common-close-0
BYDFi
Trade wherever you are!

What are the best cryptocurrencies to buy with 27,500 yen?

avatarAyshin PoursadeghDec 29, 2021 · 3 years ago1 answers

I have 27,500 yen and I'm interested in investing in cryptocurrencies. Which cryptocurrencies would be the best options for me to buy with this amount of money?

What are the best cryptocurrencies to buy with 27,500 yen?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we recommend considering a diversified portfolio when investing in cryptocurrencies. With 27,500 yen, you can allocate a portion to Bitcoin (BTC) and Ethereum (ETH), which are considered the safest and most established cryptocurrencies. These two coins have a proven track record and are less volatile compared to some smaller altcoins. Additionally, you may want to consider investing in Binance Coin (BNB), the native cryptocurrency of the Binance exchange. BNB has shown strong growth and has utility within the Binance ecosystem. Remember to always do your own research and consult with a financial advisor before making any investment decisions.