Now, let us move on to the top 3 cryptocurrencies that are best for crypto day trading:
#1 Binance Coin (BNB)
Binance Coin (BNB) is the popular crypto of the most popular crypt exchange, Binance, which was Ethereum based but recently BNB released its mainnet coin. The users deploy BNB tokens to pay the fees levied by the exchange for using the services. The fees generally include exchange fees, trading fees, and listing fees. BNB is chosen by most of the day traders because of its growing demand and popularity.It has been enlisted by all the popular exchanges and wallet partners and also considered as one of the best crypto to day trade.
#2 Ethereum (ETH)
Ethereum is the second largest cryptocurrency in the world, with fairly high volatility. Because of its smart contract application and decentralization, its use cases are growing significantly. For the day traders, a good amount of volatility provides for a great opportunity to profit, within a short span of time. The best part is that you can make money anytime irrespective of the fact that the ETH price is going up or down.Plus, it is available in almost all the exchanges.
#3 True USD (TUSD)
TrueUSD is a stable coin, which can be bought and sold on the same day itself, as its value is bound to fluctuate by several cents. You can buy TUSD to trade other cryptocurrencies, so as to not incur losses. TrueUSD is gaining more attention nowadays after the Tether and Bitfinex scam happened a few days back. True USD makes one of the most viable options for the day traders.