Despite its ebbs and flows in value, Bitcoin has proven to be an incredible investment for those that got in early. But it’s expensive. So that has a lot of investors looking for cheap crypto to buy. The reason is simple…

Since its initial coin offering (ICO), Bitcoin has seen one of the largest returns on investment of any of the legit cryptocurrencies out there. But compared to some altcoins, it’s lagged in returns of late. Ethereum, for instance, has outpaced it by a fair margin. And Solana has left it in the dust since we began looking at it just last year.

someone picking out which cheap crypto to buy on a smartphone

Bitcoin acts as a sort of ceiling to much of the crypto market. Afterall, it’s the granddaddy of all cryptos. And even despite taking a recent dip in value, it’s proven to be a respectable investment. But there’s a lot more room for growth in many of the cheaper cryptos out there.

That being said, just because they’re cheap, doesn’t mean they’re going to go up in value. There are also plenty of scams out there. As we saw with the now notorious Squid Game crypto, what goes up can all too quickly come back down and vanish.

That’s why it’s so important to look at the use case of a given coin. But even if the whitepaper looks good and there is something interesting going on beyond the token’s value, virtually no crypto is a sure bet. And there are some tricks to trying to avoid a crypto scam. But it’s vital to never invest more than you’re willing to lose in a given crypto. No investor should ever lose their life savings on an investment. And the most surefire way to do that is to not bet your life savings on a single investment. So keep that in mind when considering this list of cheap crypto to buy.

Cheap Crypto to Buy Today

Cardano (ADA)

With a market cap around $14 billion, Cardano isn’t exactly a small fry in the crypto community. But this cheap crypto to buy is currently trading for around $0.40 a coin. So it’s certainly on the low-cost side of things. But it’s also proven its ability to stand the test of time. It was launched in 2017. And it’s often billed as a third-generation blockchain.

Developers designed Cardano to compete directly with the likes of Bitcoin and Ethereum. And it’s quite good at it. It’s proven to be more scalable and efficient compared to the previous generations. While not quite a household name yet, Cardano has a proven use case. And it’s also among the only peer-reviewed blockchain platforms in the industry, making it one of the best cheap cryptos to buy today.

Basic Attention Token (BAT)

This is a noticeably smaller crypto in terms of market cap than Cardano. It’s also slightly cheaper. Cardano launched in 2017. And this cheap crypto to buy is built around the privacy-focused web browser, Brave. To be fair, BAT has its work cut out for itself. It’s competing against the likes of Google Chrome, Firefox and the like. But that doesn’t mean it won’t make some headway.

Brave blocks ads and tracking by default (we like that a lot). But users who agree to see ads can join a program that pays them in BAT in exchange for viewing them. And digital marketers also use BAT to pay for ads on the Brave browser. They’ve built up a fairly self-reliant ecosphere. But this is still more of a speculative crypto. Its use case is solid. But it’s going up against some Silicon Valley titans. However, if adoption grows, this could be one of the best cheap cryptos to buy now.

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The Bottom Line on the Best Cheap Crypto to Buy

There are tons of opportunities out there in the crypto markets. And thanks to the ability to buy tiny fractions of just about any cryptocurrency, you don’t need thousands of dollars to get started. Heck, you can even open a position in Bitcoin or Ethereum with just a couple of bucks. But these cheap cryptos to buy offer something that those two don’t: a lot more upside potential.

If Bitcoin were to rocket all the way to $100,000 per coin, investors would be celebrating a roughly 400% return. While that’s a solid gain, it’s small potatoes compared to what these tokens are capable of.