![]() Electroneum (ETN) – A mobile-first cryptocurrency.Decred (DCR) – A currency where stakeholders make the decisions and rules can change over time.Bitcoin Gold (BTG) – A hard fork that tries to improve on Bitcoin by being GPU mineable, has a more frequent difficulty adjustment and replay protection.Bitcoin Cash (BCH) – A hard fork that tries to improve on Bitcoin by having faster transaction times and lower fees.Bitcoin (BTC) – “Digital gold” and the first widely popular cryptocurrency.But these currencies were created solely for that purpose. ![]() Yes, all cryptocurrencies are essentially used for financial transactions. SEE ALSO: 19 Powerful Positive Affirmations for Tradersįinancial Transaction Cryptocurrency Sector This list will be updated as much as possible, but if you see something missing, let us know in the comments. Trading cryptocurrencies is risky, do your own research and if in doubt, DO NOT BUY. Our only goal here is to create as complete a list as possible, to serve as a jumping off point for your research. Note: This is for informational purposes only and is not trading or investing advice. Projects also evolve over time and may shift their focus. Keep in mind that this categorization has been done to the best of our ability and there may be mistakes, depending on our understanding of the cryptocurrency and/or how the developers have explained it. So in this post, we will break down all of the cryptocurrencies that we know of and will put them into logical sectors. Likewise, you need to be aware of cryptocurrency sectors in order to understand how new innovations, laws and public interest will affect similar cryptocurrencies. There are different sectors in the stock market and it is important to understand each sector because their prices tend to move together. SEE ALSO: Create a free Binance account to access Binance tokens
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