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Introduction
The names of the different types of digital currencies are one of the first and most important curiosities of anyone who wants to learn more about crypto trading. It has been more than 17 years since the digital currency market started, and in these years, thousands of new currencies with different uses have been introduced. But the question is, what is the difference between these currencies? What are the uses of each in the trading market?

Introduction to different types of digital currencies

Whether you are looking to choose the best cryptocurrency to invest in, or simply want to learn about the different types, it is essential to know the names of the different types of cryptocurrencies. At the very least, you should be familiar with some of the most well-known ones before you can start investing.

Cryptocurrency categories

Before we get into the names of the different types of cryptocurrencies, it is important to first familiarize ourselves with their uses. Digital assets that are bought and sold in the crypto trading market can generally be divided into nine main groups in terms of use. These groups include currency, platform, ecosystem, privacy, exchange, gaming, social networking, decentralized data storage, and stablecoins.

Introducing types of digital currencies in terms of application

Each of the above categories represents a use case for each cryptocurrency in the market. In fact, all currently tradable cryptocurrencies aim to fulfill one or more of these purposes. For example, stablecoins have a value of approximately one US dollar per token. For this reason, they are used in a variety of transactions.

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List of names of 50 cryptocurrencies in Persian and English

The following list includes the names of the most commonly used digital currencies in the crypto trading market. In this list, the names of the digital currencies are listed in Persian and we have also included the abbreviation of each currency next to them.
1. Bitcoin (BTC): It is obvious that Bitcoin is the first in the list of names of digital currencies. Bitcoin is the first and largest digital currency that was launched in 2008 with the aim of creating a free financial market.
2. Ethereum (ETH): A decentralized blockchain that can create smart contracts. The native currency of this network is Ether.
3. Ripple (XRP): Ripple aims to facilitate international transactions. It is also used to store profits from price fluctuations.
4. Tether (USDT): It is a valid cryptocurrency. The price of Tether is tied to the US dollar. In fact, its value is always equal to one dollar. That is why it is used instead of dollars in crypto market transactions.
5. Binance Coin (BNB): Binance Coin was introduced specifically by the Binance exchange and operates on the Ethereum blockchain. Its most common uses for other exchanges are lending and reducing transaction fees.
6. Solana (SOL): High speed is the most important strength of the Solana blockchain with its native currency SOL.
7. USD Coin (USDC): It can be considered a kind of alternative to Tether. This token is also worth one US dollar.
8. Dogecoin (DOGE): The first meme coin in the cryptocurrency market. It is currently one of the main currencies in the cryptocurrency trading market.
9. Cardano (ADA): Another popular cryptocurrency, Cardano is the native currency of the blockchain network and is used to create smart contracts and run decentralized applications.
10. Tron (TRX): A powerful competitor to Ethereum, Tron is specifically focused on creating a free, international platform for publishing digital content.

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11. Wrapped Bitcoin (WBTC): A tokenized version of Bitcoin that connects the currency to the Ethereum blockchain.
12. Chainlink (LINK): Connects the world of crypto and smart contracts to the real world.
13. Stellar (XLM): Enables transactions between various cryptocurrencies.
14. Avalanche (AVAX): High speed and high scalability are among the strengths of this platform.
15. Litecoin (LTC): It is a decentralized version of Bitcoin. It has faster transaction speeds and a different algorithm.
16. Sui (SUI): Used to pay for transactions, secure the network of this currency, etc.
17. Toncoin (TON): The currency for in-app payments on Telegram.
18. Shiba Inu (SHIB): Another meme coin and actually the main competitor of Dogecoin.
19. Hedra (HBAR): Allows the creation of smart contracts with high speed and high security.
20. Mantra (OM): Focuses on simplifying traditional financial processes such as lending and…
21. Polkadot (DOT): Focuses on solving problems related to interoperability in the crypto market.
22. Bitcoin Cash (BCH): It is a sub-branch of Bitcoin that was created to facilitate transactions.
23. Dai (DAI): Another stablecoin on the Ethereum network, its value is also equal to one US dollar.
24. Monero (XRM): Focuses on keeping transactions anonymous and protecting individuals’ privacy.
25. Pepe (PEPE): Another meme coin.
26. AAVE: Provides users with the ability to lend and borrow in the cryptocurrency trading space.
27. Filecoin (FIL): Provides users with a decentralized storage space.
28. Algorand (ALGO): This currency is used to pay fees and… on its native network.
29. Fantom (FTM): It has become a serious competitor to the Ethereum network by increasing transaction speeds and reducing fees.
30. Enjin Coin (ENJ): Used in the video game industry.
31. ONDO: Provides access to the securities market.
32. Mantel (MNT): Designed to improve the scalability of the Ethereum network.
33. Aptos (APT): A secure, cheap, and high-throughput blockchain network.
34. Official Trump (TRUMP): A controversial meme coin and the exclusive currency of US President Donald Trump.

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35. Internet of Computers (ICP): A cloud infrastructure for running applications.
36. Tensor Bit (TAO): Related to artificial intelligence and machine learning models.
37. Ethereum Classic (ETC): It is a fork of the Ethereum network.
38. Tokenize Xchange:
39. Kaspa
40. Polygon Ecosystem Token
41. Veechain (VET): Used for business process and supply chain management.
42. Render Token (RNDR): Specifically used for paying for heavy graphics services.
43. Chiliz (CHZ): Allows sports fans to interact with certain tokens.
44. Arbitrum (ARB): It was created with the aim of reducing transaction fees and increasing their speed on the Ethereum network.
45. THETA: Enables content sharing (especially video) with free bandwidth.
46. ​​Cosmos (ATOM): Enables data exchange and communication between blockchain networks.
47. FLOW: Created to build infrastructure for other cryptocurrencies.
48. Quant (QNT): Enables interaction between different blockchain networks.
49. Sandbox (SAND): Provides gamers with the opportunity to earn money by playing games.
50. Tezos (XTZ): Supports smart contracts and has the ability to automatically update.

Final summary

In this article from Farhad Moghadam Salimi’s Crypto School, we introduce 50 of the best and most reliable cryptocurrencies. We also examine the main uses of cryptocurrencies in the trading market. As a trader, it is very important to keep yourself as up-to-date as possible in understanding cryptocurrency trading terminology .

English فارسی (Persian) Türkçe (Turkish)

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