🎁 Airdrop Season 7 is LIVE - Answer Fun Questions to Earn $30K Prize Pool Rewards. JOIN NOW!
Provider
Bank Transfer
Visa/Mastercard
Available Crypto
Our Score
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • + 240 more
NO
YES
BEST
9.4
NO
YES
SOLX
9.1
YES
YES
  • Bitcoin
  • Ethereum
  • DASH
  • + 360 more
YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • + 80 more
YES
YES
  • Bitcoin
  • Ethereum
  • XRP
  • + 300 more

Disclaimer: don’t invest unless you’re prepared to lose all the money you invest.

YES
YES
  • Bitcoin
  • Ethereum
  • Litecoin
  • +50 others
YES
YES
  • Bitcoin
  • Ethereum
  • + 400 more
NO
YES
  • Bitcoin
  • Ethereum
  • Solana
  • + 15 more

Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥

Benedetto Biondi

CEO at Folks.Finance

How important is market sentiment in the decision-making process for short-term investments?

Market sentiment plays a vital role in my decision-making process for short-term investments. I gauge market sentiment effectively, utilizing a combination of technical indicators, news analysis, and social media trends. This multifaceted approach to make informed decisions aligned with prevailing market attitudes.

Searching for the best cryptocurrency to invest in today for the short term because you prefer gaining profit quickly? If you are, then you’re in luck, because I’ve handpicked a list of the most promising crypto assets that are often considered by many traders to be the best cryptos for short-term gains.

However, keep in mind this is not financial advice, and that this list was made based purely on the popular opinions of many crypto enthusiasts. Besides, since the crypto market is extremely unpredictable, an asset can be fit for short-term trading one day and then become completely unsuitable the next.

Thus, it’s always important to DYOR (do your own research), trade on reputable exchanges like Binance or Kraken, and consult with a financial advisor before making any big decisions. That being said, though, this article will provide you with a proper foundation for short-term trading, which will make your research much easier.

Now, the following are some of the best cryptocurrencies to invest in today for short-term gains that will be discussed in this article:

However, before looking deeper into each and every crypto asset in the list, we should first go over the basics of short-term crypto trading.

What is Short-Term Crypto Trading?

I’m sure you understand what short-term trading is, especially if you’re searching for the best cryptocurrency to invest in today for the short term. Besides, I’d say that the name itself is pretty self-explanatory.

Put simply, though, buying a cryptocurrency and then holding it for a short period of time is considered to be a short-term investment in crypto. The typical holding period ranges from a few minutes to approximately two weeks.

Short-term investments in crypto are highly influenced by social signals and market trends. One tweet from an influential person can make the price of a certain crypto asset skyrocket. However, it can fall just as quickly a few hours (or days) later.

Thus, short-term trading requires you to monitor the crypto market, news, and any other factors that might influence the price of a certain crypto asset non-stop. Consequently, if you want to make a decent amount of profit through this type of trading, it will have to become your full-time job.

Best Cryptocurrency to Invest in Today for Short-Term Gains

And let me tell you, it will not be an easy job. The crypto market is extremely volatile and unpredictable, so you can never know what will happen, when will something happen, and how long will it last. Therefore, skill is not the only thing you need for short-term trading because luck plays a pretty important role as well.

Additionally, do keep in mind that short-term trading is a high-risk investment that has the potential to result in both significant gains and losses. So, if you want a less risky investment, it’s better to go with long-term trading, which involves buying crypto and holding it for a long time (usually years).

Now, getting back to short-term trading, you should know that there are several types. So, what are those?

Types of Short-Term Trading

The three main types of short-term trading are scalp trading, day trading, and swing trading. Let’s take a look at each in more detail.

Scalp trading (or scalping) is when you buy and sell crypto in very short time frames (from 1 to 15 minutes) in order to profit from small price movements. The profits usually go from 1% to 3%.

So, making many small profits while securing early gains are the objectives of scalping. This makes it very time-consuming as you have to make hundreds of trades per day if you want to secure a decent amount of profit.

Scalp traders (or scalpers) usually trade right after a significant sell down or pump, or when the market has horizontal support and resistance levels. High volatility is the required market condition for scalping.

Overall, scalping is good when it comes to gaining quick profits without much fundamental market analysis. However, it does take a lot of time, and your entry and exit points have to be very precise.

Best cryptocurrency to invest today for short-term: Short-term plan.

Day trading is kind of similar to scalping, except for the fact that it focuses on higher price movements and longer time frames (from 15 minutes to 1 day). Also, day trading profits usually go from 5% to 15%.

This type of short-term trading is less time-consuming as day traders make fewer trades per day than scalpers do. The key rule of day trading is closing all your positions by the end of the day.

High market volatility is also an important factor for day trading. Besides, this type of trading often relies on crypto news that can result in unexpected price surges due to certain trending events.

Overall, day trading also yields quick profits, but it does require to make technical and fundamental market analysis, and still is pretty time-consuming (just like any type of short-term trading is).

Best cryptocurrency to invest today for short-term: A man trading.

Swing trading focuses on even higher price movements than day trading does and involves buying and selling crypto assets in longer time frames as well (from a couple of days to a couple of weeks). Since it seeks to exploit higher price movements, profits can go from 15% to even 100% (if you’re lucky).

This type of short-term trading is the least time-consuming of all three, as you would usually make a couple of trades per month. Though, it also requires having excellent skills in technical and fundamental analysis.

Crypto news play an important role in this type of trading as traders often open positions in anticipation of events that have the potential to increase the price of the asset in question quickly. So, you always have to stay up to date with all the buzz in the crypto market.

To sum up, swing trading is the most profitable and the least time-consuming of all three types, but it’s also the one that requires the most advanced analysis skills and is the most risky.

Best Cryptocurrency to Invest in Today for Short-Term

Now that you have a pretty good understanding of short-term trading, it’s time to go over the list of the “best cryptocurrency to invest in today for short-term gains.” Just keep in mind that this list is not set in stone, as it’s solely based on the popular opinions of many crypto traders.

Therefore, just because a certain asset might seem like the best crypto to buy now for short-term gains, it does not mean that it will be this way tomorrow. If you plan on making any big investments, make sure to consult a financial advisor.

That being said, let’s proceed with the list.

BTC Bull (BTCBULL)

BTC Bull token (BTCBULL) is a meme coin project built on the Ethereum blockchain. Currently, the token is available through a presale event. You can acquire BTCBULL using various payment methods, including credit/debit cards, BTC, ETH, and other crypto.

Every time Bitcoin's ATH increases by $25K (counting from $100K), a portion of the BTCBULL token supply will be permanently removed from circulation, potentially exerting upward pressure on its value.

Best cryptocurrency to invest today for short-term: BTC Bull.

The project is quite unique because BTCBULL holders will be eligible for Bitcoin airdrops when the BTC price hits $150K, $200K, and $250K (with the biggest one planned for the third milestone). To receive these airdrops, you have to hold BTCBULL tokens in Best Wallet.

Additionally, the project offers staking opportunities, allowing holders to earn rewards by staking their tokens for specified durations.

Best Wallet Token (BEST)

The Best Wallet token (BEST) is a unique utility asset based on a larger self-titled ecosystem. The Best Wallet is a non-custodial wallet service that allows you to participate in all of the core Web3 activities, such as storing, staking, buying, selling, and transacting with your crypto.

Best crypto to invest in short-term: Best Wallet token.

Currently, the project is running the BEST token presale. Holders of the token will receive a wide range of benefits, including early access to new projects, reduced transaction fees & increased staking rewards, and project governance participation.

The BEST token can be acquired either with other cryptocurrencies or via a credit / debit card.

Solaxy (SOLX)

SOLX is the native token of Solaxy, which is the first layer 2 solution on Solana made for scalability, speed, and reliability. It seeks to reduce congestion and ensure smooth, low-cost transactions, even during high traffic.

Currently, the SOLX token presale is happening, during which you can buy the asset early at a lower price before its listing on CEXs and DEXs.

Best crypto to invest in short-term: the SOLX token.

Besides, even though it's still in its presale process, you can start staking SOLX to generate rewards. You'll be able to claim those rewards after the Token Generation Event (TGE).

It's estimated that Solaxy staking rewards could go up to 253%. Though, the APY is dynamic and substantial. Therefore, it will change based on the number of people staking the meme coin.

Bitcoin (BTC)

You’ve definitely heard of Bitcoin (BTC), even if you’re a newbie in the crypto world. After all, it is the first successful cryptocurrency that set the foundation for the fundamental principles of the crypto market. You’ll surely find it on most “best cryptocurrency to invest today for short-term gain” lists.

Bitcoin was officially launched in 2009 by Satoshi Nakamoto. The goal of inventing Bitcoin was to produce a digital currency that operates peer-to-peer and is not reliant on any middlemen or outside financial institutions. As of 2023, Bitcoin still stands strong as the first cryptocurrency based on its market cap (and it seems that it’s not going anywhere).

However, what makes it one of the best short-term crypto investments? Well, for starters, Bitcoin has high liquidity. Therefore, it’s easy to open and close positions quickly, because you’ll always find buyers and sellers to trade with. It doesn’t matter if it’s 2 PM or 2 AM.

Furthermore, Bitcoin is highly volatile, which can be both a blessing and a curse. While volatility is kind of the main factor needed when making short-term investments in crypto, Bitcoin’s volatility can bring huge profits one second and great losses the other.

Best cryptocurrency to invest today for short-term: Bitcoin (BitDegree crypto tracker stats as of June 15th 2023).

This is the case because the Bitcoin price can change by thousands of dollars in just a few hours. So, your entry and exit points must be very precise because you can lose a lot if you don’t close or open them at the right moment.

In addition to that, Bitcoin is considered to be one of the best cryptos for short-term trading because its price gets influenced by various crypto and financial world news. For example, the Bitcoin price surged nearly 20% after the collapse of the Silicon Valley Bank in March 2023.

That being said, Bitcoin is most suitable for day trading or swing trading. Though, keep in mind that Bitcoin is also considered by many to be a good long-term investment, because it’s believed that the price of BTC will increase in the future even more due to its limited supply.

All in all, there are three main reasons why traders dub Bitcoin as one of the best cryptos for short-term gains - liquidity, volatility, and response to news.

Buy Bitcoin safely on such renowned cryptocurrency exchanges as Binance, KuCoin, or Kraken.

Ethereum (ETH)

Ethereum (ETH) is another extremely popular asset that many crypto enthusiasts see as one of the best cryptocurrencies to invest in today for short-term (as well as long-term) gains.

Ethereum was officially launched in 2015. The Ethereum network is mostly known for bringing smart contracts and decentralized applications (dApps) into the crypto industry. Also, note that as of June 2023, Ethereum is the second largest crypto asset according to its market cap, standing right after Bitcoin.

The popularity of Ethereum makes the crypto asset highly liquid. As you already know, if the asset is liquid, this means that you’ll always find someone to trade it with. No matter if you want to buy or sell it. Being able to quickly enter and exit positions is extremely important when it comes to short-term trading.

Now, considering volatility, Ethereum definitely is volatile. Not as volatile as Bitcoin, but its price does fluctuate from a couple of dollars to a couple of hundred dollars throughout the day. This makes Ethereum pretty suitable for day trading or maybe even swing trading.

Best cryptocurrency to invest today for short-term: Ethereum (BitDegree crypto tracker stats as of June 15th 2023).

Besides, it’s worth noting the Merge, which took place in 2022. It was a major upgrade that changed Ethereum’s consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS).

How does it tie to ETH being dubbed as one of the best cryptos for short-term gains? Well, the Ethereum network is now more scalable, as well as has shorter transaction times and a significantly smaller energy footprint, making ETH a more attractive and ecological investment option.

To sum up, many experts claim that Ethereum is one of the best cryptos to invest in for the short term because it is liquid, volatile, and now also an environmentally-friendly investment option.

If you want to buy Ethereum quickly, consider using such crypto exchanges as Binance, Kraken, or Coinbase.

Binance Coin (BNB)

Have you heard of Binance, one of the most popular crypto exchanges in the industry? I bet you have. Binance Coin (BNB) is the native token of this exchange, and it’s often referred to by many crypto traders as one of the best cryptocurrencies to invest in today for short-term gains.

Binance Coin is very popular amongst traders because it has quite a lot of use cases inside and outside the exchange. Its most beneficial use case, however, is covering Binance trading fees and getting up to a 25% discount for doing that.

This brings us to the reason why crypto enthusiasts claim that BNB is one of the best short-term crypto investments - liquidity. Since Binance Coin is widely used by many traders, you'll surely open and close BNB positions quickly.

Best cryptocurrency to invest today for short-term: Binance Coin (BitDegree crypto tracker stats as of June 15th 2023).

Moreover, BNB is quite volatile. Even though it can be argued that it has been pretty stable since 2021 in terms of large price swings, its volatility is still suitable for day trading or scalping because its price typically fluctuates by a few dollars during the day.

Additionally, it’s worth noting that BNB has a pretty big growth potential, which makes it worth keeping an eye on. This is the case because of the popularity of Binance and the fact that it's expanding its features further and further, which could also result in the expansion of BNB use cases.

So, liquidity, volatility, and growth potential are some of the main reasons why traders might consider Binance Coin to be one of the best cryptos for short-term gain.

Make sure to only buy Binance Coin on legitimate crypto exchanges like Binance, Kraken, or KuCoin.

Ripple (XRP)

XRP is the native token of Ripple, which is an open payment network that runs on XRP Ledger, which essentially is a decentralized public blockchain. It is mostly known for providing low fees, very fast transactions, and being environmentally friendly due to its unique consensus mechanism.

The XRP Ledger Consensus Protocol is focused on trust-based validation to avoid wasteful or competitive use of resources. So, this consensus mechanism is way more environmentally friendly compared to Proof-of-Work (PoW), for example. Besides, it makes the network very scalable as it has the ability to process up to 1,500 TPS.

Low fees and fast transaction speeds are probably some of the main reasons that make traders turn to XRP when searching for the best crypto to invest in for short-term gains. After all, when it comes to short-term trading, you must be fast, while low fees are always a big advantage.

Best cryptocurrency to invest today for short-term: XRP (BitDegree crypto tracker stats as of June 15th 2023).

Besides that, XRP is one of the most popular cryptocurrencies on the market, which means that it has plenty of liquidity for quickly opening and closing XRP positions around the clock.

Speaking about its price swings throughout the day, though, it usually fluctuates by a couple of cents. Therefore, XRP would probably be most suitable for scalping, which focuses on insignificant price changes to make a small profit.

Lastly, it’s also worth noting that the XRP Ledger network has a strong development team that constantly improves it. Thus, if the network keeps thriving, the XRP token will likely stay at the top next to cryptocurrencies like Bitcoin and Ethereum, which only means that it has great potential in the future.

All in all, due to its fast transaction speeds, low costs, liquidity, and volatility, XRP is considered by many to be one of the best short-term crypto investments.

You can buy Ripple quickly and securely on Binance, Kraken, or KuCoin.

Dogecoin (DOGE)

Dogecoin (DOGE) is one of the most famous memecoins in the crypto industry that is based on the “Doge” meme featuring a Shibu Inu dog. The meme itself, though, is not the main reason for its popularity - Elon Musk is. Does it make DOGE the best cryptocurrency to invest in today for short-term gains? Let’s see.

All the buzz about Dogecoin mainly started in early 2021 when Elon Musk tweeted a DOGE meme with the Lion King. Musk’s enthusiasm toward DOGE made its price surge by over 10,000% at that time, which is crazy!

And, even though the Dogecoin price quickly retreated, the asset stayed very popular to date. Of course, the hype died down a bit, but it still remains highly susceptible to various crypto news and social media posts, especially when it comes to Elon Musk’s tweets (which he still drops from time to time). By the way, you can check out DOGE’s social signals right here.

So, it’s obvious that Dogecoin is highly volatile, which is why many crypto enthusiasts think of it as one of the best cryptos for short-term gains. Though, it’s probably most suitable for scalping because DOGE’s price usually fluctuates by a couple of fractions of a cent throughout the day.

Best cryptocurrency to invest today for short-term: Dogecoin (BitDegree crypto tracker stats as of June 15th 2023).

Additionally, DOGE’s large trade volume is another factor contributing to its suitability for short-term trading, making it a liquid asset. So, you don't have to be concerned about running into any difficulties when closing and opening positions.

However, keep in mind that, since Dogecoin is mostly driven by hype and speculation, it’s an extremely risky investment that requires a lot of luck if you plan to invest more. So, make sure to assess your risks and be careful (of course, this goes for investing in any type of crypto asset).

To sum up, the main reasons that make crypto traders claim Dogecoin to be the best crypto to buy now for short-term gains are its volatility, liquidity, and overall hype. Just always remember that the crypto market is highly unpredictable, especially when it comes to hype-driven crypto assets!

If you're wondering where to buy Dogecoin, I suggest using trustworthy crypto exchanges like Binance, Kraken, or KuCoin.

Shiba Inu (SHIB)

Speaking of memecoins, Shiba Inu (SHIB) is another one of those created with the major goal of outpacing Dogecoin. It actually has a lot of similarities with DOGE, as it is also inspired by the Shiba Inu dog breed, its success is tied to Elon Musk, and it’s considered by many to be one of the best cryptocurrencies to invest in today for short-term gains.

Though, from being merely a simple memecoin, it flourished into the whole Shiba Inu ecosystem (which is a rare case with memecoins). Now, Shiba Inu has its own decentralized exchange (ShibaSwap), the Shiba Inu project incubator, two more tokens (LEASH and BONE), and even the Shiba Inu Rescue Association.

So, why is it considered to be one of the best cryptos to buy now for short-term gains? To begin with, it is a well-known, liquid, and highly volatile crypto asset that is heavily influenced by hype. Elon Musk played a major role in this memecoin's success, just like he did with Dogecoin.

Best cryptocurrency to invest today for short-term: Shiba Inu (BitDegree crypto tracker stats as of June 15th 2023).

All it took for Musk to do was to announce on Twitter that he got a Shiba Inu dog, and the SHIB token price skyrocketed by nearly 300%. It’s actually crazy how powerful a simple tweet from an influential person can be. Thus, if you plan to buy SHIB as a short-term investment in crypto, you must follow the news constantly and monitor its social signals.

Just note that the Shiba Inu token is probably best for scalping because it costs only a fraction of a dollar, and, even though its price fluctuates a lot, the range in which it does is very small.

Overall, high volatility, liquidity, and hype-driven nature make SHIB one of the best cryptocurrencies to invest in today for short-term gains.

Not sure where to buy Shiba Inu? Binance, Kraken, and KuCoin are definitely some of the best places to do that.

ApeCoin (APE)

Have you heard of the Bored Ape Yacht Club (BAYC) NFT collection? I bet you have, as it is one of the most popular NFT collections out there. ApeCoin (APE) is the native token of the BAYC ecosystem, and it can often be seen on many “best cryptocurrencies to invest in today for short-term gains” lists.

Why is it the case, though? Well, firstly, APE has a huge variety of use cases, which makes it a popular and liquid crypto asset. It’s used as a tool for giving incentives, as a gating token, as means of payment on the BAYC ecosystem, and as a governance token in the ApeCoin DAO.

Besides that, ApeCoin is pretty volatile, especially when it comes to new events in the crypto space. After all, it is tied to one of the most popular NFT collections, which only means that any news affecting the collection could also affect the APE price.

Best cryptocurrency to invest today for short-term: ApeCoin (BitDegree crypto tracker stats as of June 15th 2023).

Speaking of APE price, this token is probably one of the best cryptos to invest in for short-term gains through scalping or day trading, as its price swings usually go from a couple of cents to a couple of dollars. Therefore, if you want to get higher profit trading APE, you’ll have to put a lot of effort into it (though, you have to put a lot of effort into making successful short-term investments in any crypto).

To sum up, many crypto traders claim ApeCoin to be one of the best short-term crypto investments due to the popularity behind the Bored Ape Yacht Club (BAYC) NFT collection and the volatility of the APE price.

Buy ApeCoin securely on Binance, Kraken, KuCoin or other renowned crypto exchanges.

Compare Crypto Exchanges Side by Side With Others

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

How to Start Investing?

Now that you know which assets are often considered to be the best cryptocurrencies to invest in today for short-term gains, you might be wondering how to start investing in them. Let me walk you through the process.

✓ Step 1: You should first choose a reputable crypto exchange for buying (and then selling) the asset you want to invest in. I suggest checking out centralized exchanges like Binance, Kraken, or KuCoin. They have strong security measures and convenient features that will make your trading experience both secure and hassle-free.

After choosing the exchange, you’ll have to create an account. Do note that most centralized exchanges require users to go through the KYC process to ensure their security and prevent any fraudulent activity from happening.

✓ Step 2: Once you set up your account, you’ll have to buy your first crypto. Check out this tutorial for a more thorough explanation on how to do that. To put it briefly, though, the most convenient way to buy crypto is using a credit or debit card.

Best cryptocurrency to invest today for short-term: Buy crypto with a credit or debit card.

However, not all assets can be bought with fiat. So, another option is buying some other popular cryptocurrency (like Bitcoin or Ethereum) and then simply trading it for the one you want to acquire through spot trading.

✓ Step 3: Once you choose an exchange and start trading on it, you should get a secure crypto wallet. While most exchanges have built-in software wallets that are very convenient to use for short-term trading, you should also get a hardware wallet for storing your profits safely. I suggest going with Ledger Nano X or Trezor Model T.

So, these are the main steps you have to take to start trading crypto, whether it be short-term, long-term, or any other type of trading. Of course, this is a very brief version of it.

To be successful, you should also create a solid trading strategy, use technical indicators, employ risk management strategies, and even start a trading journal (which will help you keep track of all your trading activities).

Additionally, always remember that you have to start small. No matter if you want to make a short-term investment in crypto or the long-term one. As the saying goes, don’t go biting off more than you can chew.

Conclusions

That’s it! You now know what short-term crypto trading is, which are the best cryptocurrencies to invest in today for short-term gains, and how to start investing. All you have to do is pick a trustworthy crypto exchange (like Binance or Kraken) and start trading!

Of course, don’t forget that the crypto market is extremely volatile and unpredictable, which means that an asset can be the best crypto to buy now for short-term gains, but it might not be tomorrow. Besides, trading is a high-risk investment overall, so you should only invest as much as you can afford to lose.

Additionally, keep in mind to always DYOR, carefully examine the cryptocurrency market, and keep up with all news and trends related to the industry. Speaking of that, you can discover the relevant data for assessing the crypto market on the BitDegree crypto tracker, while you can find the most recent crypto newshere.

That being said, I hope you have a great trading experience!

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

About Article's Experts & Analysts

By Benedetto Biondi

CEO at Folks.Finance

Benedetto Biondi is the co-founder and CEO of Folks Finance, the leading DeFi protocol on Algorand, offering a complete set of decentralized tools for managing digital assets. Benedetto has 3 years of experience as a blockchain project manager, is...

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
Benedetto Biondi CEO at Folks.Finance
Benedetto Biondi is the co-founder and CEO of Folks Finance, the leading DeFi protocol on Algorand, offering a complete set of decentralized tools for managing digital assets. Benedetto has 3 years of experience as a blockchain project manager, is a mentor in the Algorand Miami and Europe Accelerators, Moonbeam Accelerator, Fin+Tech accelerator, DeFi advisor at Climatecoin, and DeFi lecturer at the course of Economics and Law for Digital Assets at the University of Florence.
COINBASE
BINANCE
9.6
VS
8.0
BYDFI
BINANCE
9.0
VS
8.0

TOP3 Most Popular Coupon Codes
Verified
SECURE $600 BONUS Exclusive Binance Reward
Rating 5.0
Verified
CLAIM $30,000 AIRDROP BitDegree Airdrop Season 7 is Open
Rating 5.0
Verified
CLAIM 10% DISCOUNT On Best-selling Ledger Bundles!
Rating 5.0

Recent Best Cryptocurrency to Invest in Today for Short-Term Gains User Reviews

M. Carney
4.6/5.0 - Bitstamp User
01/01/2025
Experienced

I had trading experience so it was easier to figure out how to use this exchange, but wouldn't recommend it to first time traders.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Zion B.
4.8/5.0 - Kraken User
19/02/2025
no response

long response time in customer support. contacted support a week ago and still no response. good thing that it was only a minor issue i was contacting about, so no rush. can't imagine what i would do it was something major.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
FarRider
5.0/5.0 - Gemini User
27/01/2025
happy to pay

was pleasantly surprised. i expected this popular exchange to charge high fees

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Billie-Jo Bloggs
5.0/5.0 - Crypto.com User
26/02/2025
Love it!!!!!

I love CDC and everything about it it been a customer for like 8 months and hadn’t had a problem with it since

Evaluation
Price value
Ease of Use
Experience
Features
Safety
K Meadows-Davila
4.6/5.0 - Bitstamp User
21/01/2025
wallet

easy to purchase with fiat money, but after every trade i withdraw everything for free to my wallet outside of the platform.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Miss Kornelia
4.6/5.0 - Bitstamp User
16/12/2024
Cool design

The design and espacially the charts give me Wall Street vibes :) it is hard to read and understand what it means, though...

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Saara Stevens
5.0/5.0 - CEX.IO User
20/12/2024
Great for beginners

My start on the platform was easier that antcipated. The support section was very informative and resources were easy to understand as a new trader. Now can navigate and trade with ease!

Evaluation
Price value
Ease of Use
Experience
Features
Safety
J. M.
4.8/5.0 - CEX.IO User
24/01/2025
varying fees

for small sum trading CEX is one of the best in terms of low fees! but I often trade in high quantities and larger than average sums, so the fees add up and I end up paying a fortune...

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Matias Dale
4.8/5.0 - Kraken User
28/12/2024
first exchange

It took me more time than i expected to figure out how to use the exchange. Totally get why not many beginners go for Kraken as their first exchange. Aside from that, have no other issues.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Petra <3
5.0/5.0 - Gemini User
25/01/2025
Feel secure using this

Great and reliable platform! their safety measures have never let me down

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Adriana A
5.0/5.0 - Gemini User
08/12/2024
cool-looking

very eye-pleasing design, easy to navigate

Evaluation
Price value
Ease of Use
Experience
Features
Safety
shakir
5.0/5.0 - Kraken User
07/12/2024
Upgrade

Had to upgrade to higher tier because fiat payments were not eligible. As promised, got verified in few days. Don't know what I was hesitant about :) now have unlocked all the available features!

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Lilly-vanily
5.0/5.0 - Coinbase User
02/02/2025
Happy that coinbase is in my country

It's a shame that Coinbase in not available in more countries. Just happy I had the opportunity to move and now can have this new trading experience.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Chanel
5.0/5.0 - Kraken User
11/02/2025
Decent amount of cryptos

Well, the number of cryptocurrencies is reasonable, I don't think the higher the number, the better the exchange... I personally choose few cryptos at a time to focus on trading.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Marcie the Mute
4.0/5.0 - Crypto.com User
31/01/2025
Wait for so long

Long time for waiting registration

Evaluation
Price value
Ease of Use
Experience
Features
Safety
SANIA
5.0/5.0 - Coinbase User
14/01/2025
ALL IN ONE

Multi-functional platform! Facilitates the essential functions that other exchanges fail to provide.

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Wilkins jr
5.0/5.0 - Bitstamp User
08/12/2024
It's OK

Have been using Bitstamp exchange for many years, dont have many reasons to complain!

Evaluation
Price value
Ease of Use
Experience
Features
Safety
Sound Marcie
5.0/5.0 - Crypto.com User
19/01/2025
Best

I really dont understand what people are complaining about

Evaluation
Price value
Ease of Use
Experience
Features
Safety
ray keenan
5.0/5.0 - Coinbase User
29/12/2024
what about some customization?

The platform is very functional and all but I wish customization was available. Personalising design or colour themes and feature placements would be a great option!

Evaluation
Price value
Ease of Use
Experience
Features
Safety
I. G.
4.6/5.0 - Bitstamp User
17/12/2024
wallet

Had no security issues so far, but wouldnt trust the integrated wallet function

Evaluation
Price value
Ease of Use
Experience
Features
Safety

Leave your honest Best Cryptocurrency to Invest in Today for Short-Term Gains review

Leave your genuine opinion & help thousands of people to choose the best crypto exchange. All reviews, either positive or negative, are accepted as long as they're honest. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!

FAQ

What is the best cryptocurrency to invest in today for short-term gains?

Since the cryptocurrency market is so unpredictable, there is no definitive answer to this question. One minute a certain asset may seem like a good investment, and the next, it may completely collapse. However, the unpredictability of the crypto market is precisely what allows you to engage in short-term trading because a cryptocurrency needs to be volatile to be suitable for that. Additionally, other important factors are high liquidity, the popularity of the project behind it, and sensitivity to crypto news and trends. Many crypto enthusiasts claim that Dogecoin (DOGE), Shiba Inu (SHIB), Bitcoin (BTC), or Ethereum (ETH) are fit for short-term trading.

Is short-term trading risky?

Yes, short-term trading is a high-risk investment because it takes a lot of effort, time, and luck to be successful. Though, there are three main types of short-term trading that have different risk levels: scalping, day trading, and swing trading. The third type is the riskiest of them all. However, popular crypto exchanges like Binance, Kraken, or KuCoin offer various risk management tools (like stop-loss orders) to help reduce these risks.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no "other person" - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
5.0 Rating