to transfer messages, including value, in a trust-free fashion, while sharing their unique features and pooling their security.
Polkadot may be compared to a set of independent chains, such as Ethereum, Ethereum Classic, and Bitcoin, but it has exceptional additions: pooled security and trust-free interchain transactability.
Polkadot’s native currency DOT can be staked for operations and security, facilitate network governance, and bond tokens to connect parachains.
At CoinGate DOT is available for: buying and merchant services.
Polygon (MATIC)
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. In this network, new features are being built on existing established technology to enhance the ability to cater to the developer ecosystem’s different demands.
Polygon efficiently converts Ethereum into a full-fledged multi-chain system, known as the Internet of Blockchains.
According to the creators of Polygon, The $MATIC token will play an essential role in safeguarding the system and enabling governance.
At CoinGate MATIC is available for: buying and merchant services.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a proof-of-work blockchain network and cryptocurrency that was created to be faster and cheaper for use than its ancestor Bitcoin (BTC). Bitcoin Cash was a fork of Bitcoin as a result of a chain split when a certain group of Bitcoin developers wanted a change in Bitcoin’s overall scalability direction.
Even though these currencies share a lot of similarities, they differ in the block size limit and transaction fees. Sending BCH on the network is cheaper than BTC, as Bitcoin Cash has bigger blocks and lower usage.
At CoinGate BCH is available for: buying, selling, purchasing gift cards, withdrawals and merchant services.
Dai (DAI)
Dai is the native stablecoin for the Maker protocol. It is the world’s first crypto-collateralized and decentralized stablecoin, whose value is soft pegged to the US Dollar. The pledged assets securing Dai are other cryptocurrencies instead of fiat and they are held under smart contracts rather than institutions.
At CoinGate DAI is available for: buying, selling, purchasing gift cards, withdrawals and merchant services.
XRP (XRP)
XRP is the native digital asset on the XRP Ledger. It’s blockchain technology can settle transactions in 3-5 seconds. XRP is the currency that runs on a digital payment platform called RippleNet and it’s distributed ledger database.
At CoinGate XRP is available for: buying, purchasing gift cards, withdrawals and merchant services.
Dogecoin (DOGE)
Dogecoin (DOGE) is a popular meme coin. So popular that it’s probably the most favorite crypto of Elon Musk. Also it’s the open-source digital currency which was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme.
Dogecoin boosts its supply by incentivizing its miners with 10,000 Dogecoins every minute.
At CoinGate DOGE is available for: buying, selling, purchasing gift cards, withdrawals and merchant services.
Tether (USDT)
Tether, a Hong Kong-based business, has created USDT, a stablecoin that matches the price of the US dollar. The USDT is pegged to the US dollar by keeping a reserve of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills with a USD value equal to the quantity of USDT in circulation.
At CoinGate USDT is available for: buying, selling, purchasing gift cards, withdrawals and merchant services.
SHIBA INU (SHIB)
According to the SHIBA INU website, the SHIB coin is the “DOGECOIN KILLER” and is listed on their own DEX called ShibaSwap. Shiba Inu coin was created anonymously in August 2020. This meme coin quickly gained speed and value as it caught attention from social media and the community started to build around it.
At CoinGate SHIB is available for: buying, purchasing gift cards, and merchant services.
Binance Coin (BNB)
Binance Coin (BNB) is a cryptocurrency exchange-based token established and distributed by Binance. BNB was launched on the Ethereum blockchain as an ERC-20 token in July 2017 and transferred to Binance Chain in February 2019 to become the Binance Chain’s native coin.
At CoinGate BNB is available for: buying, selling, purchasing gift cards, and merchant services.
TRON (TRX)
Tron, like Ethereum, is a blockchain-based decentralized operating system that aims to further the decentralization of the Internet and its infrastructure. Tronix (TRX) is the native cryptocurrency of the Tron network.
Tron is a smart contract platform that provides high throughput, scalability, and availability to all Decentralized Applications (DApps) in the TRON ecosystem. Unlike Bitcoin, which can handle up to six transactions per second and Ethereum, which can handle up to 25, TRON says that its network can manage 2,000 TPS.
At CoinGate TRX is available for: buying, selling, purchasing gift cards, and merchant services.
BitTorrent (BTT)
BitTorrent is a prominent peer-to-peer (P2P) file sharing and torrent platform. The BitTorrent Token (BTT) is a TRC-10 token, which was developed on top of the TRON blockchain technology to improve BitTorrent’s capabilities.
At CoinGate BTT is available for: buying, purchasing gift cards, and merchant services.
Bitcoin Vault (BTCV)
Bitcoin Vault is based on Bitcoin’s SHA-256 cryptographic hash function, and is developed to provide an extra level of security based on a three-private-key security structure. It allows users to cancel unauthorized transactions within a 24 hour period. The goal is to allow users to react and avoid possible theft by reversing the transaction if one private key is lost or stolen.
At CoinGate BTCV is available for: selling, purchasing gift cards, and merchant services.
Cardano (ADA)
Cardano is a proof-of-stake blockchain platform that claims its goal is to bring positive global change and help to create a society that is more secure, transparent and fair. The ADA token is created to ensure that anyone who owns this token has the right to vote on any proposed changes to the software.
At CoinGate ADA is available for: buying, selling, purchasing gift cards, and merchant services.
Binance USD (BUSD)
Binance USD (BUSD) is a stablecoin that is tied to the US dollar at a rate of 1:1 and has been approved by the New York State Department of Financial Services (NYDFS). The BUSD Monthly Audit Report is available on the official website.
At CoinGate BUSD is available for: buying, selling, purchasing gift cards, and merchant services.
Solana (SOL)
Solana is an open source project based on blockchain technology. It provides decentralized financial (DeFi) solutions and facilitates the building of decentralized apps (DApps).
It aims to boost scalability by combining a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) mechanism. Solana’s native currency SOL is used for transaction fees and staking in order to support the network.
At CoinGate SOL is available for: buying and merchant services.
Wrapped Bitcoin (WBTC)
Wrapped Bitcoin is an Ethereum-based ERC-20 token that is a version of Bitcoin. Each WBTC is backed with Bitcoin at a 1:1 ratio. Wrapped Bitcoin opens up the possibility for BTC to be used in the Ethereum ecosystem.
At CoinGate WBTC is available for: buying and merchant services.
THETA (THETA)
Theta Network is a decentralized video streaming network that is based on blockchain technology. Theta is a peer-to-peer (P2P) video streaming platform that rewards users with tokens for sharing their internet bandwidth and computing resources. Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
At CoinGate THETA is available for: buying and merchant services.
Tezos (XTZ)
Tezos is a blockchain network that is similar to Ethereum and is based on smart contracts. Tezos aims to offer infrastructure that is more advanced and has no danger of a hard fork. People who hold XTZ can vote on proposals for protocol upgrades that Tezos developers come up with, therefore, they know and approve every step of Tezos evolution.
At CoinGate XTZ is available for: buying and merchant services.
Uniswap (UNI)
Uniswap is a well-known decentralized trading system that helps automate the trading of decentralized finance (DeFi) tokens. Uniswap wants to keep token trading automated and accessible to anyone who holds tokens. Uniswap improves its efficiency by using automated ways to solve liquidity difficulties and avoiding the problems that plagued the early decentralized exchanges.
At CoinGate UNI is available for: buying and merchant services.
Compound (COMP)
COMP is the Compound Protocol’s governance token which was released in June 2020. It’s an Ethereum-based ERC-20 token. COMP tokens are mostly used to manage the protocol. Compound allows users to earn interest in their cryptocurrencies by placing them in one of the platform’s pools.
At CoinGate COMP is available for: buying and merchant services.
Algorand (ALGO)
Algorand (ALGO) is a decentralized, blockchain-based network that can be used for a wide range of applications. Their mission is to build global trust through decentralization, create simple designs that drive adoption by billions of people, and develop an elegant technology that eliminates barriers to prosperity for all.
These systems are safe, scalable, and efficient, which are all important characteristics for real-world use.
At CoinGate ALGO is available for: buying and merchant services.
Stellar (XLM)
The Stellar network is an open-source, decentralized, and community-owned network that facilitates value exchanges across assets. Stellar was originally based on the Ripple Labs protocol and was created as a result of a hard fork. However, unlike Ripple, Stellar.org is a non-profit organization, and its platform is open source and decentralized.
Lumens, the network’s native token, acts as a bridge, making it less expensive to exchange assets across borders. All of this is meant to challenge existing payment providers who often charge high fees.
At CoinGate XLM is available for: buying and merchant services.
Basic Attention Token (BAT)
Basic Attention Token, or BAT, is a Brave Browser native token that powers a new blockchain-based digital advertising platform. The platform is meant to appropriately award users for their attention while providing advertisers with a better return on their ad spend.
At CoinGate BAT is available for: buying and merchant services.
USD coin (USDC)
USD Coin (USDC) is a stablecoin that is 1:1 tied to the US dollar. USDC serves as a link between dollars and cryptocurrency trading on exchanges. CENTRE’s technology enables value to circulate between people, businesses, and financial institutions in the same way that email does between mail services. Every unit of this crypto in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds.
At CoinGate USDC is available for: buying and merchant services.
Chiliz (CHZ)
Chiliz is a sports finance platform that allows fans from the whole wide world to connect with their favorite sports teams and clubs. Chiliz blockchain infrastructure uses CHZ token as it’s exclusive native currency.
At CoinGate CHZ is available for: buying and merchant services.
Waves (WAVES)
Waves (WAVES) is an open blockchain technology and development toolkit for Web 3.0 apps and decentralized solutions that improve IT system security, dependability, and speed. That allows anybody to create their own apps and increases widespread use of the blockchain.
At CoinGate WAVES is available for: buying and merchant services.
The Graph (GRT)
The Graph is a universal API and indexing protocol designed to organize blockchain data and make it easily accessible via GraphQL. Graph Explorer allows developers to search for, find, and publish all public data required to build decentralized applications (dApps). This enables developers to create serverless dApps that run exclusively on public infrastructure.
GRT coin is the network’s native cryptocurrency that is used to organize work.
At CoinGate GRT is available for: buying and merchant services.
Loopring (LRC)
Loopring is a Decentralized Exchange (DEX) based on the zkRollup Ethereum Layer-2 (L2) solution. It features both automated market maker (AMM) and orderbook exchanges. The Loopring protocol solely uses the Ethereum blockchain as a data layer and a verification layer. As a result, Loopring’s throughput can reach 2,025 transactions per second, much above Ethereum’s current throughput of 15 transactions per second. The Loopring protocol token, LRC, is a native Loopring currency.
At CoinGate LRC is available for: buying and merchant services.
Decentraland (MANA)
Decentraland is a virtual reality (VR) universe that is powered by the Ethereum blockchain. In this virtual world, you can buy land, build on it, monetize it, and immerse yourself in the applications and content created by other users. The decentralized nature of Decentraland sets it apart from other VR projects. The Ethereum blockchain powers land and in-game cash, giving players ultimate ownership and promoting transparency.
MANA is the Decentraland native currency. It is an ERC-20 token that is supported by the Ethereum network. In Decentraland, users use MANA to buy land or pay for products and services.
At CoinGate MANA is available for: buying and merchant services.
Maker (MKR)
The Maker token (MRK) is a governance token that is used to manage and support the Maker system. Maker is a smart contract lending platform that allows users to take loans in return for stablecoin Dai. It happens by locking up the collateral.
At CoinGate MKR is available for: buying and merchant services.
Filecoin (FIL)
Filecoin is designed to utilize unused storage globally into an efficient storage market for users and offers low-cost storage. It’s a decentralized storage network based on the Interplanetary File Storage (IPFS) protocol. The idea is to guarantee file storage is persistent and spread over the web. An example of a storage system could be something like Google cloud, but without private corporations using your data. Filecoin is used to pay for storage.
At CoinGate FIL is available for: buying and merchant services.
Ethereum Classic (ETC)
Ethereum Classic (ETC) is a hard fork of Ethereum (ETH). Its main role is a smart contract network which is able to host and support decentralized apps (DApps). ETC is its native token.
The primary goal of Ethereum Classic is to keep the Ethereum blockchain as it was without artificially countering the DAO hack.
At CoinGate ETC is available for buying only.
VeChain (VET)
VeChain exists to challenge old business structures and is most recognized for its work in supply chain. Its effort in establishing a decentralized trust layer for multi-party ecosystems has already shown significant results with high-profile clients and government agencies.
The platform uses VET and VTHO tokens to manage and create value based on its VeChainThor public blockchain.
At CoinGate VET is available for buying only.
Terra (LUNA)
Terra is a blockchain-based decentralized financial payment network that rebuilds the traditional payment structure. To promote programmable payments and open financial infrastructure development, it employs a basket of fiat-pegged stablecoins that are algorithmically stabilized by its reserve currency Luna.
At CoinGate LUNA is available for buying only.
Internet Computer (ICP)
Internet Computer (IC) intends to reinvent the web by enabling large-scale smart contract creation and transforming the way consumers interact with web services. It also aspires to decentralize the public internet so that it can serve as the world’s computing platform. ICP is the native token of Internet Computer.
At CoinGate ICP is available for buying only.
Crypto.com Coin (CRO)
Crypto.com offers services such as exchange, wallet, brokerage, debit cards, borrow/lend, payments, and DeFi. CRO is a native token of Crypto.com. It is used for trading, payment and financial services. Also this token gives some benefits to its holders: discounted fees, higher earnings for lending, and priority services.
At CoinGate CRO is available for buying only.
Avalanche (AVAX)
Avalanche is a consensus protocol based on a proof-of-stake mechanism. It is believed to be quick, inexpensive, and environmentally friendly. AVAX is Avalanche’s native token. It is a hard-capped, scarce asset that is used to pay fees, secure the platform through staking, and serve as a fundamental unit of account amongst the many Avalanche subnets.
At CoinGate AVAX is available for buying only.
Kusama (KSM)
Kusama is a public blockchain network that uses the same code as Polkadot. It intends to be a canary build for the Polkadot network, which serves as an experimental and development environment for new features that will be published to Polkadot in the future.
In other words, Kusama is an experimental blockchain environment with real economic conditions. It serves as a proving ground where developers can build and deploy products, services, and other code functionality for the Polkadot ecosystem.
At CoinGate KSM is available for buying only.
Axie Infinity (AXS)
AXS is the Axie Infinity game’s native token. Token holders in crypto games may shape and vote on the game universe’s direction. This is how it differs from typical games, in which creators select how the game will play out. AXS holders can stake their tokens to earn additional AXS and even vote on governance ideas.
At CoinGate AXS is available for buying only.
Cosmos (ATOM)
The Cosmos network is made of numerous separate, parallel blockchains known as zones. Some zones serve as hubs, allowing numerous zones to communicate with one another via a shared hub. The architecture is a more general application of the Bitcoin side chain concept, employing traditional BFT and Proof-of-Stake algorithms. Cosmos can communicate with a wide range of different applications and cryptocurrencies – something that other blockchains struggle with.
By adding a new zone, you may connect any blockchain system to the Cosmos hub and transfer tokens between them without the need for a mediator.
At CoinGate ATOM is available for buying only.
The Sandbox (SAND)
Sandbox is a virtual world owned by a decentralized community. In the virtual world, creators can hold their own games and events. Sandbox and Roblox are frequently compared by analysts due to their conceptual similarities. The main distinction between Sandbox and other virtual worlds is that players have genuine ownership of the virtual world assets in the form of NFTs. SAND is a token associated with metaverse, NFTs, and gaming.
At CoinGate SAND is available for buying only.
Elrond (EGLD)
Elrond is a blockchain protocol that presents itself as a technological ecosystem for the new internet, complete with fintech, decentralized finance, and the Internet of Things. Its smart contracts execution platform is said to be capable of 15,000 transactions per second, with a six-second latency and a transaction cost of $0.001.
EGLD is the blockchain native token, and it is used to pay network fees, staking, and reward validators.
At CoinGate EGLD is available for buying only.
IOTA (MIOTA)
IOTA is a distributed ledger that is not a blockchain. Its technology is Tangle, which is a network of nodes that verifies transactions. According to the foundation behind this platform, it delivers significantly faster speeds than traditional blockchains — as well as a suitable footprint for the ever-expanding Internet of Things environment. IOTA is a cryptocurrency with no transaction fees and no need for miners to process a transaction.
At CoinGate MIOTA is available for buying only.
Flow (FLOW)
Flow is a blockchain network developed by Dapper Labs that seeks to be fast, safe, and developer-friendly. The FLOW token is the network’s native currency. The FLOW token will be required for all blockchain apps and network transactions. Validators, developers, and users use the token to participate in the FLOW network and earn rewards.
At CoinGate FLOW is available for buying only.
We are always expanding our available currency list, which is available here. Every time we expand our list, we announce it in our social media channels, so be sure to follow us on Twitter and LinkedIn so you wouldn’t miss any updates.
Written by:
Vilius B.
Knows as much about VPN as it is healthy for someone who isn't a VPN developer. Testing more text to see how it looks like. And a little bit more toblerone and on and on.
Knows as much about VPN as it is healthy for someone who isn't a VPN developer. Testing more text to see how it looks like. And a little bit more toblerone and on and on.
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