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10+ Best Reddit Crypto to Buy – Latest Trends on Crypto Reddit

If your goal is to invest in crypto coins with high potential returns, Reddit is one of the best places for market research. There are many groups aka 'subreddits' of crypto traders and investors speculating on the best coins to buy and hold. In this guide, we review the best Reddit crypto to buy right alongside other top trending cryptocurrency assets. We also list the top cryptocurrency Reddit groups you should join to get the best crypto forum recommendations.
Cryptocurrencies to Buy on Reddit
Cryptocurrencies to Buy on Reddit

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Reddit is one of the most active platforms when it comes to cryptocurrency discussions and trading ideas. Members and lurkers can find discussion of the hottest cryptocurrencies on the market, get crypto trading tips, find out which cryptocurrency prices might pump, and learn a lot of valuable tricks about cryptocurrency investment. 

Crypto Reddit chatter is an excellent source of information when it comes to cryptocurrency trading and the conversations on Reddit groups and threads devoted to crypto trading can help you enormously in building your trading career. 

But Reddit is also a huge platform and is filled with a lot of information that may be unnecessary and sometimes even deceptive. To avoid such valueless groups you need to know which Reddit groups are the best to join and get useful information. In this guide, we have enumerated and described the best crypto groups to find on Reddit. Additionally, we introduced the best cryptocurrencies to invest in for 2024 according to Reddit group discussions and trends.

Best Crypto to Buy Right Now Reddit 2024

To invest in a cryptocurrency you must, first of all, explore the ecosystem where it is used, take a look at its price experience and market analysis, learn about its future plans, etc. The process may seem quite daunting as there are thousands of cryptocurrencies and it may take you a lot of time to find out the best cryptos to buy. 

If you do not have enough time to research, you can check out which crypto assets are recommended by experts on Reddit. Here is a list of the best cryptos to buy on Reddit in 2024 recommended by popular crypto groups. 

  1. Pepe Unchained – Growing Pepe-Themed Project Viral on Reddit
  2. Crypto All-Stars – Multi Meme Coin Token on Reddit
  3. The Meme Games – Reddit Meme Coin Inspired by the Olympics
  4. Shiba Shootout – Best Cowboy-Themed Meme Coin to Buy on Reddit
  5. Base Dawgz – Popular Memecoin Presale Viral on Reddit
  6. Mega Dice – Trending Crypto Casino’s Native Token Launch
  7. TopG1500 – Andrew Tate-Inspired Crypto With Viral Potential on Reddit
  8. Sui – Emerging L1 Blockchain Constantly Announcing Updates
  9. dogwifhat – No-Utility Memecoin With Massive Hype-Based Growth
  10. Myro – Memecoin Built on the Solana Blockchain Popular on Reddit
  11. Pyth Network – Popular Price Aggregator Reddit Crypto
  12. Solana – Fast Blockchain Crypto to Buy, Popular on Reddit
  13. Bitcoin – First and Largest Cryptocurrency to Buy, Reddit’s Crypto King
  14. Dogecoin – Best Reddit Crypto to Buy in the Big Cap Meme Coin Category

Best Reddit Cryptos to Buy – Full Reviews

In the previous section, we have introduced a quick list of the best cryptocurrencies with their short descriptions which are mostly recommended on Reddit crypto groups. But if you want to invest in cryptocurrencies it is also crucial to know what each of them is designed for and what plans it has regarding the DeFi industry. 

Hence, in this section, we will provide you with a detailed description of all the cryptocurrencies included in our recommendation list. These descriptions will help you understand what DeFi industries each of the coins tries to develop. Hence, you can select the one which you believe can succeed and bring you high rewards.

Pepe Unchained – Growing Pepe-Themed Project Viral on Reddit

Pepe Unchained has come up recently as a leading Reddit token to buy, thanks to its aggressive marketing and captivating theme reminiscent of the popular Pepe meme. The project’s marketing team has been relentless in promoting its unique narrative and advanced features, drawing significant attention from the Reddit community.

The project aims to be an enhanced version of the original Pepe token. It achieves this through its innovative Layer 2 mechanism, which significantly boosts transaction speed and reduces costs. This upgrade not only improves the user experience but also positions Pepe Unchained as a more efficient and scalable option compared to its predecessor.

Pepe Unchained

Staking is another attractive feature of Pepe Unchained. Investors can stake their PEPU tokens to earn impressive APY rates, a perk that has been widely discussed and appreciated on Reddit. Many investors have shared their positive experiences and the benefits of early participation in the presale, which is exclusive for those looking to maximize their returns.

The project’s presence on Reddit is further amplified by posts from leading influencers who have highlighted the potential of Pepe Unchained. These endorsements have helped build a strong community of supporters and investors, making the token a hot topic on various crypto forums.

With its engaging storyline, robust technology, and strategic marketing, Pepe Unchained has positioned itself as a compelling Reddit crypto worth investing in. The presale phase has already seen substantial interest, raising over $400k and pricing each token at just $0.008. For those looking for a promising investment in the meme coin space, Pepe Unchained is a top contender.

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Crypto All-Stars – Multi Meme Coin Token on Reddit

With so many memes to tap into, there is little doubt that Crypto All-Stars has the potential to gain virality on social media platforms and become one of the best Reddit cryptos to buy.

Stake with Crypto All-Stars

The imagery alone presents a scene that can generate conversation across Reddit. The entire homepage features a lengthy image of an apartment complex with top meme coin mascots standing on the balcony. Tokens like Pepe and Floki Inu are on the top floor, and scrolling down reveals Dogecoin, Coq Coin, and more.

These mascots have a pixelated look, and they are animated by doing random stuff on the screen, which is the perfect petri dish for creating amazing memes.

However, in addition to Crypto All-Stars’ viral potential, there is a staking utility that essentially allows these meme coins to be staked and generate gains in terms of STARS tokens.

This staking utility, facilitated by the world’s first MemeVault, promises to unite the crypto community in a more tangible way, making way for STARS to eventually be in the same league as top meme coins.

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The Meme Games – Reddit Meme Coin Inspired by the Olympics

The Meme Games has all the things that could rile up the Reddit community. It has got multiple meme characters featuring major meme coins, an interesting P2E ecosystem, and a locker-room style environment where talks are unfiltered but the vibe is great.

The Meme Games

This meme coin project blends the vibrant (and sometimes crude) community of meme coins with the thrilling games held at Olympics. The project has been designed to offer a unique gaming perk that starts with its presale and concludes when the Olympics closing ceremonies are complete.

While this may not give this project any long-term upside, for short-term traders, this meme coin is a gem that adds an element of competitiveness to the hype to make the project more worthwhile.

Presale investors can back their favorite meme characters that, dressed as athletes, are readying themselves for a sprint. If the chosen character wins, its backers earn a 25% bonus, which will compound an investor’s ROI.

The addition of gaming also makes The Meme Games a project ripe with opportunities to create massive engagement on social media. Imagine a race being held on the day when the world’s best racer takes to the field. Mirroring the event within the meme universe can propel this project a great deal.

The Meme Games has also introduced a staking perk that allows investors to generate passive income. Staking will reward users with dynamic APY, adding to the thrills of the game.

These factors can boost The Meme Games’ value on Reddit, and can even propel it once it lands on cryptocurrency exchanges.

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Shiba Shootout – Best Cowboy-Themed Meme Coin to Buy on Reddit

With its cowboy themes and Shiba Inu memes, Shiba Shootout has the perfect recipe to go viral on social media sites. The root of the project’s virality stems from its unique imagery that juxtaposes a fun Shiba Inu against a Western backdrop featuring a hard life where survival of the fittest counts.

Shiba Shootout Token

This combination is what will drive the project’s growth in value, as it has already introduced a bunch of use cases that will make it more enticing for Redditors as well as standard cryptocurrency investors.

Reddit users will appreciate the social aspect of this project. There is a utility known as Campfire Stories, where people can share their meme and investment stories and engage with the community. The most popular among them can earn SHIBASHOOT tokens. With Reddit being a hub of dialogue about finance and memes, it can become fertile ground for this project to prosper.

Another reason Shiba Shootout might go viral on social media is its unique approach to gaming. While it may not have the same appeal as major cowboy titles in the Web2 space, for the Web3 space, a looter-shooter game is one that investors should keep an eye on.

Overall, Shiba Shootout’s blend of viral appeal and robust utility makes it a promising contender in the cryptocurrency market.

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Base Dawgz – Popular Memecoin Presale Viral on Reddit

Base Dawgz’s appeal as a memecoin has seen a considerable surge, contributing to its growing popularity on platforms like Reddit. The project’s interesting theme resonates well with the online community, capturing the imagination of investors who are drawn to its bold concept and the inclusion of popular project mascots. This vibrant engagement on social media channels has helped Base Dawgz build a strong and enthusiastic community, further fueling its momentum.

Base Dawgz

The potential of Base Dawgz as a project is significant. Its foundation of interoperability across multiple blockchains, which positions it uniquely in the market. This multi-chain support not only enhances the token’s utility but also sets the stage for future integrations and applications, potentially increasing its value and usability over time.

A crucial aspect of Base Dawgz’s credibility is its thorough audit by a reputable third party. This audit underscores the project’s commitment to security and transparency, providing investors with confidence in its technical robustness and adherence to best practices. The audit acts as a safeguard, mitigating risks and ensuring that the project operates on a solid and secure foundation.

Currently, Base Dawgz is in its presale phase, offering tokens at a very attractive price point of just $0.0047. This early stage represents a unique opportunity for investors to acquire the token at a low cost, potentially reaping significant rewards as the project matures and gains further traction. The presale phase presents an ideal entry point for investors looking to participate in an innovative and rapidly growing project.

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Mega Dice – Trending Crypto Casino’s Native Token Launch

Mega Dice’s recent introduction of the DICE token has reignited interest on Reddit, where the crypto gambling platform is discussed not just for its gambling offerings but also for its potential as a lucrative investment.

Mega Dice

With over a year in operation, Mega Dice has a solid track record, hosting over 50,000 players and managing monthly wagers of over $50 million. The launch of the DICE token, currently in its presale phase, marks a pivotal shift towards integrating blockchain technology more deeply into the gambling experience. The token’s utility extends beyond simple transactions; it offers holders benefits like access to exclusive NFTs, additional rewards, and a share of the platform’s profits. This has caught the eye of Reddit’s investment-savvy community, particularly those interested in early-stage opportunities with significant upside potential.

Furthermore, the platform’s commitment to transparency and security, underscored by the limited token supply of 420 million DICE, contrasts sharply with other gaming-focused cryptocurrencies, which often have much larger supplies. This scarcity adds to the token’s appeal, as noted in numerous Reddit threads where users speculate on the potential for substantial returns as the platform continues to grow and evolve.

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TopG1500 – Andrew Tate-Inspired Crypto With Viral Potential on Reddit

Andrew Tate is the perfect symbol of the virality of social media. And when we have a token from a Tate superfan who is trying to meet him by walking across the UK, it is bound to go viral on Reddit.

TopG1500 Best Crypto

That’s what most feel when they first lay their eyes on TopG1500. With no website, or anything resembling robust tokenomics or a whitepaper, the token emerged at the end of June 2024 and went viral a week later, achieving 4000% growth. There has been no correction yet, which means the token can potentially move even higher on the price charts.

What makes this project interesting is the story behind it. The developer, Jake Guerilla, has created this project as an homage to the Top G while establishing a robust community on Twitter and Instagram. At the time of writing, the token is trading just above the $0.0019 mark and will likely rise as Jake closes in on Andrew Tate’s doorstep.

With crypto influencers like Jacob Crypto Bury already adding this token to their Top 5 meme coins list, there might more weight behind this token’s possibility to grow.

Buy TopG1500

Sui – Emerging L1 Blockchain Constantly Announcing Updates

Sui is a popular Layer 1 blockchain and smart contract platform designed to revolutionize digital asset ownership by ensuring speed, security, and accessibility. Since its launch, popularized by a massive airdrop, the project has remained relevant on Reddit pages for its consistent upgrades and project developments. Utilizing the Move programming language, originally created by Facebook’s Libra project, it focuses on parallel execution and is built for maximum efficiency.

Sui Price

Additionally, Sui has forged significant partnerships and developments, including an ecosystem investment with leading Web3 security firms OtterSec and Zellic, and introducing a feature to simplify the onboarding process for Web3 through the innovative zkLogin (Zero Knowledge login) functionality. The network’s decentralized ecosystem and independent builders have fueled its growth, with several projects exceeding $10 million in Total Value Locked (TVL) and 11 projects surpassing $2 million.

While the project is already being adopted by developers globally, it continues to gain popularity and attention from investors and developers on social media platforms like Reddit. This has led many to believe that the token may experience considerable price increases in the upcoming months.

Buy SUI

dogwifhat – No-Utility Memecoin With Massive Hype-Based Growth

Dogwifhat is one of those crypto projects that launch as memecoins with no apparent utility or roadmap but still manage to garner hype and thrive in any market conditions. These projects may not survive in the long run unless they start developing use cases on top of the project; however, they can be excellent short-term investments, and that is exactly how a majority of the community seems to be viewing this token. The project has been gaining fame on Reddit channels and is being heavily endorsed by many prominent names in the crypto space as well.

Dogwifhat price

The project has been launched as nothing more than a memecoin created to cater to meme enthusiasts. The project’s website simply has some random text about the token being among the best investment options to consider. It has already made it to several popular websites while amassing a massive social media following.

Currently priced at $0.28, the WIF token is being speculated to have a pump in the foreseeable future, with many expecting it to compete with some of the top memecoins in the industry at the moment. While this may not be a sure shot, it is likely that the Reddit token may see an increase in popularity in the upcoming months.

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Myro – Memecoin Built on the Solana Blockchain Popular on Reddit

As a project launched with a meme theme similar to Shiba Inu and Doge, the Myro project gained popularity for being built on the Solana blockchain, unlike the other two. The recent growth of Solana has also contributed to the popularity of the Myro project. Like most memecoins we’ve covered before, Myro is also a community-driven token, aiming to bring the community together around the Solana blockchain.

Myro The Solana Dog

However, some of its goals are lofty. Myro not only aims to strengthen the community around the Solana blockchain but also seeks to make Solana an attractive asset for institutional investors, customers, and whales. While there isn’t much information about the project’s plans for integrating utility, it does have a staking feature already.

To bring this dream to fruition, Myro is introducing the Solana BuyBot, the first comprehensive bot by the Solana blockchain on Telegram. Myro’s performance on the price charts has been similar to other tokens we’ve covered before. As a meme coin, its value jumped before a minor drop. However, it’s also possible that the token may grow in popularity at a considerable pace in the upcoming weeks if the Reddit community continues to show the same level of excitement it has been displaying in recent days.

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Pyth Network – Popular Price Aggregator Reddit Crypto

Another utility token that has gained fame among several crypto-related Reddit communities is the Pyth Network project. Pyth Network is a new token on Solana for oracles, providing price feed data from third-party sources for use in smart contracts on the blockchain, with over $70 billion of trading volume in more than 200 applications. The project has been embraced by the wider community of developers, evident by the increase in demand seen by the token recently.

pyth network price

The Pyth Network, a price aggregator oracle, launched in November 2023 and has already become one of the more notable new crypto platforms. The system has already generated a market cap of about $540 million, and with token airdrops set to take place over the next month or so, investors will be keeping a close eye on it. It has been consistent in keeping its social media community updated about any developments or upgrades within the project as well, which has helped it build a good relationship with its holders.

Since the project actually manages to solve an issue with its innovative use case, it may not be surprising to see Pyth Network as one of the top gainers in the next couple of weeks. However, this will also largely depend on how excited the community shows, especially on popular social media platforms like Reddit.

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Solana – Fast Blockchain Crypto to Buy, Popular on Reddit

The Solana project provides one of the fastest blockchains in the DeFi industry. It is a decentralized platform on top of which developers can build dApps enjoying fast transactions, low network congestion, and low transaction fees. Due to its unique peculiarities, Solana now can compete with such popular blockchain platforms as Ethereum and Cardano. 

The project was developed in 2017 by Anatoly Yakovenko, who later teamed up with Greg Fitzgerald, Stephen Akridge, and Raj Gekal to create Solana Labs which now operates the Solana blockchain. Dubbed as “Ethereum killer”, the Solana blockchain can proceed up to 65.000 transactions in one second and one transaction costs as low as $0.00025. It becomes possible because of the unique consensus mechanism called Proof of History which helps to optimize all the transactions on the network and arranges the transactions in chronological order. 

Solana

Apart from it, Solana uses the quite popular Proof of Stake mechanism to verify transactions and has a native ERC-20 token called SOL coin. SOL is the main fuel of the Solana network and it is used for different purposes. First of all, it is used to conduct transactions on the Solana blockchain. Additionally, holders can stake or lock their SOL tokens and be selected as block creators. Validators get rewarded for their service in SOL tokens. Finally, SOL is a governance coin and users can also stake their SOL to participate in the governance of the project. 

The coin was officially launched in March 2020 through a public sale during which it raised $1.76 million. Before that, it had also conducted a private sale and managed to raise $20 million worth of capital. Over the years Solana has become incredibly popular and attracted several developers. Among the most popular projects built on Solana include Serum blockchain and Degenerate Apes Academy. And SOL token is among the 10 largest cryptocurrencies by its market capitalization.

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Bitcoin – First and Largest Cryptocurrency to Buy, Reddit’s Crypto King

Bitcoin is the most popular cryptocurrency and you may have heard about it even if you have never traded or never had any interaction with the DeFi industry. It was the first cryptocurrency to launch and inspired the creation of thousands of other cryptocurrency projects. Currently, Bitcoin is the most valuable coin and has the largest market capitalization which is worth almost $466 billion. 

The discussions about Bitcoin on Reddit are still positive and many people recommend investing in it though recently it has lost its value significantly. The Bitcoin group created on Reddit has more than 4 million users, many of them claiming that it is the correct time to buy Bitcoin. Bitcoin is so valuable due to its several peculiarities. In the first place, it was the first cryptocurrency and was created in 2009 by an anonymous developer or a group of people with the pseudonym Satoshi Nakamoto. 

Bitcoin

Bitcoin introduced the concept of decentralization in the way people do their payments. It is virtual money used for buying services and goods but the difference between Bitcoin and traditional money is that Bitcoin is decentralized. It means that transactions are conducted between two parties and there is no third party (be it a person, a group, or an entity) involved in the process. The transactions are verified by block miners who get rewarded for their work in BTCs. 

The amount of BTCs rewarded for mining each block is halved every four years meaning that it becomes more and more difficult over the years to mine a new block. Additionally, Bitcoin has a limited supply of 21 million BTCs and 18 million BTCs are already released. Its scarcity makes bitcoin even more valuable. Other features helping bitcoin to be adopted as a payment method include durability, fungibility, portability, and divisibility.

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Dogecoin – Best Reddit Crypto to Buy in the Big Cap Meme Coin Category

Dogecoin is among the first cryptocurrencies that belong to the group of meme coins. These cryptocurrencies are launched as jokes and do not intend to bring any significant value or a problem-solving technology into the industry. Dogecoin was launched in 2013 by Reddit friends Billy Marcus and Jackson Palmer who combined the idea of bitcoin with a popular meme representing the Shiba Inu dog and some mispronounced words written on it in English.

It used the Shiba Inu meme dog as its logo and created a utility token called DOGE. At first, DOGE did not have any significant value, but gradually it garnered a lot of attention and finally became a popular meme coin on Reddit. Dogecoin even had an army of its popularizers who dubbed themselves Shibes. They used DOGE tokens for such events as to grant Reddit content creators and even fundraise money for charities. 

Dogecoin

For most of the time, Dogecoin’s value remained very low but in 2021 its prices soared up thousands of times, and eventually, DOGE became among the ten largest cryptocurrencies by market capitalization. One of the main reasons why DOGE has become so popular was that many celebrities started buying DOGEs and talking about it. Even famous entrepreneur Elon Musk owned Dogecoin and intensively tweeted about it on its Twitter account. 

Currently, Dogecoin is the 10th largest crypto with a market cap of over $9.6 billion. Unlike Bitcoin, one DOGE is not so valuable. It is traded below $1 and has never hit $1 in its history (its all time high was $0.74 on Binance). But as long as it does not have a maximum supply and its number is limitless, there are more than 132.6 billion DOGE tokens circulating already which raise huge market capitalization. With this being said, we should note that Dogecoin still remains a speculative asset. It is highly volatile and hard to guess whether it will lose its value or increase it. 

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Best Crypto Groups to Find on Reddit

To help you understand which crypto subreddits are worth considering for your cryptocurrency investments we have researched the platform and selected the best Reddit groups for crypto investment recommendations. Below we have reviewed the six best Reddit crypto groups according to the research of our experts. 

r/Cryptocurrency

Created on March 11, 2013, r/Cryptocurrency is one of the largest Reddit communities for cryptocurrency trading discussions. As of 2023, it had more than 6 million members including traders of all levels – from beginners to advanced traders. Here you can find everything related to crypto trading – news, analyses, discussions, and even price predictions tournaments. 

You can participate in discussions, ask your questions and get MOONS for commenting, posting, or contributing to the network. Moons are distributed each month and enable you to vote on polls – the more MOONS you get, the more voting power you have.

r/CryptoMarkets

Another well-known crypto community on Reddit is r/CryptoMarkets which is dedicated to the discussions of crypto trading. With more than 940 thousand members, r/CryptoMarket is a great group to find crypto trading recommendations about various crypto assets. The discussions here include such topics as technical and fundamental analysis of the coins, market analyses related to the demand and price of different crypto assets, crypto exchanges, etc. 

r/Bitcoin

As Bitcoin is the most popular and hottest cryptocurrency of all periods, there is a separate Reddit group for this cryptocurrency having more than 4.4 million users. Created in 2010 r/Bitcoin is the oldest cryptocurrency subreddit on this platform. The discussions here are only about Bitcoin trading and investment, so if you are looking for tips for BTC trading, it is an excellent group to join. However, you will not find discussions about other crypto assets here. 

In the Resources section of the group, you will find a lot of valuable information related to bitcoin technology and trading. It includes a beginner’s guide, frequently asked questions, a wiki section, and other sections that can help you a lot if you are a beginner in Bitcoin trading. Also, make sure you read the guidelines of the group carefully to know the rules of the group.

r/DeFi

r/DeFi is another excellent group to join on Reddit though it is not as active as the other subreddits included in our list. The problem is that it hosts more complicated discussions related to the DeFi industry and is quite new. Opened in 2018, r/DeFi has attracted over 102 thousand members. r/DeFi members discuss topics related to the DeFi market, including new altcoins, projects, and tokens that are attracting attention and are worth investing in. 

r/OpenSea

If you are also interested in NFTs, crypto game items, and cryptoart, the r/OpenSea community is the perfect group for you. This Reddit group is dedicated to the world’s first and largest Web3 marketplace – Open Sea, where you can buy, sell, create and auction NFTs. By joining this subreddit you will get new information about the marketplace, join in discussions and get a lot of useful information about the NFT marketplace. The group was created in 2017 and managed to gather more than 160 thousand voyagers.

r/WallStreetBetsCrypto

The r/WallStreetBetsCrypto is a light and humorous Reddit group where you can find the discussions and recommendations of the best cryptocurrencies to invest in. Founded in 2018, the platform has almost 50 thousand members who discuss the trending speculative assets, low market cap assets that often involve highly risky investments but promise to give back abundant rewards. Along with the humorous posts and memes, you will also find thorough analyses of different cryptocurrencies and investment recommendations. 

Readers may also be interested in our list of the best crypto Discord groups – another community focused way to network with crypto investors and traders.

/r/CryptoGambling

The Crypto Gambling subreddit is home to Reddit users who are passionate about gambling with cryptocurrencies. People here chat about everything from the latest crypto casinos and their personal betting strategies to reviews of different platforms and their own gambling experiences. It’s a go-to place for tips, advice, and keeping up with the latest news in the crypto gambling scene. Whether you’re new to the game or a seasoned player, you’ll find plenty of valuable insights and friendly discussions.

Where to Buy and Trade Crypto Coins?

If you want to buy cryptocurrency assets, the easiest and quickest way is to do so is on crypto exchanges or brokerage platforms. The best thing about crypto trading platforms is that they enable you to open an account quickly and with a few simple clicks. But when you look for a cryptocurrency exchange to start trading, you will come across hundreds of options. 

Not all exchange platforms offer you safe and cost-effective trading, hence you need to do your research to find out which broker is the best platform to buy cryptocurrencies online. With all this being said, we consider eToro the best broker to buy crypto assets. Multiple features help eToro to stand out among several brokers. Here is a quick review of the broker. 

As a leading cryptocurrency broker, eToro stands out with super security and safety. The broker is regulated by top financial institutions, including SEC in the US, FCA in the UK, CySEC in Cyprus, and ASIC in Australia. Apart from the regulations, eToro leverages such security mechanisms as 2FA, SMS verification, and others to protect your account from fraudulent cases and unauthorized login attempts. 

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eToro is an Israel-based broker founded in 2007. It started as a stock and forex broker and has already become a reputable platform through its services. Along with the popularity of cryptocurrencies, eToro started also listing crypto assets. Now it supports more than 75 cryptocurrencies, including such popular coins as Bitcoin, Ethereum, Dogecoin, and Cardano. The platform frequently adds new cryptocurrencies once they claim to have a large demand. 

One of the main reasons to select eToro is its extremely cost-effective pricing structure. The broker charges two kinds of fees – transaction fees and spreads. Transaction fees are quite low and the broker takes a 1% transaction fee every time you buy and sell assets. Additionally, eToro takes competitive buy and sell spreads. 

Non-trading fees charged by eToro include a withdrawal fee of $5 which is the same irrespective of the payment method you use. There is also a small conversion fee for non-USD contracts charged from the deposit transactions. The broker does not charge any other account management fees or fees for using its social trading platform, etc. However, if you do not show any login activity in your profile during a year, eToro will start charging an inactivity fee of $10 per month. 

As for the social trading platform, it is a great tool, especially for beginners. On eToro’s social trading platform you can have your personal account, get in touch with other people registered on the platform, participate in discussions about trading and use a bunch of social trading tools. Among the most popular tools are CopyTrader and CopyPortfolios which allow you to mirror the trades of professionals with a click of one button. 

Another fascinating tool for beginners is eToro’s Demo account through which you can practice trading without spending real money. eToro gives you virtual money to trade on its demo platform which you can use to check out your trading skills, experiment with different strategies, and get ready for real trading. Once you feel you are ready to get to real trading, you can switch your demo account to the real account. 

eToro crypto

Additionally, eToro provides a digital cryptocurrency wallet, Money which you can use if you want to store your crypto assets on a software wallet. The wallet also supports an in-built platform where you can between hundreds of cryptocurrencies. However, if you transfer your cryptos to your Money wallet account you can’t return them to your eToro exchange account. 

As a beginner-friendly platform, eToro offers a simple user interface and provides several graphs and charts for each cryptocurrency you search. You can use these tools to do market analyses before you buy the asset. To start trading cryptocurrencies on eToro you must have a minimum deposit of $10 on your account which you can deposit through credit or debit cards, e-wallets, and wire transfers. The minimum trade is also $10. 

Also see our full eToro review.

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Conclusion

In short, Reddit is one of the best places to find information about cryptocurrency trading and investments. It has a lot of groups dedicated to crypto trading discussions and investment advice. In this guide, we have introduced some of the most popular Reddit groups where you can find a lot of valuable information about such topics as Bitcoin trading, cryptocurrencies, and DeFi. The Reddit groups will help you incredibly in finding trending cryptocurrencies and hinting at the best buy and send signals. 

In this guide we reviewed the best cryptocurrency projects to invest in on Reddit. These crypto assets are among the most widely traded coins in the market and are highly recommended on Reddit discussion groups. According to our research, the best Reddit crypto to buy is Dogeverse.

In this guide, we also reviewed one of the best platforms to buy cryptocurrencies in 2024. eToro is a secure crypto broker where you can enjoy low-cost trading and an incredible user experience. You can sign up for an account with eToro through a few simple steps and start investing in cryptocurrencies for as low as $20.

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FAQs

Is Reddit a good place to find crypto recommendations?

Reddit is an excellent place to find cryptocurrency investment recommendations as it has a lot of groups with millions of members including traders of all levels. If you join subreddit like r/Bitcoin or r/Cryptocurrency you will find valuable content about investing and be able to participate in discussions.

What is the best crypto to buy on Reddit right now?

According to our research, the best cryptocurrency to buy on Reddit is Pepe Unchained, since it is a revolutionary Pepe alternative with staking.

Should I buy cryptos that are recommended on Reddit?

Reddit crypto communities enable you to participate in discussions about the trending cryptocurrencies. Crypto experts also provide analysis or trading ideas about different crypto assets which can be quite helpful while trading. Still, you need to do your own research and explore the cryptocurrency project in detail before putting money into it.

How do I know what Reddit groups are legit?

To find the most trustworthy crypto groups on Reddit we have searched the platform and recommended you the ones with really reliable recommendations and investment advice. These groups have a huge number of members and provide active discussions and tips about trading. However, you do not need to rely on their trading recommendations and can combine them with your own research.