Currencies which can be used as an bitcoin alternatives

This article sums up the currencies which can be used as bitcoin alternatives.

The prices of Bitcoin might have stabilized for now as compared with it’s performance on Friday. But it is still the price below what investors really want. The peak price was reported as $19,000 on Sunday. Since then the bubble has busted and going as low as $11,000. Which has now again gained the value to $14,000.  However, Few other currencies can be bought for their affordability and performance. 

Here are Few currencies which serves as Bitcoin Alternatives:

Ripple (XRP)

Ripple is Also known as, Ripple Transaction Protocol (RTXP) or Ripple protocol. It is, one of the most traded crypto currency.Ripple is seemed to perform well in last few months.Initially released on 2012, Ripple is being traded between $1 to $2 in past few Months.This crypto currency is being traded for it’s affordability among people. Those who cannot afford to buy bitcoins but are asking for the performance.

Nxt (NXT)

 This crypto currency can be bought as an Bitcoin alternatives. Nxt is currently listed on number 6 as an currency to have high trade volume. Currently, this currency is traded between $1 to $2. Which makes it the well performing yet the cheapest crypto currency in town. The currency is ranked on number 25 in overall performance and growth.

Zcash (ZEC)

Zcash or ZEC was introduced on 28 October, 2016. This currency, I won’t say is the cheapest, since it’s trading price Is $536.73, as of December, 2017. ZEC, is suitable to work as the Bitcoin Alternatives because it provides it's investors the privacy for its users as compared to other crypto currencies. This currency provider the investor the transparency and also help the investors to comply with anti-money laundering or tax regulations by providing them the option of “Selective Disclosure”.

These currencies significantly does not suggest that, they performance on par with Bitcoin, but for sure serves as the Bitcoin Alternatives.