Home Cryptocurrency 10 Best Altcoins to Buy in 2023
Kane Pepi

Any cryptocurrency other than Bitcoin is referred to as altcoin – and there are now more than 20,000 to choose from. This allows crypto investors to build a diversified portfolio of altcoins across many project types.

In this guide, we explore the 10 best altcoins to buy while the broader crypto markets are bearish.

List of the Best Altcoins to Buy Right Now

A summarized list of the best altcoins to buy today can be found below:

  1. Wall Street Memes (WSM) – Overall Best Altcoin to Buy Altcoin to Buy in 2024
  2. Launchpad XYZ (LPX) – Best Altcoin Focusing on Making Web 3 Accessible
  3. Evil Pepe Coin (EVILPEPE) – Best Memecoin Inspired by Pepe Coin
  4. BTC20 (BTC20) – An Altcoin that is an Ethereum-based Bitcoin
  5. Chimpzee (CHMPZ) – The Greenest Altcoin of 2024
  6. Ethereum (ETH) – Top Altcoin to Invest in Long-Term
  7. The Sandbox (SAND)– Leading Metaverse Project With Virtual Real Estate
  8. Ripple (XRP) – Global Payments Network for Financial Institutions
  9. Polkadot (DOT) – Bridges the Gap Between Non-Related Blockchain Networks
  10. BNB (BNB)– Top-Rated Altcoin Backed by the World’s Largest Exchange
  11. Monero (XMR) – Popular Privacy-Centric Blockchain Network

We evaluate each of the above altcoins in the following sections of this page.

Detailed Analysis of the Best Altcoins to Invest In 2024

Let’s explore some of the best altcoins to buy in 2024. Our top list includes some brand new altcoin projects, as well as the best altcoin projects that have stood the test of time through several bull cycles in cryptocurrency’s history. While some like to buy cryptos to trade daily in an attempt to beat the market swings, other investors prefer to hold their coins for longer.

Many of these altcoins are also considered to be both the best long-term crypto investments and the best crypto airdrops in 2024.

1. Wall Street Memes (WSM) – Overall Best Altcoin to Buy Altcoin to Buy in 2024

Wall Street Memes, thanks to its memes and the high level of engagement it has fostered across social media platforms, is our first to pick as the best altcoin to buy in 2024.

WSM Best Altcoin

With a community of over 1 million followers across four social media platforms, Wall Street Memes focuses on financial humour through memes in a way that even the likes of Elon Musk have interacted with its tweets.

However, what sets it apart is its origins. Created as an ode to Wall Street Bets, a Reddit group that took the stock markets by storm in 2021, leading to the event called GameStonks, Wall Street Memes want to do something similar to memecoin.

It intends to mobilize the community, fueling the value of memecoins and transforming them into a wealth-generating asset for the members of the said community.

Another reason that it is one of the best altcoins of this year, despite being a memecoin, is because of its non-branded stance towards memes. Investors will find on its Twitter page that its financial humour is imprinted across all types of memes – which gives Wall Street Memes its mass appeal.

Wall Street Memes is currently running a presale in which it has already raised more than $17.5 million. With the hard cap set at $20 million, investors have limited time to become early movers on this project.

2. Launchpad XYZ (LPX) – Best Altcoin Focusing on Making Web 3 Accessible

Launchpad XYZ is one of the best altcoins of this year that focuses on making Web 3 more accessible. It does so by providing an all-in-one platform that combines all the major elements of Web 3 under one roof.

Launchpad XYZ Best altcoin

At the core of this project is an assessment tool that lets users find the best projects when it comes to NFTs, utility cryptos, presales, metaverse experiences, and play-t0-earn games. This tool gives them a score known as Launchpad Quotient – LQ.

LQ is a unique score that considers 400 different data points, from financial indicators to sentimental points, to assess the quality of a project. Projects with a higher score are considered better.

Launchpad XYZ also focuses on attributes such as fractionalized assets. Although still in development, this tool will allow developers to tie NFTs with real-world assets like real-estate properties and then fragment them to make the NFTs more accessible.

This project also features a trading terminal that supports advanced strategic tools as well as training modules. Veteran traders can trade strategically, and novice traders can use it to learn the aspects of crypto trading.

Launchpad has raised more than $1 million in the ongoing presale. Due to its focus on utilities, it can potentially go up by a large degree once it goes live on the price charts.

3. Evil Pepe Coin (EVILPEPE) – Best Memecoin Inspired by Pepe Coin

Evil Pepe Coin is a memecoin inspired by Pepe Coin. Pepe Coin started a memecoin mania that led investors to invest in many memecoins with little to no upsides and lose money. Evil Pepe Coin is a project that claims to be that drive.

Evil Pepe Coin

A community-driven token built on the Ethereum blockchain, Evil Pepe Coin focuses on combining the humour or memecoin with the speculative investment decisions that come with it. According to the whitepaper, EVILPEPE taps into the power of FOMO to create an “audacious” community that embraces all the quirkiness that comes with investing in the memecoin.

But what makes Evil Pepe Coin one of the best investments of this year? The name, combined with the timing and the fact that it is currently available as a presale, are the primary drivers behind this crypto’s value.

While there is no utility behind it, it does have a community backing it up. And while it follows the same strategies as standard memecoins, it doesn’t promise anything more than what it is.

The honesty that this memecoin project displays by doing away with inaccessible utilities and embracing the community factor is the reason we have ranked EVILPEPE so high on our list.

Evil Pepe Coin has already raised more than $600k in its presale round. The hard cap is set at $1.99 million, and the tokens are going out fast. Those interested in the pump that will likely happen once it gets listed on DEX should invest in it today.

4. BTC20 (BTC20) – An Altcoin that is an Ethereum-based Bitcoin

While Bitcoin has been one of the best crypto assets to buy, it is now accessible to most. Its high price point, coupled with many environmental factors, has deterred many to not invest in BTC.

Enters BTC20, an ERC-20 version of Bitcoin. Being built on the Ethereum blockchain, this Proof-of-Stake variant of the oldest cryptocurrency is accessible, eco-friendly, and creates a stake-to-earn ecosystem with rewards similar to crypto mining.

BTC20 Crypto Presale

There are 21 million BTC20 tokens in total, of which the project is offering 3 million tokens on a presale at the price point of $1 per token. It was the case for Bitcoin well back in 2011. BTC20 will then start the second phase, selling the next 3.05 million tokens at the same price point. The remaining tokens will stay inside a liquidity contract that will release BTC20 to stakers as APY rewards over the next 120 years.

BTC20 is retracing Bitcoin’s steps of 2011 and is providing users with a more eco-friendly investment asset. These factors can combine to prove major upsides to its investors. Furthermore, the presale is already halfway done with its presale, having raised more than $1.5 million already.

5. Chimpzee (CHMPZ) – The Greenest Altcoin of 2024

Chimpzee is the greenest altcoin of 2024 and offers three different ways to earn to investors. This project aims to use the power of blockchain to combat climate change and protect endangered species.

Chimpzee new Crypto

The three major earning mechanics that take centre stage here are:

  1. Chimzpee Shop: The Chimpzee Shop is the place where the project’s “Shop to Earn” ecosystem comes into play. Users who buy Chimpzee gear and other articles from this shop will earn a share of CHMPZ tokens.
  2. NFT Marketplace: Chimpzee’s NFT marketplace offers a “Trade to Earn” ecosystem where investors who actively trade NFTs in this space will earn a share of the overall profits generated by the marketplace.
  3. Zero Tolerance Game – Zero Tolerance Game is Chimpzee’s play-to-earn ecosystem, where players earn CHMPZ tokens after completing certain milestones within the game.

This multi-pronged approach to earning and providing an ecosystem that allows users to contribute to the environment while gaming is the reason Chimpzee is one of the best altcoins of the year.

6. Ethereum (ETH) – Top Altcoin to Invest in Long-Term

While both Wall Street Memes and Launchpad XYZ are new, up-and-coming altcoins – Ethereum (ETH) is highly established. In fact, this is the largest altcoin project in this industry in terms of market capitalization – as it has been for the vast majority of its 7-year existence. Ethereum is trusted by the broader crypto community for its dedication to security and innovation.

Now that Ethereum is trading back well below $2,000 as of mid 2022, it may be one of the best altcoins to invest in despite being around for over five years already – since it has a track record of success and so many other Layer-2 altcoins run on the Ethereum blockchain.

In fact, thousands of altcoins (known as ERC-20 tokens) are actually built on top of the Ethereum blockchain – which is testimony to this sentiment. Some of the most popular altcoins that come from the ERC-20 category include DAI, Polygon, Shiba Inu, Uniswap, Chainlink, and the Sandbox.

Those wondering how this benefits Ethereum should understand that each and every transaction conducted by an ERC-20 token requires GAS fees – which are paid in ETH. In turn, Ethereum will always be in demand for as long as its native blockchain is utilized by other crypto projects.


With that said, although Ethereum is the go-to blockchain for thousands of altcoins, in its current form, the network itself is sluggish. By this, we mean that a maximum of 16 transactions per second can be handled by Ethereum, which oftentimes results in high transaction fees.

The good news is that Ethereum is very close to completing its much-anticipated migration from PoW to PoS. This will mean significantly more transactions per second and much lower fees. Crucially, although the broader crypto markets are bearish, the price of Ethereum is recovering at a much faster rate when compared to other altcoins.

Cryptoassets are highly volatile investment products. Your capital is at risk.

7. The Sandbox (SAND)- Leading Metaverse Project With Virtual Real Estate

Those with an interest in the future of the metaverse night consider the Sandbox (SAND), which is arguably one of the best altcoins to buy for this purpose. Built on top of the Ethereum blockchain, this popular ERC-20 token backs the Sandbox virtual world, which is both extensive and innovative.

For example, it is possible to create a custom avatar and explore the Sandbox world with other people. When users find a plot of land that they are interested in calling home, they can make a purchase via the project’s native token – SAND. The user can then build real estate on top of the purchased land – and fully customized to their liking.

Sandbox (SAND)

While at the first glance this concept might seem farfetched, it is important to recognize that some sizable transactions have been conducted with SAND. For instance, land within the Sandbox was sold for the equivalent of $4.3 million in late 2021. Many other deals have been executed in the Sandbox metaverse for over a million dollars.

With that said, the metaverse concept is still in its infancy, so the market potential is yet to be fully realized. This is why the Sandbox is one of the top altcoins to buy today. Furthermore, although SAND has generated huge returns since launching in mid-2020, as of writing, the token is trading at over 80% less than its prior all-time high.

Cryptoassets are highly volatile investment products. Your capital is at risk.

8. Ripple (XRP) – Global Payments Network for Financial Institutions

So far, this guide on the best altcoins for 2022 has covered projects from fantasy sports, decentralized finance, crypto gaming, the metaverse, and more. Next, to ensure that investors are well diversified across a wide variety of blockchain-based concepts, we will explore the Ripple (XRP) project.

In a nutshell, Ripple is an established US-based company that has built a global payments network that operates on top of the blockchain protocol. The overarching objective of Ripple is to revolutionize how financial institutions perform cross-border transactions. Currently, most transactions go through SWIFT.


This is problematic, as SWIFT is both slow and expensive. This is especially the case when emerging currencies are exchanged internationally. Ripple, on the other hand, is able to facilitate cross-border payments at a tiny percentage of a cent – regardless of where the transacting parties are located, or which currencies are being used.

Its underlying blockchain supports all fiat currencies and can handle up to 1,500 transactions per second. At the core of the Ripple network is its native token – XRP. This token acts as a bridge of liquidity when competing currencies are being transferred and it trades on dozens of crypto exchanges.

Cryptoassets are highly volatile investment products. Your capital is at risk.

Next up on our list of the best altcoins to buy is Polkadot. Put simply, the Polkadot protocol was designed to meet the broader objective of blockchain interoperability. This concept allows blockchains to communicate with each other, even if they operate completely different coding systems and consensus mechanisms.

Therefore, the overarching goal of Polkadot is to allow the likes of Bitcoin and Ethereum, or any competing networks for that matter, to share data without needing an intermediary. This would enable the global blockchain ecosystem to reach new heights. Polkadot, via its DOT token, has witnessed a rollercoaster ride since it was launched in 2020.

Polkadot (DOT)

For example, CoinMarketCap notes that DOT was initially priced at just $2.90 per token. Fast forward to mid-2021 and DOT was trading at over $48, before capitulating down to $11. However, this altcoin then reversed its fortunes, by hitting an all-time high of $55 in late 2021.

This represents an end-to-end upward swing of nearly 1,800% when compared to its initial price. Crucially though, like the wider crypto market, Polkadot is now trading at a major discount. In fact, those entering the market right now can buy DOT at an 85% discount when compared to its prior highs.

Cryptoassets are highly volatile investment products. Your capital is at risk.

10. BNB – (BNB) Top-Rated Altcoin Backed by the World’s Largest Exchange 

Binance is the world’s largest crypto exchange and it continues to retain this status by a sizable margin. To fuel its broader ecosystem, Binance created the BNB token in 2017. Since then, BNB has gone on to become one of the best altcoins to buy in terms of growth, with significant gains witnessed by early investors.

For example, according to CoinMarketCap, BNB was trading at just $0.11 in 2017. In 2021, the BNB token hit an all-time high of over $669, which amounts to gains of nearly 600,000%. This means that an initial investment of $2 into BNB back in 2017 would, at its peak, have been worth over $1 million.

Binance Coin

With that said, although gains of 600,000% will likely never be seen again, the upside potential with BNB is still, in our view, highly attractive. In terms of use cases, BNB offers a 25% discount to Binance traders. BNB is also the native token of the Binance Smart Chain. This is an independent blockchain network that supports thousands of tokens.

And, just like any other network, all transactions conducted on the Binance Smart Chain require fees to be paid in the native token – BNB. As we mentioned earlier when discussing Ethereum, this ensures that BNB remains in high demand. We also like that Binance regularly burns BNB from the circulating supply, which in theory, is beneficial for its long-term value.

Cryptoassets are highly volatile investment products. Your capital is at risk.

Another niche area of the blockchain industry is that of privacy. At the forefront of this concept are Monero and its underlying XMR token – which is perhaps the best altcoin to buy for this purpose. To offer some context, Bitcoin is often referred to as an ‘anonymous’ payments system, insofar that transactions are not tied to the identity of the sender or receiver.

However, Bitcoin is arguably more of a ‘pseudonymous’ network, not least because forensic analysis practices do have the ability to reveal the identity of the transacting parties. This is where Monero comes in, as the blockchain offers a 100% privacy-focused network that ensures that both senders and receivers can remain anonymous.

Monero (XMR)

Launched in 2014, Monero transactions require a block time of just two minutes. However, it is important to note that transactions require between 20-30 minutes before they are deemed irreversible. The XMR token has witnessed many bear and bull markets over its 8-year lifespan.

With that said, early investors of this project are looking at sizable gains nonetheless. For example, according to data extracted from CoinMarketCap, XMR was initially trading at just over $2 in 2014. Fast forward to 2021 and XMR hit highs of $339 – which is a 16,000% increase from its initial valuation.

Cryptoassets are highly volatile investment products. Your capital is at risk.

What is an Altcoin?

The term ‘altcoin’ is a combination of two individual words – ‘alternative’ and ‘coin’. Put simply, altcoins refer to any cryptocurrency that isn’t Bitcoin. This means that of the 20,000+ tokens listed on CoinMarketCap, apart from Bitcoin, each and every project is an altcoin.

Altcoins offer investors an alternative to Bitcoin so that each project will look to target a specific long-term objective. This is important in the context of the cryptocurrency industry, as Bitcoin was designed to operate as a global payments network. However, blockchain technology can and will revolutionize more than just payments, which is where altcoins come in.

list of altcoins by market cap

For example, Ethereum is an altcoin project specializing in creating and deploying smart contracts. Battle Infinity, on the other hand, is building a metaverse ecosystem that allows users to play a fantasy sports game, earn and trade NFTs, and swap tokens via a decentralized exchange.

Crucially, by investing in some of the best altcoins to buy discussed today, traders have the opportunity to create a highly diversified portfolio of digital asset projects. Moreover, and perhaps most importantly, many altcoins in this marketplace have outperformed Bitcoin in recent years, which will appeal to those seeking higher gains.

Are Altcoins a Good Investment?

While some crypto investors will look to stick exclusively with Bitcoin, others will seek exposure to a wide variety of projects.

Below, we explore some of the key reasons why investors might consider adding some altcoins to their portfolio today.

Many Altcoins Have Outperformed Bitcoin in Recent Years

As we briefly noted earlier, some of the best altcoins to buy that we have discussed today have outperformed Bitcoin in recent years. For example, according to data extracted from Google Finance, Bitcoin has increased in value by over 760% in the prior five years.

While this smashes through the 60% generated by the S&P 500 over the same period, many altcoins have witnessed much higher gains. For instance, over the prior five years, BNB has increased by over 5,600%. Over the same timeframe, Chainlink has witnessed gains of 3,700%.

Presales Offer Low Entry Price

In the vast majority of cases, newly launched altcoins will look to raise funds via a presale campaign. This enables investors to buy the respective token at the best price possible before it goes through a public launch.

One of the most successful presale campaigns in recent times is Lucky Block – which initially priced its LBLOCK token at $0.0015 for early investors. In just one month of post-presale trading, LBLOCK surpassed a price of $0.09. This translates into gains of early 6,000%.

lucky block crypto price

The reason for this is that on the one hand, presales are risky – insofar that oftentimes, the project is yet to achieve many of its long-term goals. This is no different from having bought Tesla in 2010 – when the electric vehicle firm went through its initial public offering (IPO).

However, by investing in quality altcoins early via a presale, this offers investors a highly attractive entry price. As of writing, one of the best altcoins to buy right now via a presale campaign is the previously discussed Battle Infinity. The presale will last just 90 days and traders will, at the time of writing, get 166,666 IBAT tokens for every 1 BNB invested.

Easy to Diversify

We mentioned earlier that CoinMarketCap is now home to over 20,000 altcoins. This gives investors a superb opportunity to build a diversified portfolio of digital assets.

In doing so, the overall risks are somewhat reduced, as by investing in multiple projects from various markets, traders can ensure that they are not overexposed to projects that fail to make it big.

In order to create a basket of altcoins in an efficient manner, investors might consider eToro. The reason for this is that the platform lists dozens of altcoins – many of which we have discussed today.

Moreover, eToro requires a minimum trade of just $10 per token – regardless of the value of the altcoin. And, investors based in the US can buy altcoins without paying any deposit fees, and the trading commission amounts to just 1%.

Cryptoassets are highly volatile investment products. Your capital is at risk.

Altcoins are Typically Cost-Effective 

By investing in Bitcoin, even during the current bear market, traders will need to allocate more than $20,000 just to buy a single token. While online exchanges support fractional trading, buying a small unit of a token is far from attractive.

In comparison, many of the best altcoin projects discussed today trade with a super-low token price. This means that even beginners on a budget can buy a huge number of altcoin tokens without breaking the bank.

Altcoins Have Been Hammered by the Crypto Winter 

The current bear market – often dubbed the crypto winter, has hammered the valuation of the vast majority of altcoins in this industry, even the best altcoin projects like Ethereum dropped to a low valuation – ETH hit a 2022 low of $881 on Binance in June 2022 when Bitcoin dropped to $17,600.

On the one hand, this can be daunting for investors that bought altcoins in and around the prior market peak. However, those looking to enter the market right now can do so at heavily discounted prices.

  • For example, DeFi Coin, as of writing, is trading 85% lower than its prior all-time high.
  • This is also the case for Polkadot.
  • In fact, the vast bulk of altcoins discussed today are trading at a discount of at least 80% when compared to previous all-time highs.

This means that altcoin investors can target a sizable upside, should the token eventually regain its prior peak.

For instance, if DeFi Coin regains its 52-week high of $0.62 and the investor enters the market at $0.10 – this would require an upside movement of over 500%.

How to Choose the Best Altcoins to Buy

During the current bear market, investors have the opportunity to buy quality altcoins at hugely discounted prices.

However, the key challenge is knowing how to choose the best altcoins to buy.  After all, there are more than 20,000 altcoins in the market – with more being created on a regular basis.

Below, we explore some of the most important considerations to make when researching the best altcoins with the highest potential.

Determine the Weight of the Altcoin Portfolio

Before selecting individual altcoins to invest in, investors should consider implementing a weightage system within their portfolio.

This means that the investor should decide how much capital to allocate to Bitcoin and altcoins. Moreover, the total allocation to altcoins should also be split into different categories.

  • Hypothetically, a solid crypto portfolio might allocate at least 50-70% to Bitcoin, which is the de-facto digital asset of choice.
  • Many investors will allocate a sizable chunk of their portfolio to Ethereum, due to its established reputation and large market capitalization.
  • After all, consider a blend of up-and-coming altcoins, alongside some solid presale campaigns.

Crucially, the idea behind portfolio weightage is to ensure that crypto investments are made in a risk-averse manner. In other words, investors should allocate their funds based on the identified risk of each altcoin.

Trading Volume and Exchanges

When choosing the best altcoins to buy, investors should look at the average daily trading volume of the project, and which exchanges it is currently listed on. Or for new altcoin projects, its roadmap and planned DEX and CEX listings.

Regarding the former, this will determine how much interest there is in an altcoin. For instance, by exploring data via CoinMarketCap, many altcoins attract just a few thousand dollars in daily trading volume.

how to find the best altcoins

This could, unfortunately, indicate that the project is dead, as it struggling to attract interest from investors in sizable numbers. On the other hand, if the altcoin is attracting several million dollars in daily volume, this is a great sign.

In terms of exchanges, the best altcoins to buy will be listed on a wide variety of platforms – including tier-one operators. For example, Ethereum is listed on pretty-much every crypto exchange in this market.

With that said, newly launched altcoins will likely only be available to buy on a small number of exchanges, as listing applications can be slow to approve.

Concept and Roadmap Goals 

The best altcoins to buy that we came across have a solid business model alongside a realistic and innovative concept.

  • For example, we like how Battle Infinity is combining a variety of emerging technologies – such as the metaverse and NFTs, with its growing fantasy sports game.
  • Similarly, DeFi Coin is building a next-generation DEX that will not only support anonymous and decentralized token swaps but the ability to generate an attractive APY on idle cryptocurrencies.

In addition to its core concept, investors should consider whether the goals of the altcoin project are realistic. The roadmap – which can be found via the project’s whitepaper, is a great place to start.

On the other hand, we also came across plenty of altcoins that have an innovative concept on paper – but realistically, their objectives and goals are too farfetched ever to come to fruition.

Use Cases of the Altcoin 

Another metric to consider when researching the best altcoins to buy is the actual use case of the token. This is a major consideration to make, as if the altcoin has no use case, it will very quickly become irrelevant.

For example, both Shiba Inu and Dogecoin have witnessed huge bull runs in the prior couple of years. However, many would argue that they are both nothing more than a meme coin.

In comparison, the IBAT token has an actual use case, insofar that it allows players of the Battle Infinity fantasy sports game to bet and win rewards. IBAT is also the native currency in the Battle Infinity metaverse, alongside the project’s NFT ecosystem.

Where to Buy Altcoins

We mentioned earlier that the best approach to altcoin investing is to create a diversified portfolio of projects.

To do this effectively, investors will need to have an account with a crypto broker or exchange that offers low fees alongside a wide range of altcoin markets.

As we explain in more detail below, we would that eToro is the best place to buy altcoins right now.

eToro – Best Investment Platform to Buy Penny Crypto

eToro logoeToro is an online broker that was launched in 2007 and is now used by more than 27 million clients. Many eToro users are beginners, not least because the broker supports small minimum deposits, fractional assets, and a simple interface that is jargon-free.

With that said, eToro is also favored by seasoned traders for its high-level charts, real-time news, and access to technical indicators. Nonetheless, all investor profiles will like that eToro offers access to dozens of altcoins – including many of the top-rated projects we have discussed today.

Regardless of the altcoin’s trading price, eToro users can place an order from just $10. Moreover, fees are competitive here, as crypto trades attract a commission of just 1%. We also like that USD payments via debit/credit cards, e-wallets (including Paypal), and bank wires attract no deposit fees whatsoever.

etoro review

Non-USD payments will require the user to pay a small FX charge of 0.5%. eToro is also the best place to buy altcoins for those that wish to trade passively. In this regard, eToro offers two options. First, the Copy Trading tool allows users to mirror the crypto investments of a seasoned eToro trader.

Second, there are also managed portfolios that exclusively track crypto. Both of these tools will appeal to beginners with little experience in buying and selling altcoins on a do-it-yourself basis. eToro is heavily regulated, with the broker holding licenses from the SEC, FCA, and others. The platform also supports thousands of commission-free stocks and ETFs.

eToro currently supports 76 crypto assets, i.e. 75 altcoins alongside Bitcoin. That includes many new altcoin projects such as ApeCoin (APE) and some of the best altcoin projects like Cardano.


  • Access dozens of altcoins with low fees
  • USD payments via debit/credit cards and e-wallets are fee-free
  • Minimum altcoin trade requirement of just $10
  • Heavily regulated 
  • Smart Portfolios allow passive altcoin investing
  • User-friendly mobile app for iOS and Android


  • Doesn’t Support MT4 or MT5
  • Leverage is not available to US clients

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

How to Buy Altcoins on eToro

Those looking to buy altcoins right now via the eToro website or mobile app can do so in less than five minutes from start to finish. This even includes the process of opening a verified account and making a fiat money deposit.

Follow the steps below to buy the best altcoins in the market right now:

Step 1: Open an eToro Account

Start the process by visiting the eToro website and opening an account. This is a standard process that requires eToro to collect some personal information and contact details.

open an eToro account

To get the eToro verified straightaway, upload a copy of a government-issued ID.

Step 2: Deposit Funds

US clients are required to meet a $10 minimum deposit when opening an eToro account. Other than a few specific locations, all other nationalities will need to meet a minimum of $50.

Choose from one of the following deposit methods:

  • Paypal
  • Debit/Credit Card
  • ACH
  • Bank Wire
  • Trustly
  • Skrill
  • Neteller

Several other payment methods are supported, which are local to certain countries. USD payments are fee-free, while other currencies are charged 0.5%.

Step 3: Search for an Altcoin to Buy

In the search bar – which can be found at the top of the page, type in the name of the altcoin.

buy Ethereum on eToro

In the image above, we are looking to buy Ethereum. When the altcoin appears, click ‘Trade’.

Step 4: Buy Altcoin

An order box, as can be seen in the example image below, will now populate.

buy Ethereum on eToro

In the ‘Amount’ box, the user will need to type in their desired investment stake ($10 minimum).

To buy the respective altcoin instantly,  click ‘Open Trade’.


To conclude, altcoins offer a great alternative to Bitcoin for those looking to gain exposure to the broader cryptocurrency market.

In this guide, we have discussed the 10 best altcoins to buy right now – based on the quality of each project and the potential upside. Our list of the best altcoins to invest in 2022 wise includes something for every investor – a brand new altcoin presale, and well-established altcoins like Ethereum.

Overall, our market research found that the best altcoin to consider today is Wall Street Memes. The meme coin is on presale now and is leveraging its community to gain traction in the market.

Another major presale is Launchpad XYZ. It is an all-in-one platform that covers all the aspects of Web 3.

Wall Street Memes Logo

Launchpad XYZ logo


What is an altcoin?

What is the best altcoin to invest in right now?

Which altcoins will survive the bear market?

How many altcoins are there in total?

How do you invest in altcoins?

What is the best new altcoin to buy right now?

Are altcoins a good investment?

Kane Pepi

Kane Pepi

Kane Pepi is a expert on cryptocurrency and a prolific writer with more than 2,000 published articles. He holds a Bachelor's Degree in Finance and a Master’s Degree in Financial Crime, and is currently undertaking a his Doctorate based on money laundering in the crypto and blockchain sectors. Kane has written for numerous online publications, including Business2Community, MoneyCheck, the Motley Fool, InsideBitcoins, Blockonomi, Learnbonds, and the Malta Association of Compliance Officers.