Best Beginner Crypto to Buy in 2024 – Top 10 Coins

Inexperienced investors are often intimidated to buy crypto for the first time – due to the volatile and speculative nature of this industry. Nonetheless, there are certain projects that could be ideal for beginners.

In this guide, we discuss the 10 best beginner crypto to buy today, alongside an overview of what steps are required to complete the investment online in a matter of minutes.

10 Best Starter Cryptocurrency to Invest in – Full Analysis

Although all cryptocurrency assets are both volatile and speculative in nature, certain tokens are perhaps more suitable for beginners than others.

Below, we take a deep dive into the 10 best beginner crypto to invest in right now.

1. Tamadoge – P2E Pet Game With Augmented Experiences

Next up on our list of the best beginner crypto is Tamadoge. Those that missed out on the Battle Infinity private launch might consider Tamadoge, which is expected to be one of the best crypto presales of the year. And, as of writing, although tokens are selling fast, the Tamadoge presale is still running.

Before we get to the details of the presale, we should explain what Tamadoge is looking to achieve. In a nutshell, Tamadoge is aiming to become the best NFT game of 2024. The main concept is that users joining the game for the first time will be required to connect their crypto wallet and subsequently mint an NFT.

In doing so, a new doge-like pet will be born – and the respective NFT will possess a variety of traits and characteristics. The rarity of each pet NFT is completely random and subsequently determined by the underlying smart contract that backs the game. Nonetheless, it is the user’s responsibility to care for their pet to ensure that its abilities increase.

The reason for this is that users can enter battles with their pet NFT against other Tamadoge players. Users are incentivized to win, not least because successful players can earn the project’s native token – TAMA. To enhance the gaming experience, the team of developers at this leading dog crypto Tamadoge is looking to create immersive experiences.

For example, in 2023, the project aims to incorporate augmented reality into its P2E game. In other words, users will be able to engage with their Tamadoge in the real world and continue to earn TAMA tokens no matter where they are located. This will run in conjunction with the Tamaverse – which is the metaverse division of the project.

To ensure that Tamadoge reaches a global audience, its developers will also be launching a mobile app for both iOS and Android. In terms of gaining exposure to this up-and-coming project, investors can access the presale directly on the Tamadoge website.

As the project operates on top of the Ethereum blockchain, investors can swap ETH or USDT for TAMA, at a minimum of $15. The presale is scheduled to run for just 30 days, albeit, there is every expectation that just like Battle Infinity, the campaign will sell out early. Learn how to buy Tamadoge via its presale campaign further down in this guide.

2. Battle Infinity – Metaverse Ecosystem With P2E Games and NFT Ownership

Battle Infinity could be one of the best beginner crypto to buy for first-time investors who wish to gain exposure to an up-and-coming project. Founded in mid-2022, Battle Infinity is a Mumbai-based crypto startup that is building a highly diverse ecosystem running in conjunction with its own metaverse.

In what it calls the ‘multiverse’, the Battle Infinity platform will host a full suite of innovative projects. This includes multiplayer P2E games that will offer rewards in the form of its native crypto token – IBAT. One of the first P2E titles to launch on Battle Infinity is its fantasy sports game. IBAT is also considered to be one of the best BSC tokens on the market.

Initially, this will focus on the IPL – which is a hugely popular cricket tournament held annually. After buying an NFT pass to the game, users will need to select their favorite cricket players with the view of building a team to compete. The user will earn points and rewards based on how the cricket players perform in real-world IPL games.

In addition to cricket, the fantasy sports game – which is branded as the IBAT Premier League, will cover a variety of other global franchises, such as the NBA, MLB, NFL, and the EPL. Crucially, players are incentivized to pick their chosen team carefully, as success is rewarded in IBAT tokens.

On top of its multiplayer games, Battle Infinity will also enable players to earn or buy NFTs. Each NFT that is purchased offers an immersive gaming experience. Moreover, NFTs can be traded on the Battle Infinity marketplace. There will also be a decentralized exchange that is unique to Batlle Infinity, and this will enable players to swap IBAT with other digital tokens.

Those that wish to hold onto the IBAT tokens that they have earned can deposit the funds into the Battle Infinity staking tool. In doing so, the user will earn interest on their idle tokens. The innovation and potential upside of this crypto project are fully supported by the fact that Battle Infinity recently sold out its presale campaign early.

In fact, while the presale campaign was scheduled to last for 90 days, it reached its hard cap target of 16,500 BNB (approximately $5 million) in just 24 days. The good news is that those who missed out on the presale can buy IBAT tokens later this week when it lists on the popular exchange Pancakeswap.

We explain how to buy IBAT on Pancakeswap later in this guide. In the meantime, consider joining the Battle Infinity Telegram group for real-time updates on the project.

Those that require more information on the fundamentals of this crypto startup can download the whitepaper on the Batlle Infinity website.

3. Lucky Block – NFT Competitions and Crypto Rewards via a Decentralized Ecosystem

Lucky Block is the next project that makes our list of the best beginner crypto to buy. This project is offering one of the most innovative business models that we have seen in the crypto space for some time, not least because it is combining the growth of NFT ownership with competition and rewards.

In its most basic form, Lucky Block is open to players from all over the world – and is offering highly lucrative competitions that are backed by blockchain technology and smart contracts. Some of the best competitions currently on the Lucky Block platform include $1 million worth of Bitcoin, a $1 million home in the UK, and a brand new Lamborghini.

To participate in a Lucky Block competition, users will first need to purchase an NFT. Each NFT collection is aligned with the completion in question. For example, to stand a chance of winning $1 million worth of Bitcoin, the user will need to buy and hold the ‘BTC1M’ NFT.

Once all of the BTC1M NFTs have sold out, Lucky Block will initiate the prize draw. The winner of the draw will subsequently receive their BTC tokens, while unsuccessful players will still earn rewards. In fact, by simply holding a Lucky Block NFTs, crypto rewards will be generated before, during, and after the respective competition.

In addition to buying a Lucky Block NFT for the purpose of earning passive rewards, investors might also consider purchasing the LBLOCk token. This is the native token that is unique to the Lucky Block ecosystem and it trades on both decentralized and centralized exchanges.

Moreover, there is a V1 and V2 versions of the LBLOCK token. While the former operates on top of the Binance Smart Chain, the latter was built on top of the Ethereum blockchain. This dual-chain system ensures that LBLOCK tokens attract sufficient levels of liquidity and trading volume across the world’s two most popular networks.

Another thing to note is that LBLOCK remains a top trending cryptocurrency, not least because earlier in 2022 it became the fastest project to reach a market capitalization of $1 billion. Those that missed out on the project’s initial spike can now buy LBLOCK tokens at a huge discount when compared to its previous all-time high of $0.009.

4. Bitcoin – Best Starter Crypto for First-Time Investors

There are many reasons why Bitcoin is one of the best beginner crypto to invest in for the first time. Crucially, Bitcoin was the first cryptocurrency of its kind when it was designed and launched in 2008 and 2009 respectively. It is by far the largest crypto in terms of market capitalization, with the digital asset reaching a value of over $1 trillion in late 2021, making it the perfect long-term crypto investment.

This meant that Bitcoin was valued at more than pretty much every large-cap stock globally – other than the likes of Apple, Microsoft, and Tesla. As a result, Bitcoin is the best starter crypto for those looking to gain exposure to this industry without any prior experience.

Each and every crypto exchange in this space will list Bitcoin – including tier-one brokers like eToro and Robinhood. This means that investors can buy Bitcoin in a regulated environment with a debit/credit card in a matter of minutes. Due to the many billions of dollars in daily volume that Bitcoin attracts, investors have access to sizable levels of liquidity.

This means that at any given time, investors can cash out their Bitcoin tokens back to fiat money without fear of finding a suitable seller. Before Bitcoin and the rest of the cryptocurrency market entered a bear cycle, the digital asset surpassed a value of over $68,000.

Bitcoin has since declined in value – reaching 52-week lows of under $20,000. This enables first-time investors to buy Bitcoin at a huge discount.

Read more: How to make money with cryptocurrency

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

5. Ethereum – Second-Largest Crypto by Market Capitalization 

Ethereum is similar to Bitcoin in many ways, insofar as it is one of the best beginner crypto to invest in for the first time. This project was first launched in 2015 and it is the second-largest crypto by market capitalization and one of the best altcoins to buy. When Ethereum was first launched, it held a conventional initial coin offering (ICO) at just $0.31 per token.

Crucially, Ethereum has gone on to hit all-time highs of nearly $4,900 – which it achieved in late 2021. This means that since the crypto asset was launched, it has generated gains of over 1.5 million percent. However, just like the previously discussed Bitcoin, the value of Ethereum has dropped considerably since its aforementioned all-time high.

Based on prices as of writing, Ethereum is available to buy at a 65% discount. With that being said, although Ethereum hit 52-week lows of under $900 in June 2022, as of writing, the crypto asset has gone on to achieve gains of nearly 90%. As a result, Ethereum is outperforming the broader crypto market.

Perhaps one of the main reasons for this is that Ethereum will soon complete its much-anticipated and long-winded upgrade from proof-of-work to proof-of-stake. This refers to the underlying consensus mechanism that backs the Ethereum blockchain and it will enable the network to handle up to 100,000 transactions per second at highly competitive fees.

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

6. BNB – Large-Cap Crypto Backing the Binance Smart Chain

BNB is the next project to consider on our list of the best beginner token to buy. In a similar nature to both Bitcoin and Ethereum, BNB is one of the largest crypto assets for market capitalization. At the peak of the crypto bull market in late 2021, BNB was valued at more than $100 billion.

For those unaware, BNB is the native crypto of Binance and it was first launched in 2017. The BNB token has many use cases, albeit, it was originally created as a means to offer Binance exchange traders reduced commissions. While it still serves this purpose, BNB is perhaps more valuable as the native token of the Binance Smart Chain.

Some of the best up-and-coming crypto projects are built on top of the Binance Smart Chain – including the likes of Battle Infinity, Lucky Block, and DeFi Coin. The reason that so many projects are opting for this network is that the Binance Smart Chain offers fast, secure, and cost-effective transactions.

And crucially, all transactions that take place within the Binance Smart Chain ecosystem are subsequently settled in BNB. This ensures that BNB has real-world usage and remains in demand by the broader crypto market. Another reason why BNB is one of the best beginner crypto to invest in is that Binance regularly conducts token burns – which reduces the overall supply.

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

7. Shiba Inu – Popular Meme Coin With Huge Returns Since 2020

Next up on our list of the best beginner crypto is Shiba Inu. This meme coin was first launched in 2020 to become a direct competitor to Dogecoin. Although Shiba Inu has very little use case – if any, the crypto asset has since gone on to become one of the most popular tokens in this industry.

In fact, just over a year after launching, Shiba Inu generated gains of several million percentage points.  And, this was when Shiba Inu hit an all-time high of $0.00008 in 2021, which translated into a peak market capitalization of over $40 billion. It’s still one of the best crypto under $1 to buy. Although Shiba Inu – alongside the broader crypto market, has since declined in value, it is still a large-cap project worth several billions of dollars.

To ensure that the project remains relevant in the long term, the anonymous team behind Shiba Inu is currently working on building a metaverse ecosystem. This will follow a similar concept to the likes of Decentraland and the Sandbox, insofar that investors will be able to buy virtual plots of land within the Shiba Inu metaverse.

According to Shiba Inu, its metaverse will consist of more than 100,000 individual parcels of land that will be unlocked over the course of time. During the initial introductory phase, just over 32,000 plots will be made available for sale. Finally, another reason why Shiba Inu is perhaps the best beginner crypto is that as of writing, a $100 purchase would get over 8 million tokens.

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

8. MyNeighborAlice – Up-and-Coming Metaverse Project With Small Market Capitalization

Up-and-coming projects that were recently launched to the public enable investors to buy into the respective token at an attractive price. And, in this regard, MyNeighborAlice is one of the best beginner crypto to invest in for this purpose. In a nutshell, MyNeighborAlice is a metaverse project and its ALICE token was first launched in March 2021.

Built on top of the Chromia blockchain, the MyNeighborAlice metaverse is a free-to-play multiplayer game. Players are incentivized to progress through the game with the view of earning crypto rewards. Within the MyNeighborAlice metaverse, players also have the opportunity to buy virtual plots of land and earn in-game NFTs.

Land can be purchased across the game’s six islands and all transactions must be conducted with the project’s native token – ALICE. By holding ALICE tokens, users will also be able to vote whenever a proposal is made by the MyNeighborAlice team. In terms of its valuation, MyNeighborAlice is a small-cap token.

As of writing, the project carries a valuation of less than $86 million – as per CoinMarketCap. Therefore, those buying ALICE tokens at this price point have the opportunity to target attractive long-term gains. The easiest, cheapest, and safest way to buy ALICE tokens is at the regulated broker eToro.

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

9. DeFi Coin – Decentralized Exchange and Investment Ecosystem 

DeFi Coin is the native digital currency of the DeFi Swap exchange. DeFi Swap is still in its development stage, albeit, the platform is already offering early-bird access to some of its core products. This includes an autonomous exchange that operates on top of the Binance Smart Chain and it enables users to swap BSc tokens anonymously, currently making it one of the best cryptos to buy on the dip.

Ordinarily, in order to swap one token for another, users would need to transfer the funds to a centralized exchange and proceed with the trade. However, when using DeFi Swap for this purpose, the user simply needs to connect their private wallet to the exchange. Furthermore, users are not required to open an account with DeFi Swap to be able to trade.

Another innovative feature of DeFi Swap is that users do not need to find a seller to be able to exchange tokens. This is because DeFi Swap utilizes the AMM (automated market maker) model. This innovative model ensures that autonomous trades can be carried out through the use of liquidity pools.

Anyone can deposit tokens into a DeFi Swap liquidity pool and in doing so – will be paid a rate of interest for as long as the tokens are locked. DeFi Swap also enables users to earn a passive income via its staking tool, with many tokens offering double-digit APYs. To invest in the broader DeFi Swap ecosystem, users can buy DeFi Coin via Pancakeswap or LBank.

10. Monero – Privacy-Focused Crypto Project 

The final project to consider from our list of the best beginner crypto to buy is Monero. This project is one of the most established tokens in this market, not least because it was first launched in 2014. The overarching concept of Monero is to offer users a fast and efficient payments network and most importantly – in a completely private manner.

In other words, when sending and receiving funds on the Monero network, transactions are 100% anonymous. This means that the public ledger does not display any information pertaining to the respective wallets involved in the transaction – which is in stark contrast to legacy networks like Bitcoin and Ethereum.

Those that wish to gain exposure to the potential growth of privacy coins, in general, can do so by purchasing XMR – which is the token native to Monero. According to CoinMarketCap, Monero was trading at just over $2 in 2014. When the token previously hit an all-time high of $485 in 2021, this represents growth of over 24,000%.

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

How to Find the Best Beginner Cryptocurrency Projects 

The 10 projects that made our list of the best beginner crypto to buy are the subjective views of the author.

And therefore, it is crucial that beginners do their own research when attempting to identify the best starter cryptocurrency for their financial goals and tolerance for risk.

In the sections below, we explain some of the core factors to consider when choosing the best beginner crypto trading strategy.

Low Price Crypto Tokens

The first thing to look for when searching for the best beginner crypto to buy is the price of the respective token. At one end of the scale, established projects like Bitcoin and Ethereum are considered expensive – especially for beginners.

After all, the aforementioned tokens have since hit all-time highs of nearly $69,000 and $4,900 respectively. Although it is possible to buy a very small fraction of Bitcoin and Ethereum, beginners would likely much prefer to have a large allocation of tokens.

• As such, this is why projects like Battle Infinity, Tamadoge, and Lucky Block could be more appealing for beginners.
• For instance, during the Battle Infinity presale – which reached its hard cap target of 16,500 BNB in just 24 days, the token was available to buy at just $0.015.
• This means that by allocating just $500, early investors would have received more than 333,000 tokens.

Similarly, the Tamadoge presale – which is still ongoing but selling fast, is offering its TAMA token at just $0.01 each. In this instance, an investment of $500 would yield 50,000 tokens.

Of course, being able to buy a large number of tokens does not increase the chances of making money. It does, however, give investors the opportunity to have a much larger stake in a project.

Project Potential 

In addition to assessing the price of a token, investors looking for the best way to build a beginner crypto portfolio should also consider the long-term potential of the project.

One of the best ways to do this is to assess the current valuation of the project and what stage it is in with respect to its objectives and roadmap targets.

• For example, the previously discussed Tamadoge is at the very start of its metaverse and P2E journey, which means that there is still plenty of work to do.
• However, this also means that TAMA tokens are available to buy at the best price possible – considering that the presale is still ongoing.

It is also wise to assess whether there are any other projects in the crypto space that are currently doing the same thing. If there is, consider what the respective project does differently when assessing its long-term potential.

Token Supply 

Another way to find the best beginner crypto to invest in is to explore the total token supply – and whether or not this is capped.

This is an important metric to assess, not least because an ever-increasing token supply will ultimately devalue the position held by existing holders. This is no different from when a company issues more shares to new investors.

Many crypto projects have an inflationary supply, which means that there is no limit to the number of tokens that can be issued. A good example here is Ethereum, which is yet to introduce a limit to its overall supply. Moreover, millions of new tokens are issued by Ethereum each and every year.

In comparison, Tamadoge has a maximum supply of two billion tokens. This means that once the maximum is reached, no more tokens will enter circulation.  As such, Tamadoge could be described as a deflationary token, which in the very long term, should be beneficial to existing holders.

Exchange Listings 

For complete crypto beginners, another metric to consider is the exchanges that the token is currently listed on. The reason for this is that some exchanges are more difficult and cumbersome to use than others.

For example, if the respective token is only available on a decentralized exchange, this means that the investor will not be able to use fiat money to complete the purchase.

In comparison, if the token is listed on a regulated tier-one broker like eToro, the investor will be able to pay for their purchase with a debit/credit card, e-wallet, or bank transfer.

As such, the best beginner crypto to buy are often listed on regulated exchanges and brokers.

Returns Since Last Bear Market  

Another important step for crypto beginners to take when searching for projects to invest in is how the respective token has performed since the last bear market.

As a prime example, Bitcoin went from a previous peak of nearly $20,000 in late 2017 to hit lows of $3,500 just a year later. On the one hand, this meant that in just 12 months of trading, the bear market resulted in Bitcoin losing over 80% of its value. However, Bitcoin has since gone on to hit a value of nearly $69,000 – which is 1,800% more than its 2018 low of $3,500.

• However, not all cryptocurrencies have recovered from the previous bear market.
• For example, back in early 2018, XRP hit an all-time high of over $3.40.
• Not only has XRP failed to regain its all-time, but it has since managed a peak price of just $1.38.
• This means that even when the markets were overly bullish in 2021, XRP still only managed a peak price that was 60% below its all-time high.

As a result, crypto beginners should spend some time researching the historical price action of a token before making an investment – with a specific focus on the previous bear market.

How to Invest in Top Starter Cryptocurrency as a Beginner

Crypto beginners might need some guidance when buying digital currency for the first time.

In the sections below, we explain the investment process across the two best cryptos for beginners – Battle Infinity and Tamadoge.

This should offer some insight into how beginner cryptocurrency trading works in practice.

Buy Battle Infinity (IBAT)

As we noted earlier, Battle Infinity has successfully raised 16,500 BNB within 24 days of its 90-day presale. Those that missed out on the presale can, however, buy IBAT tokens on Pancakeswap.

The required process is as follows:

Step 1: Get a Wallet That Connects to BSc Network

Pancakeswap is a decentralized exchange that lists BSc tokens like Battle Infinity. As a result, the first step to take is to choose and set up a suitable wallet.

This is often a choice between Trust Wallet and MetaMask – both of which are popular with crypto investors. However, those that wish to complete the investment process on a desktop device rather than a mobile app might consider MetaMask.

The reason for this is that MetaMask is available to download as a browser extension. Supported browsers include Chrome, Brave, Firefox, and Edge.

Step 2: Add Funds to BSc Wallet

The next step is to add some funds to the BSc wallet. This will need to come in the form of BNB tokens, as this is the digital currency of choice on Pancakeswap.

There are no minimums in place, so crypto beginners can deposit any amount of BNB that they feel comfortable with.

Take note, if using MetaMask, the investor will need to manually add the BSc network to the wallet. Details of how to do this can be found on the Binance Academy website.

Step 3: Connect MetaMask to Pancakeswap

If the BSc wallet is funded with BNB, the next step is to connect it with the Pancakeswap exchange.

To do this in a matter of seconds, visit Pancakeswap and click on the ‘Connect Wallet’ button.

Choose the respective wallet type and confirm the connection when a pop-up notification appears.

Step 4: Add Battle Infinity Contract Address to Pancakeswap

At the time of writing this guide, Battle Infinity is less than 48 hours away from listing on Pancakeswap. Nonetheless, investors will need to add the Battle Infinity contract address to Pancakeswap, to ensure that they are buying the correct token.

0x19cd9b8e42d4ef62c3ea124110d5cfd283ceac43

This can be done by clicking on the ‘Trade’ button via the Pancakeswap website, followed by ‘Cake’. Then, in the empty field titled ‘Search name or paste address’ – paste in the address listed above.

Just like in the image above, this will then display IBAT. Proceed by clicking on the ‘Import’ button.

Step 5: Buy Battle Infinity 

The final step is to buy IBAT, which can be done by swapping the BNB tokens that are currently being held in the crypto wallet.

Underneath ‘BNB’, enter the number of BNB tokens to swap for IBAT. Once Battle Infinity is officially listed, the number of corresponding IBAT tokens will update in real-time.

Finally, confirm the purchase and the Pancakeswap smart contract will exchange BNB for IBAT.

Buy Tamadoge (TAMA)

At the time of writing, Tamadoge is still running its presale campaign. However, do note that tokens are selling fast.

Nonetheless, if the presale is still available at the time of reading this guide – follow the steps below:

Step 1: Get a Wallet That Connects to the Ethereum Network

Tamadoge operates on top of the Ethereum network. Therefore, the first step is to get a suitable wallet that supports ERC-20 tokens.

MetaMask is also the best option here, as, by default, it automatically connects to the Ethereum blockchain.

Step 2: Add Funds to ETH Wallet

Next, the investor will need to add some funds to their chosen Ethereum wallet. This can be one of the two tokens that are supported by the Tamadoge presale – ETH or USDT. The best place to buy Ethereum is on eToro’s website.

The minimum presale investment is the equivalent of $15 plus network fees, so investors need to ensure that a sufficient number of tokens are deposited into the wallet.

Step 3: Connect to Tamadoge Presale

Once the wallet is funded, head over to the Tamadoge presale website. Click on the ‘Connect Wallet’ button and choose the respective wallet from what is supported.

Step 4: Buy Tamadoge at Presale Prices

Finally, the investor will need to enter the number of TAMA tokens that they wish to buy. To recap, during the presale, 1 USDT will get 100 TAMA. This means that TAMA is available to buy at approximately $0.01 per token. At least 1,000 TAMA need to be purchased per transaction.

After confirming the swap, the BNB tokens will be deducted from the wallet. Once the presale has concluded, the investor can head back to the Tamadoge website to claim their tokens.

Conclusion

This guide has discussed the best crypto for beginners to consider buying today. Perhaps the two most notable projects that we explored on this page are Batlle Infinity and Tamadoge.

Battle Infinity is building a metaverse and NFT ecosystem in line with multiplayer games, staking, and a decentralized exchange. Battle Infinity recently sold its hard cap presale target of 16,500 BNB in just 24 days.

New investors can, however, buy Battle Infinity directly from Pancakeswap.

FAQs