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Which is best Ethereum or Bitcoin?

There are many cryptocurrencies available in the market on which you can do your investment. But, the major question is which is better? Ethereum and bitcoin are two of those currencies which are becoming popular day by day. Bitcoin as well known is the oldest and popular cryptocurrency. Many people have invested their money in it and are satisfied with it. Ethereum is also a growing currency that is giving tough competition to bitcoin in every feature. In today’s article, we are going to take a look at both currencies and find out which one is better and safe to invest in. We have done our research on this and found out some interesting facts which will help you to make your decision.

Let’s have a look at both crypto and what is the major difference between Ethereum and Bitcoin. 

Bitcoin

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  • It is the largest cryptocurrency that has been very popular from the start. Large investors from all over the world show more attention to bitcoin because of its high popularity. 
  • This currency is simple to use and doesn’t have any complex interface. 
  • It is traded more than other available cryptos.
  • Bitcoin is a digital currency where you can invest and make huge profits by having patience.

Ethereum

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  • It is a global platform organized by native cryptocurrency Ether. 
  • On this platform, anyone can create new applications with the help of its infrastructure. 
  • Ethereum is a blockchain network that is also known for running its currency by the same name.
  • It also enables smart contracts between parties without any other interference or intermediaries. 

Differences between Bitcoin and Ethereum

  • Bitcoin is only a digital currency where Ethereum is a platform that also runs currency by its name.
  • Bitcoin can not create applications so there will be no execution of smart contracts without any third part but Ethereum does so.
  • Ethereum is a blockchain network that comes with limitless features and functions where bitcoin is only known for transferring money from one to another.
  • According to current stats, people have started to hold their bitcoin on the Ethereum platform because of its flexibility and simplicity.
  • One major difference between Ethereum and Bitcoin is that Bitcoin can be held on the Ethereum blockchain platform but Ether cannot be held on the bitcoin platform.
  • Bitcoin has already gained its stable position in the market where Ethereum is already in progress for achieving those results.

Conclusion

Cryptocurrencies are the best way to earn money and do investing. The only thing it requires is full dedication and well-done research. In absence of these things, instead of earning money, you can lose all your investment. If we talk about cryptocurrencies, there are so many available in the market but which one will be best to choose, many people face confusion. Bitcoin and Ether both are growing currencies however bitcoin has very much growth so people show more interest in this currency. Ethereum is a platform that is known for multiple functions and gives you some more benefits. So, both are good at their place and can give you a beneficial investment. 

Avoid Cryptocurrency scams, before losing money

There are many cryptocurrencies available in the market on which you can do your investment. But, the major question is which is better? Ethereum and bitcoin are two of those currencies which are becoming popular day by day.