Looking for small cap cryptocurrencies? Browse the best penny cryptocurrencies and blockchain tokens priced under $1.00 USD available on exchanges. Read news about popular penny cryptos and find the best altcoin exchages for penny coins all in one place. Below is our custom list of cryptocurrencies trading under $1.00 USD. The data is updated it real-time and sourced from multiple exchanges.
Browse Penny Cryptocurrencies Under $1.00 USD
List Of Top Volume Penny Cryptocurrencies - Updated In Real Time
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Learn How To Buy Penny Cryptocurrencies In 2019
5 Step Guide
If you are interested in buying cheap cryptocurrencies or “penny cryptocurrencies” and ERC-20 tokens, you can follow these easy steps and get started investing. Most penny cryptocurrencies are purchased using Bitcoin. This means investors must purchase BTC and transfer the cryptocurrency to the alt-coin exchange of choice. Be sure to do research before making any investment in cryptocurrency or any market.
Step 1: Purchase Bitcoin Using USD From Coinbase
Coinbase is one of the most trusted ways to purchase cryptocurrencies such as Bitcoin, Ethereum, and Litecoin using United States Dollars. Coinbase offers purchases using a credit or debit card, as well as ACH Bank Transfers. Follow the link below to create an account and get an extra $10 of free cryptocurrency for being a Coinformant.com reader.
Step 2: Choose A Cryptocurrency Exchange For Purchasing Penny Cryptocoins
There are many different choices of cryptocurrency exchanges that can be used to purchase penny cryptocurrencies. Coinformant recommends Binance.com, as it offers a large selection of cryptocurrency trading pairs as well as reduced fees for purchases and withdrawal. Creating an account is 100% free and KYC documents are not required for accounts that withdraw 2 Bitcoin or less per 24 hours. Follow the link below to create an account.
Step 3: Transfer Purchased Bitcoin From Coinbase To Binance Exchange
After creating an account on Binance, you can send your Bitcoin purchased from Coinbase to your Binance account. Be sure to be extra careful when transferring Bitcoin and triple check the wallet addresses to avoid errors and lost funds.
Step 4: Purchase Penny Cryptocurrencies Using Binance
After your Bitcoin transfer is complete and confirmed, you can choose the penny cryptocurrencies you are interested in and purchase them. Be sure to do your research and invest in only high-volume cheap cryptocurrencies, as the volume will ensure you can exit your investment in a timely manner. View the top volume penny cryptocurrencies listed on Binance.com updated in real time on Coinformant.com.
Step 5: Withdraw Penny Cryptocurrencies From Exchange And Store In Safe Place (Optional)
As a safety precaution, withdrawing any purchased cryptocurrency off an exchange is highly recommended. This protects your funds from being hacked due to poor security of exchanges. Each cryptocurrency uses different crypto wallets, so be sure to research what options are available for the coin you invested in.
Bitcoin penny stocks and cryptocurrency trading are growing daily. With the price of Bitcoin on the rise, other smaller cryptocurrencies are growing at a staggering rate. These other cryptocurrencies are labeled as “altcoins” and can bring returns of up to 80,000 % in short periods of time. Some of the best coins are considered “Penny Cryptocurrencies” and are currently under $5.00 USD, but generally under $1.00 USD. Penny crypto trading can be considered high risk as price movements can be seen on low volume and spreads can vary wildly. With that being said, there is still quality crytptocurrencies available and more being listed every day. If you are new to trading, please download this free Penny Cryptocurrency Trading Guide.
Cryptocurrencies and alt coins are traded 24 hours a day, 7 days a week which gives investors the chance to make money around the clock. Coinformant.com is happy to share our favorite cryptocurrency penny stocks that are poised to have large returns. As always, we recommend doing your own research before making any investments.
Pros & Cons Of Penny Crypto Trading
- Large ROI Possible In Short Time
- Small Minimum Investment
- Large Price Movements
- High Risk / High Reward
- Large Price Swings
- Low Volume Trading
- Limited Exchange Listings
- Price Manipulation