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Top 10 Cryptocurrencies to Invest in the Philippines in 2021

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Written by: Aiya Rodjel

Since 2017, the cryptocurrency Philippines has been slowly embracing cryptocurrency. That is why recently, there’s a list of the top 10 cryptocurrency that flourishes in the Philippines.

According to Fintech Magazine, the country is one of the world’s fastest adopters of cryptocurrency. The ongoing pandemic has fuelled Filipinos’ uptake as they view it as an investment and income-generating currency.

More and more Filipinos have been into this online buy and sell setup, researching cryptocurrency prices and market cap.

Before you get into the cryptocurrency train, what is cryptocurrency anyway? This article will delve into the basics of digital currencies. It will also discuss the top cryptocurrencies that have taken the world by storm. 

What is cryptocurrency exactly? 

Basically, cryptocurrency is a digital or virtual currency, secured through cryptography. This makes it nearly impossible to counterfeit or double spend, which is why people view it as a reliable investment. 

Cryptocurrency’s use is to buy goods or services, and a lot of companies have issued their own cryptocurrency, often called tokens. These can be for trading for the goods or services the company provides. They’re kind of like casino chips or arcade tokens. This means you need to exchange real currency for the cryptocurrency to have value.

Cryptocurrency works on a technology called a blockchain. Blockchain has a decentralized technology spread across many computers that essentially manage and record these transactions. Part of why the cryptocurrency is so popular nowadays is the security factor. Plus, in a world where cashless transactions are safely happening, cryptocurrency makes people transact in a secure and indisputable manner. 

Invest in Fast Fiber Internet like Streamtech Before you dive into the world of cryptocurrency, you need to invest in the basics. You need to have a computer or a smartphone to connect to the internet. Above all else, you need to invest in fast and reliable fiber internet. Unlimited fiber internet is a must-have for anyone looking to delve into the dynamic and exciting world of cryptocurrency.  Contrary to what some people might think, you don’t have to break the bank to enjoy speedy internet access. One of the newest internet service providers in the country, Streamtech Fiber Internet lets you exceed your limits through the power of fiber internet.   Our Services at Streamtech We offer dedicated internet access, leased line, and WiFi services to subscribers in franchise areas powered by our own fiber-optic backbone link. This helps us offer you the best service possible. What’s great about Streamtech is that you can get cable TV services alongside fast internet through our partnership with Planet Cable.  To add to this, Streamtech empowers households with packages to maximize their home connectivity. For the entire household to enjoy the excellent quality Streamtech has to offer, Streamtech has the Extendifi WiFi Extender. For aspiring vloggers, Streamtech offers the Vlogging kit, which has the tools you need to create high-quality compelling content. Addedly, for gamers, Streamtech has the Gaming kit, which takes your home gaming station to the next level.  For students, Streamtech has the DigiClass kit, which helps learners maximize their online learning experience.  Contact our team today so we can elevate your internet experience. You may also visit our official Facebook page for more details.

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Beyond Bitcoin Cash (BTC)

A lot of people associate cryptocurrency with bitcoin, and with good reason. Bitcoin is the most popular form of cryptocurrency. However, not all stores accept Bitcoin as payment yet. There are even some countries that ban it..

Contrary to what its name might suggest, there is no physical ‘bitcoin.’ There are only balances kept on a public ledger that everyone has transparent access to. This makes it possible for people to stop people from spending coins they do not own, making copies, or undo-ing transactions. Bitcoin transactions happen without a middleman, meaning no banks are involved in bitcoin exchanges. 

The value of Bitcoin has skyrocketed. It’s value was at $500 in 2016, and in June 2021, one Bitcoin’s value was at $32,000. That’s why a lot of people view Bitcoin as an investment. Storage of Bitcoins are in digital wallets. And unlike bank accounts, these have no insurance. Hence, while Bitcoin might be booming, there’s still some risk in investing in Bitcoin. 

While Bitcoin may be the biggest name in the cryptocurrency game, there are other cryptocurrencies that have risen in popularity. In fact, there are nearly 6,000 forms of cryptocurrency around. If you’re someone looking to get into the world of cryptocurrency, you can never go wrong with investing in the top one. Here are some of the biggest cryptocurrencies you should also consider:

Ethereum

Ethereum - top 10 cryptocurrency - streamtech fiber internet
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Ethereum is a blockchain platform with its own cryptocurrency. Its name is Ether and a programming language called Solidity. Fundamentally, it’s an open software platform that allows users to build a range of decentralized applications.

Like Bitcoin, it works via a public blockchain network. What makes Ethereum unique is that its blockchain focuses on running the programming code of any decentralized application. These applications can include security programs, voting systems, and methods of payment. Plus, Ethereum’s goal is to be a platform for all kinds of applications that can store information safely.

Program developers prefer Ethereum because of its potential applications. These include the so-called smart contracts that automatically execute when one met the conditions, and non-fungible tokens (NFTs). Plus, has a tremendous growth as well. From $11 in 2016, Ethereum has risen to over $2,500. 

Tether

Another popular form of cryptocurrency is Tether. Tether is a stable coin, a type of cryptocurrency which aims to keep cryptocurrency valuations stable. These are digital currencies tied to real-world assets in order to maintain a stable value. Tether tokens, the native tokens of the Tether network, trade under the USDT symbol.

It was designed to be pegged to the dollar, and its value is usually equivalent to $1. Tether has a specific design to build the necessary bridge between fiat currencies and cryptocurrencies. To add to this, it offers stability, transparency, and minimal transaction charges to users. This is why people who are wary of cryptocurrency’s volatility tend to favor investing in Tether. 

Binance Coin

binance - top 10 cryptocurrency - streamtech fiber internet
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Binance Coin (BNB) is a cryptocurrency that can be for trading and payment of fees on the Binance cryptocurrency exchange. It originally ran on the Ethereum blockchain with ERC 20 standard but has since become the native coin of the Binance chain.

Users of Binance Coin receive a discount in transaction fees on the Binance Exchange as an incentive. However, Binance Coin has several uses that go beyond the Binance exchange. The uses of Binance Coin can be for trading, credit card payments, payment processing, and even loan transfers. In 2017, Binance Coin’s value was at $0.10. On the other hand, in June 2021, it increased to $350 in value. 

Cardano 

Cardano is one of the fastest-growing blockchain assets in the entire cryptocurrency industry. In a nutshell, Cardano is a blockchain platform centered around Ouroboros. Ouroboros is a pioneering proof-of-stake protocol that immediately distinguished Cardano from previously invented cryptocurrencies that instead relied on proof-of-work protocols.

Similar to other cryptocurrencies, Cardano can be used to store value or send and receive funds. The Cardano blockchain can be used to build smart contracts, and in turn, create decentralized applications and protocols. What makes it unique is that instead of attempting to thwart global regulators, Cardano is building a blockchain with the regulation in mind, to provide financial services to all. Cardano has enjoyed modest growth throughout the years. In 2017, the value of its currency, ADA, was $0.02. As of June 2021, its price was $1.50.

Dogecoin

Dogecoin is a cryptocurrency that runs on blockchain technology, similar to Bitcoin and Ethereum. What makes it unique is that it started out as a joke. Dogecoin was originally created at least in part as a lighthearted joke for crypto enthusiasts and took its name from a once-popular meme. However, its value exploded in 2021. It even trended worldwide on Twitter thanks to billionaire Elon Musk. 

The purpose of Dogecoin was to be a faster and ‘fun’ alternative to the ever-popular Bitcoin. In addition, while bitcoin has a capped supply of 21 million coins, there is currently no limit to the number of dogecoins that can be created. Dogecoin’s price in 2017 was $0.0002. By June 2021, its price was at $0.32—a 159,900% increase.

XRP

XRP is a cryptocurrency that runs on the XRP Ledger, a blockchain engineered by Jed McCaleb, Arthur Britto, and David Schwartz. McCaleb and Britto would go on to found Ripple and use XRP to facilitate transactions on the network. You can buy XRP as a coin to exchange for other cryptocurrencies, as a way to finance transactions on the Ripple network, or as an investment.

Basically, XRP was created to serve as an intermediate mechanism of exchange between two currencies or networks—as a sort of temporary settlement layer denomination. At the start of 2017, the price of XRP was $0.006. As of June 2021, its price reached $0.92, equal to a rise of 15,233%.

USD Coin 

Like Tether, USD Coin is a form of stable coin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. USDC is powered by Ethereum, and you can use USD Coin to complete global transactions. Basically, USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. Plus, you can exchange USD Coins to American dollars anytime. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.

The appeal of USD Coin is that it allows moving American dollars anywhere around the globe within minutes, and brings much-needed stability to cryptocurrencies. Also, it opens up new opportunities for trading, lending, risk-hedging, and more. 

Polkadot

Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to operate seamlessly together at scale. One of the newest players in the cryptocurrency game, Polkadot connects several chains together in a single network, allowing them to process transactions in parallel and exchange data between chains with security guarantees.

Polkadot was founded by the Web3 Foundation in Switzerland and is an open-sourced, decentralized web created by ex-Ethereum CTO Gavin Wood, Robert Habermeier, and Peter Czaban. Polkadot has been around for less than a year but has steadily risen in popularity. Between September 2020 and June 2021, its price grew 615%, from $2.93 to $20.95. If this trend is to continue, it looks like Polkadot will continue to rise in the ranks of cryptocurrency popularity. 

Uniswap 

Last but not the least, there’s Uniswap. Uniswap is a leading decentralized cryptocurrency exchange that runs on the Ethereum blockchain. It is a completely different type of exchange that‘s fully decentralized – meaning it isn’t owned and operated by a single entity – and uses a relatively new type of trading model called an automated liquidity protocol

Uniswap is also completely open-source, which means anyone can copy the code to create their own decentralized exchanges. It even allows users to list tokens on the exchange for free. This means there is no central facilitator, like a bank or broker-dealer in Uniswap. Launched in 2020, Uniswap’s price started at $0.48. By June 2021, its price was $24.60, a gain of 5,025%. This steady increase indicates that investment in Uniswap will look to be a lucrative endeavor. 

Getting into digital currencies or cryptocurrency exchange 

Once you’ve conducted your research, the question is how can you invest in cryptocurrency? To buy the currency of your choice, you need a ‘wallet.’ This is basically an app that can hold your currency. From there, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies.

While cryptocurrencies may be rising in popularity, it should be noted that like in all types of investment, there are risks. That’s why you should approach investing in cryptocurrency with caution. To add to this, the value of cryptocurrencies fluctuates regularly. The immense growth a certain digital currency may be enjoying right now might not be the case in a few months. Basically, anything can happen. Hence, people don’t recommend you invest all your hard-earned money in volatile cryptocurrencies. But what’s life without a little risk though, right?

Get Streamtech Fiber Internet to trade in the top 10 best cryptocurrency

Invest in Fast Fiber Internet like Streamtech

Before you dive into the world of cryptocurrency, you need to invest in the basics. You need to have a computer or a smartphone to connect to the internet. Above all else, you need to invest in fast and reliable fiber internet. Unlimited fiber internet is a must-have for anyone looking to delve into the dynamic and exciting world of cryptocurrency.

Contrary to what some people might think, you don’t have to break the bank to enjoy speedy internet access. One of the newest internet service providers in the country, Streamtech Fiber Internet lets you exceed your limits through the power of fiber internet. 

Our Services at Streamtech

We offer dedicated internet access, leased line, and WiFi services to subscribers in franchise areas powered by our own fiber-optic backbone link. Indeed, this helps us offer you the best service possible. And what’s great about Streamtech is that you can get cable TV services alongside fast internet through our partnership with Planet Cable.

Additionally, Streamtech empowers households with packages to maximize their home connectivity. For the entire household to enjoy the excellent quality Streamtech has to offer, Streamtech also has the Extendifi WiFi Extender. For aspiring vloggers, Streamtech offers the Vlogging kit, which has the tools you need to create high-quality compelling content. Similarly, for gamers, Streamtech has the Gaming kit, which takes your home gaming station to the next level.

For students, Streamtech has the DigiClass kit, which helps learners maximize their online learning experience.

Contact our team today so we can elevate your internet experience. You may also visit our official Facebook page for more details.

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See These Money-Earning Online Games in the Philippines

Fiber internet is the future of technology that is slowly but steadily taking over the world. It’s a powerful instrument that not only keeps us up to date on what’s going around the globe but also keeps us on top of our game, whether in business or in personal transactions. Its significance is highlighted much more in this pandemic.

Furthermore, the internet is a money-making machine. If you have the right skills, you can earn money online while doing what you love. It’s a little-known fact that doing things out of passion requires little to no effort on our part, which gives you an excellent work-life balance.  Working from home is thus establishing a thriving work environment, which experts predict will last long after the pandemic.

There are a lot of ways of earning money online besides virtual freelancing.  One way is by playing money-earning games. Everybody plays games one way or another, online or offline because they keep boredom at bay when life gets busy. Mobile games are convenient; you can play them while waiting for somebody or the next bus or train. They’re perfect company when you’re traveling solo. Besides, anyone can play. However, minors must be under adults’ supervision.

IS ONLINE GAMING A GOOD SOURCE OF INCOME?

Gaming is certainly a fun and fantastic way to earn money because it requires no skills or experience. There is also no penalty for not being good at the game.

Many people may still be unaware of the sites that allow you to earn money while playing. Some may think it’s a joke or a hoax. That isn’t unexpected, given the prevalence of scammers. However, there are reputable apps that pay you to play.  To get you started, let’s familiarize yourself with the various online income options.

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DIFFERENT PAYING PROGRAMS

Aside from gaming, there are numerous platforms and different activities that pay real and instant money, such as:

  • Quizzes, trivia games, and surveys
  • Referral or affiliate programs
  • Money transfer
  • Game downloads
  • Online games

 These money-making apps can work on both desktop and mobile devices – iPhone and android alike. And you can earn money as long as your phone is on and you are active enough.

EARN MONEY FROM GAME APPS OR ONLINE APPS

Subscribe to Streamtech Fiber Internet and earn money online

You read it right. You can play to earn. But aside from playing games, you can earn money simply by downloading games. Some game developers reward you with gift cards or cash for every referral or from your friends’ winnings to answer quick surveys or simply check in.

Of course, the most exciting aspect is playing the online games themselves. You not only have pleasure and enjoyment, but you also earn real money.

Even in the Philippines, there are a plethora of money-making online games to choose from. The good news is that it doesn’t require an initial investment. You can start playing as soon as you sign up and earn money as soon as you play. It doesn’t matter if you prefer card games, board games, or anything else. It’s all a matter of personal preference. All of these, at the very least, are available on the Google Play Store. Choose the one that is most appropriate for you.

Moreover, you can download apps that earn cash rewards from Google Play Store for free. Players get cash rewards and coins in exchange for hours played, which you can exchange into PayPal,  iTunes money, and more, depending on your preference.

TOP ONLINE GAMES THAT CAN EARN REAL MONEY – PHILIPPINES

While all these games are available worldwide, the following money-making games are prevalent in our country:

Kinguin

Money is earned by trading and selling items with other players.

Cards and Cocktails

money is made from rounds of card match-ups played against other people worldwide.

Slingo Riches

Play games that earn money. It will come from playing a Slingo game, where players need to match letter combinations on the board.

Fantasy Forest

Money is earned from harvesting and selling forest goods on the marketplace.

The list of money-earning games is endless. You can even earn money from playing online casino games, which provide virtual gaming entertainment in slot machines and poker tables for players worldwide.

But a trendy one, not only in the Philippines but everywhere, is the MMORPG, short for Massively Multiplayer Online Role-Playing Games. They are a form of video game in which an avatar can gain money, materials, and rewards. These avatars come in a variety of shapes, sizes, and themes.

Examples of these virtual environment games are Dota, League of Legends, Mobile Strike, Game of War: Fire Age, and Clash Royale. These games can earn you real money, but they require a certain amount of time to reach the pay-out goal, usually 30 minutes to one hour of gameplay.

NFT GAMES ON THE RISE: APPS THAT PAY

The NFT Games are the latest phenomenon to sweep the country. It’s similar to an MMORPG, but they use blockchain technology or cryptocurrency to create unique tokens, similar to trading cards or other physical collectibles.

NFT is an abbreviation for non-fungible tokens. These virtual goods cannot be replicated and have fixed numbers in circulation, making them valuable because there are only a few.

There are several popular NFT games in the Philippines, although they are similar to those found abroad. Roblox, which has been around since 2006 and allows players to create their own worlds or play others’ and communicate with other people who are playing simultaneously, is one of the more well-known options. The game is free to play, but users can pay to buy in-game stuff.

axie infinity - money earning games - streamtech fiber
Photo by Khanes Athiratanakran on Flickr

AXIE INFINITY

Axie Infinity is an amazing example of an NFT game. It’s a mobile and desktop game developed by a Singapore-based start-up that can be played online and offline. On the other hand, online players must confront each other in multiplayer mode, and offline players must battle AI opponents one after the other until they reach Level 50, at which point their final form is unlocked.

It’s an ideal game for folks who enjoy collecting and battling digital creatures. Players explore dungeons in real-time using their devices. You can make money in the game by defeating opponents, mining, and creating stuff.  Aside from that, you can make your own Axie or use one of the many created by other gamers worldwide before confronting them online.

A Nueva Ecija community is making waves in the world of NFT Games. In a documentary by gaming company Yield Guild Games, a group of people displaced by the pandemic began a new lifestyle in their neighborhood while looking for an income-generating alternative. So, they discovered online gaming which literally saved their lives. The news quickly spread like wildfire. Even senior citizens play as well. Furthermore, they established Axie University, which provides scholarships or profit-sharing to attract individuals to join the game without paying any money upfront. Cabanatuan City can speak to the fact that earning a living from online games is possible. It is, indeed, the Philippines’ NFT capital.

IMPORTANT TAKEAWAYS

  1. These multiplayer online money-making games allow you to earn money by trading, performing well, and accomplishing objectives in-game. Players who excel at these money-making tasks will find that they have more resources than non-gamers.
  2. These games have a great income-generating potential since they attract players from all over the world who want to earn money while playing online multiplayer video games. If you decide to participate in this activity, keep in mind that the purpose is to raise your available number. A fierce mindset will give you an advantage over other gamers who are only playing for enjoyment or who aren’t as proficient at money-making activities.
  3. Another important factor is to play online games that have the most profit potential. To do so, you must first determine which online games will reward your abilities and provide you with a competitive advantage over other players.
  4. The earning potential of online gaming and other income-generating online activities is determined by how much time, effort, and money you are willing to dedicate.
  5. You can alsogenerate passive revenue from online gaming by doing any of the following
  • Blogging
  • Sell Accounts and Special Game Characters
  • Game Testing
  • Online Game Tournaments
  • Conducting Video Game Evaluations
  • Developing and Marketing Gaming Assets
  • Patreon donations
  • Live Streaming

TIP: Facebook and Youtube are lucrative ways to monetize your gaming abilities.

OTHER NFT GAMES YOU MIGHT ENJOY

While Axie Infinity is increasingly becoming popular, here are other enjoyable NFTs:

  • CryptoKitties enables users to buy, collect, breed, and sell virtual cats. It is one of the first attempts to use blockchain technology for pleasure and leisure purposes.
  • CryptoCelebrities uses the same blockchain technology as Ethereum. Like each individual coin, each personality is linked to one and only one Smart Contract Token on the game’s blockchain. Famous crypto celebrities are Angelina Jolie, Vladimir Putin, Leonardo di Caprio, and more.
  • NFT Pokemon aspires to be the most professional NFT decentralized trading market in the world. Its ground-breaking POKEChain technology safeguards your valuables and makes everything transparent.
  • Dota Underlord is a spin-off of the well-known community-created game mode Dota Auto Chess, released in January 2019. It’s the counterpart of Hearthstone.

IS ONLINE GAMING SAFE?

An excellent way to determine whether or not mobile money-earning games are safe is by looking for trusted reviews on the app store and asking some of your friends who also play.

ONLINE GAMING REQUIREMENTS

To begin earning money through online gaming, you’ll need three essential things:

  • a computer or smartphone
  • a reliable and lightning-fast internet connection
  • the game itself.

 You may require a consistent and unlimited internet connection; the more solid and speedy your Wi-Fi, the better. If your internet connection is sporadic or insufficient, it will be difficult to gain money since other players may overtake you and take all of your things, which they will then sell on the marketplace.

Even the most complex online games require an internet connection. If you find yourself in an area with insufficient coverage, it’s time to go offline. However, some players have stated that such areas can be distressing because they don’t know when someone would come and steal their money when playing on an unsecured device – but on the other side, you can still earn money offline.

Finally, having two or more displays will give you a better view and extra space for both the game and your work.

PLAY GAMES ONLINE WITH STREAMTECH

Play money earning games with Streamtech Fiber Internet

Streamtech is a fiber internet service provider that offers high-speed internet access for gaming and other activities. The company aspires to be the best option for gamers looking to make money from online games. Their download speed is lightning fast, which can provide an exhilarating experience.

Streamtech has reasonable plans for enjoyable gameplay. And two products that can improve your gaming performance are:

ZPacks Gaming Kit

It is an add-on product that comes with Streamtech’s low-cost home internet plans. Qualified subscribers can be both current and new households, with FIBER INTERNET and FIBER INTERNET WITH CABLE TV BUNDLE plans. It comes with a phone (Huawei Nova 5T) as well as Gamepad Controller Wireless Earbuds.

Extendifi

Extendifi for faster internet - money earning games

It is a wifi extender or wifi mesh meant to boost internet connectivity to every corner of the house by extending the wifi signal’s reach. Thus, you will be able to enjoy your fast fiber internet connection from everywhere in your home. That means you’ll have a consistent source of money.

Additionally, Streamtech provides excellent customer service. Their customer service team is available 24 hours a day, seven days a week, and offers free technical help to their customers. Plus, you can connect to their team anytime, anywhere with SAM, their Viber SuperBot.

Switch to Streamtech now and start saving money right away. You’ll learn how much better fiber internet is than your existing services, as well as how much money you’ll save by moving from your current provider. You don’t want to overspend on your internet service, especially if you have other responsibilities.

Furthermore, Streamtech Fiber internet offers faster downloads and uploads and a more instantaneous overall experience. Check with Streamtech to get the best fiber solutions for your requirements today.

Visit their social media account to learn more about their products and services.