Buying Bitcoin? See Our Cryptocurrency Reviews & White Papers

This is your guide to buying Bitcoin and buying cryptocurrencies. We have reviews of cryptocurrency projects, cryptocurrency white papers, reviews of cryptocurrency exchanges, and our very own cryptocurrency investment guide – Buying Bitcoin and Beyond.

All our content is free and always will be.

In the table below are reviews of dozens of the most popular cryptocurrency projects (and we are adding more frequently). Each review provides with a quick, broad understand of the cryptocurrency, including exchanges to buy it, our perspective, and the project’s white paper.

Here’s our other top resources for you.

Buying Bitcoin and Beyond: Our Cryptocurrency Investment Guide

Our Cryptocurrency Rankings: Which Cryptocurrency is Best?

Our Review of the Best Cryptocurrency Exchanges

Our Favorite Cryptocurrency Products and Books Guide

Buying Bitcoin and Buying Cryptocurrencies

Buying Bitcoin or buying cryptocurrencies can be a life-changing decision. Thank you for coming to us to learn more. Enjoy our resources and when you find our site useful, share us with your family and friends. Let’s spread cryptocurrencies to the world!


Cryptocurrency Reviews and White Papers

07/2018 RankCryptocurrencyTicker
1 BitcoinBTC
2 EthereumETH
3 RippleXRP
4 Bitcoin CashBCH
5 EOSEOS
6 LitecoinLTC
7 StellarXLM
8 CardanoADA
9 IOTAMIOTA
10 TetherUSDT
11 TRONTRON
12 MoneroXMR
13 NEONEO
14 DASHDASH
15 Binance CoinBNB
16 Ethereum ClassicETC
17 NEMXEM
18 VeChainVEN
19 OntologyONT
20 OmiseGOOMG
21 QtumQTUM
22 ZcashZEC
23 ICONICX
24 LiskLSK
25 BytecoinBCN
26 ZilliqaZIL
27 DecredDCR
28 AeternityAE
29 Bitcoin GoldBTG
30 0xZRX
31 AugurREP
32 SiacoinSC
33 SteemSTEEM
34 BytomBTM
35 BitsharesBTS
36 VergeXVG
37 NanoNANO
38Maker White Paper MakerMKR
39Golem White Paper GolemGNT
40 DogecoinDOGE
41RChain White Paper RChainRHOC
42Bitcoin Diamond White Paper PDF Bitcoin DiamondBCD
43 WavesWAVES
44Populous White Paper PopulousPPT
45 DigiByteDGB
46 WanchainWAN
47Stratis White Paper StratisSTRAT
48Mixin White Paper MixinXIN
49 BATBAT
50Status White Paper StatusSNT
51 Bitcoin PrivateBTCP
52Nebulas White Paper NebulasNAS
53 HshareHSR
54IOST White Paper IOSTIOST
55Waltonchain White Paper WaltonchainWTC
56Loopring White Paper LoopringLRC
57Huobi Token White Paper Huobi TokenHT
58 DigixDaoDGD
59 Kucoin SharesKCS
60 KomodoKMD
61 AionAION
62GXChain White Paper GXChainGXS
63aelfELF
64 MithrilMITH
65MaidSafeCoinMAID
66BancorBNT
67 ArdorARDR
68ReddCoinRDD
69ArkARK
70CryptonexCNX
71Kyber NetworkKNC
72EthosETHOS
73MonaCoinMONA
74MOACMOAC
75FunFairFUN
76CentralityCENNZ
77DentacoinDCN
78EmercoinEMC
79PIVXPIVX
80Power LedgerPOWR
81EnigmaENG
82MonacoMCO
83DropilDROP
84CortexCTXC
85CyberMilesCMT
86KinKIN
87Theta TokenTHETA
88ElastosELA
89Loom NetworkLOOM
90WAXWAX
91GasGAS
92Bibox TokenBIX
93VeritaseumVERI
94WaykiChainWICC
95NxtNXT
96TenXPAY
97SyscoinSYS
98PolymathPOLY
99FusionFSN
100DecentralandMANA
109 FactomFCT
112 ElectroneumETN
129 RevainR
132 DragonchainDRGN
147 HolochainHOT
182 OdysseyOCN
216 AdExADX
276 AirSwapAST
313 PhorePHR
338 XtrabytesXBY
495 DiviDIVX

Crypto Rankings

~ This is not financial advice. We are merely sharing our personal opinions based on our own research. You should do your own research as well to reach your own conclusions. ~

We are in the process of reviewing and ranking the top 100 projects in crypto. Check back often for updates!


5-Star Crypto Projects

5 Stars.png

There are currently only 5 crypto projects that receive our 5-star rating – Bitcoin, Ethereum, Cardano, Ethereum Classic, and ICON.  These ratings are based on technology, adoption, and our overall investment philosophy.


BTC – Bitcoin

Review of Bitcoin

We couldn’t be more excited about Bitcoin and its future. Bitcoin is the original cryptocurrency, the longest-lasting, the largest market cap, and has withstood the most attacks, so it has proven its resiliency. Bitcoin is also the only way to purchase many altcoins. The best time to buy Bitcoin was anytime before late 2017; the second best time is now. Click To Tweet

The best time to buy Bitcoin was anytime before late 2017; the second best time is now.

How to Buy Bitcoin on Coinbase


ETH – Ethereum

Review of Ethereum

Ethereum is one of the most exciting projects in crypto. It is a platform, which means other projects such as smart contracts and decentralized apps can built on it. In fact, dozens of the top 100 crypto projects have been built on the Ethereum platform. Ethereum has a lot of competitors, and although some of them are arguably as good as or possibly even more advanced on technology, no other platform comes close to the number of developers and projects that Ethereum has attracted.

We at White Paper Pagoda are very bullish on the platform sector in general and Ethereum is the current market leader.

Other platforms may be faster or more scalable, but as of yet, no other platform can touch the size of the Ethereum network nor the number of projects building on it. $ETH Click To Tweet

Other platforms may be faster or more scalable, but as of yet, no other platform can touch the size of the Ethereum network nor the number of projects building on it.

button_buy-ethereum-on-coinbase-now


ADA – Cardano

Review of Cardano

Cardano is one the projects we are most excited about. It’s an Ethereum competitor, a platform capable of hosting smart contracts and decentralized apps.

It’s claim to fame is the fact that the science behind their blockchain has been peer-reviewed. Cardano is taking the extra time and effort to make sure that everything it does is verifiable, accurate, and science-based. This may give it a huge advantage when institutional money arrives in crytpo en masse.Institutional investors will likely favor projects like Cardano whose peer-review process will make them safer bets. $ADA Click To TweetInstitutional investors will likely favor projects like Cardano whose peer-review process will make them safer bets.

Cardano is called a third generation blockchain because it’s technically more advanced than Bitcoin (first generation) and Ethereum (second generation). Cardano makes use of proof of stake rather than proof of work, and has two layers, one that works as a currency and another as the platform for smart contracts and decentralized apps.

In short, this is a project to watch with huge potential and it is one of the few that earns a 5-star rating from us at White Paper Pagoda.

How to Buy Cardano on Binance


ETC – Ethereum Classic

Review of Ethereum Classic.png


ICX – ICON

Review of ICON


4-Star Crypto Projects

4 Stars


XRP – Ripple

Review of Ripple

Ripple aims to be the currency that banks use for international settlements. This is a huge market, so if Ripple were to succeed, it would be worth far more than it is today.Ripple made a lot of people rich when it shot all the way up to #3 in market cap. If Ripple becomes the currency for global payments, its biggest gains are still ahead. $XRP Click To TweetRipple made a lot of people rich when it shot all the way up to #3 in market cap. If Ripple becomes the currency for global payments, its biggest gains are still ahead. The technology is great and adoption is strong, with several major banks trying out the technology.

Why then does it not receive a 5-star rating for us? If we look at technology and adoption alone, then it absolutely would. Two concerns exist though. First, banks may use the tech behind Ripple but not use the Ripple currency. Second, Ripple controls a majority of the tokens, so this project is not nearly as decentralized as we prefer to see. But otherwise, this a great project and we are very interested to see how it unfolds.


EOS – EOS

Review of EOS

EOS is a controversial project, so let’s cut right to the chase. First the good points. The tech behind it is impressive. It’s much faster than Ethereum and can scale well for future growth. It’s a 3rd generation blockchain that has attracted a ton of investment and attention. And by ton, we mean it’s raised billions of dollars already.

The speed and scalability that EOS is working on sets it up well to be a platform for decentralized apps and smart contracts. Becoming the top project for those is pretty much the holy grail in crypto right now.

The team also impresses people. Dan Larimer successfully launched Steem and BitShares, two other successful crypto projects. Proven success in the past is a great predictor of future success.

You may then wonder, if the tech is great, tons of money has been raised, and the team has a proven track record of success, why isn’t this project rated 5 stars?

It’s a philosophy issue for us. We prefer projects that are decentralized and resistant to censorship. We see those points as part of the true genius of Satoshi Nakamoto’s original white paper. However, EOS recently banned 27 wallet addresses and ordered everyone to abide by that ban. While it was well-intentioned (those addressed seemed to be being used by scammers), we feel that demonstrates a risk for future users. If people can find their wallets frozen, this project is not so different from the traditional finance system. Our concerns over censorship prevent us from rating this as a 5-start project.EOS is fast, scalable, and has a fantastic team. It has tons of hype to live up to and several questions about centralization and censorship to handle, but this is a major project with huge aspirations for the future. $EOS Click To TweetEOS is fast, scalable, and has a fantastic team. It has tons of hype to live up to and several questions about centralization and censorship to handle, but this is a major project with huge aspirations for the future.


LTC – Litecoin

Review of Litecoin

Litecoin is like Bitcoin, only with some tech upgrades. Litecoin transactions are faster and cheaper than Bitcoin, and that’s by design. This makes Litecoin a great option for payments. Litecoin has been working hard to become accepted in more and more locations.Litecoin's vision is to be the coin you use for daily transactions while Bitcoin is the coin you hold your long-term wealth in. $LTC Click To TweetLitecoin’s vision is to be the coin you use for daily transactions while Bitcoin is the coin you hold your long-term wealth in.

You may ask then, why is Litecoin still in Bitcoin’s shadow? The biggest issue is network size. The larger the network, the more secure it is from outside attack. Bitcoin is still the stronger, safer, older brother to Litecoin, and that explains the gap in their price and market cap.


XLM – Stellar

Review of Stellar

Stellar is a competitor with Ripple for cross-border payments. Their goal is to make it faster and easier to send money internationally. This is a huge industry, so if they were to succeed, the currency could become very valuable in the future. The cool thing about Stellar is the fact that it is more decentralized than Ripple and it focuses on being the global payment choice of the people, rather than for the big banks.If you believe in decentralization and power to the people, then Stellar can be a great choice for cross-border payments. $XLM Click To TweetIf you believe in decentralization and power to the people, then Stellar can be a great choice for cross-border payments.


MIOTA – IOTA

Review of IOTA

IOTA is a currency that is aiming to be the go-to choice for micro-transactions. Soon, devices and machinery will communicate with themselves even more and empowering them to carry out micro-transactions will allow an entirely new level of efficiency and commerce.75 billion devices are projected to be connected to each other by 2025, so a transaction-less currency like IOTA could serve as a go-between, sharing data and value along the way. $MIOTA Click To Tweet75 billion devices are projected to be connected to each other by 2025, so a transaction-less currency like IOTA could serve as a go-between, sharing data and value along the way.


TRX – TRON

Review of TRON


BNB – Binance Coin

Review of Binance Coin.png

Binance Coin has come through the recent bear market stronger than most. Binance has made several smart moves. Using the coin saves you fees on the Binance exchange. You can trade dust (tiny fractions of coins) from other coins for Binance Coins as well. These moves have kept demand for Binance Coin and has pushed it into the top 20 projects in crypto. Of course, the fact that the Binance Exchange is one of the most popular exchanges in crypto hasn’t hurt either.If you trade on Binance, using Binance Coin slashes your trading fees by 50%. Here's one of the few crypto projects that actually has a major use case already. $BNB Click To TweetIf you trade on Binance, using Binance Coin slashes your trading fees by 50%. Here’s one of the few crypto projects that actually has a major use case already.

How to Buy Binance Coin on Binance


DOGE – Dogecoin

Review of Dogecoin

Dogecoin is the original meme currency. It carved out a unique use – tipping content creators online. The power of Dogecoin is its community. Perhaps no other project in crypto has generated such an enthusiastic, positive, and fun community as Dogecoin.If you want your decentralized, peer-to-peer internet money with healthy side of fun and community, then Dogecoin is the project for you. $DOGE Click To TweetIf you want your decentralized, peer-to-peer internet money with healthy side of fun and community, then Dogecoin is the project for you.

How to Buy Dogecoin on Cryptopia


3-Star Crypto Projects

3 Stars


BCH – Bitcoin Cash

Review of Bitcoin Cash

Bitcoin Cash was born out of a contentious debate within the Bitcoin community about the future of the Bitcoin Project. Bitcoin Cash focuses on the original vision of Satoshi Nakamoto laid out in the original Bitcoin white paper – creating a peer-to-peer electronic cash. It does this by having larger block sizes than Bitcoin, allowing more transactions to be carried out and reducing congestion of the network.What we like most about Bitcoin Cash is the enthusiasm of its supporters and its aim to fulfill Satoshi Nakamoto's original idea. $BCH Click To TweetWhat we like most about Bitcoin Cash is the enthusiasm of its supporters and its aim to fulfill Satoshi Nakamoto’s original idea.

In the future, larger blocks alone may not fully solve the issues of scalability.


USDT – Tether

Review of Tether


Return to List of Cryptocurrency Reviews and White Papers

Crypto Exchanges Guide

Welcome to the White Paper Pagoda Crypto Exchanges Guide. This table shows which coins are available on which exchanges. This can help you decide which exchanges you want to create accounts with. Below this table, we review Coinbase, Binance, Kucoin, and Cryptopia, highlighting the unique features of each exchange.

Where Can I Buy my Favorite Crypto Project?

Crypto ProjectKuCoinCryptopiaBinance
BitcoinBuy NowBuy NowBuy Now
EthereumBuy NowBuy NowBuy Now
RippleBuy Now
Bitcoin CashBuy NowBuy NowBuy Now
EOSBuy NowBuy NowBuy Now
LitecoinBuy NowBuy NowBuy Now
StellarBuy Now
CardanoBuy NowBuy Now
IOTABuy Now
TRONBuy NowBuy Now
Tether
NEOBuy NowBuy NowBuy Now
DashBuy NowBuy NowBuy Now
MoneroBuy NowBuy Now
Binance CoinBuy Now
NEMBuy NowBuy Now
VeChainBuy NowBuy Now
Ethereum ClassicBuy NowBuy NowBuy Now
QtumBuy NowBuy NowBuy Now
OmiseGOBuy NowBuy NowBuy Now
OntologyBuy NowBuy Now
ZcashBuy NowBuy Now
ICONBuy Now
BytecoinBuy NowBuy Now
LiskBuy NowBuy Now

A common question we get from friends – What is the best crypto exchange? We use 4 different exchanges and each has it’s own advantages. There isn’t really a “best” cryptocurrency exchange – the secret is to find the right one for you based on your goals and specific situation. Here’s our cryptocurrency exchanges guide to help you the best one(s) for you!

White Paper Pagoda’s Crypto Exchanges Guide


Coinbase Crypto Exchange Guide

Coinbase

Headquarters: USA

Founded: 2011

Coinbase is a juggernaut. It made over a billion dollars last year and serves over 13 million users.  It’s also often the first exchange that first time crypto investors choose. It’s simple to use, has a great reputation for security, and most importantly, allows you to directly convert your fiat into crypto. One key limitation though is the number of cryptos you can purchase there – at present only Bitcoin, Bitcoin Cash, Ethereum, and Litecoin are available. But if you are new to crypto and want to get started, this is probably the perfect place to begin (it’s where our crypto journey began).

Our favorite coins to buy on Coinbase: BTC, ETH


Binance Crypto Exchange Guide

Binance

Headquarters: China

Founded: 2017

Binance is a relatively new exchange, but it has become extremely popular. Unlike Coinbase, it has no mechanism for buying cryptos with fiat. However, it’s key advantage is the number of projects listed. It has 125+ coins available and continues to add more frequently. People generally buy Bitcoin from a site like Coinbase and then send their Bitcoin to Binance where they can then trade Bitcoin for these other cryptos. If you want to move beyond just holding the basics like Bitcoin, Ethereum, and Litecoin, then Binance is a great exchange to try.

Another cool feature that Binance has is its own native token, BNB. Trading fees on the site are reduced by 50% when you use this token for trades. It’s been very popular and has launched BNB into the top 25 coins in crypto.

Another cool feature of the exchange is the ability to take dust (little leftover amounts of various cryptos you may have after completed trades) and converting them into BNB. If you start to trade cryptos a lot, you’ll accumulate dust over time. It’s great to see Binance has a way of returning that value back to you.

Our favorite coins to buy on Binance: AION, ICX, WAN


KuCoin Crypto Exchange Guide

KuCoin

Headquarters: Singapore

Founded: 2017

KuCoin is another crypto exchange that launched in 2017 and has quickly gained popularity. Much like Binance, it does not allow direct purchases from fiat and requires you to send over Bitcoin that you purchased elsewhere such as at Coinbase. Also, KuCoin has its own token KCS that reduces trading fees on the site when you use it. However, KCS has another cool feature. When you hold KCS on the exchange, you receive dividends that are payed out in the form of small amounts of coins from each of the many cryptos listed on the exchange. We love this concept because those tiny payouts of various cryptos may become much more valuable down the road when some of those projects blossom.

Our favorite coin to buy on KuCoin: DRGN


Cryptopia Crypto Exchange Guide

Cryptopia

Headquarters: New Zealand

Founded: 2015

Cryptopia is a cool exchange with a bit more history than recently launched sites like Binance and KuCoin. Cryptopia is popular with gem hunters because it has a lot of small cap coins that are hard to find on other exchanges. I love digging through the listings and finding interesting small caps to research. If you love altcoins and want to find exotic coins you can’t get on Coinbase, Binance, or KuCoin, then an account on Cryptopia is a smart move.

Our favorite coins to buy on Cryptopia: XMR, KNC


Return to List of Crypto Info Sheets and White Papers

Cryptocurrency Book Review Product Review

Cryptocurrency Products & Books Review

Everyday a new cryptocurrency book, product or service is released.

A few are absolute gems which will help you

  • Save time
  • Choose the right coins
  • Identify the best times to buy and sell
  • Improve your ROI
  • Protect your coins
  • Outperform the market and your peers

Of course, to find those, you have to wade through a ton of resources that are not helpful or even worse, will actually give you bad advice and cost you time and money.

That’s why wecreated this Cryptocurrency Book, Product and Service Review. We cover the few books, products, and services that we personally like and believe will turbocharge you experience in cryptocurrencies.

First, we will cover books. Consider these your must-read cryptocurrency reading list. These books will catapult you way ahead of your competition and help you understand the whole cryptocurrency industry broadly.

Next we will cover cryptocurrency products that you will want to get, especially products for protecting your coins. You wouldn’t leave a baby unattended or drop a small child off at a stranger’s house. Don’t leave your coins in a vulnerable position either. We’ll review the best products for keeping your cryptocurrencies safe and secure!

Cryptocurrency Books Review 

Cryptoassets Book Review Cryptoassets

We here at White Paper Pagoda are big fans of Chris Burniske and follow him on Twitter. This book is probably THE entry level book to read if you want to get a broad understanding of the crypto world. We love this book because it covers the origins of Bitcoin, the other big players in the industry as of 2017, and helps you understand why crypto will change the world and how a reasonable investor can smartly try to benefit from this. If you want an introduction to this space, this book is very readable and highly informative.


Mastering Bitcoin Book ReviewMastering Bitcoin

Andreas Antonopoulos is a giant in the world of Bitcoin. And his Mastering Bitcoin is an incredible book. Now here’s the thing, at various points, this book gets into the nitty gritty of the coding behind Bitcoin. So if you don’t come from a background in tech, this book will challenge you. We definitely read Cryptoassets first. However, at some point, if you are going to invest in this space, you need to tackle Mastering Bitcoin. No other crypto book has pushed forward our knowledge like this one. Do you hear terms like hash, coinbase, consensus, etc. tossed around and want to really understand what going on? This book will get you there. This book is absolutely worth the time you will put into it.


The Sovereign Individual Book Review The Sovereign Individual

We literally waited months to get a physical copy of this book. As of the moment we write this, there are only 12 new copies available on Amazon.com. And this make shock you, this book was written in the late 90s, 10 year before the birth of Bitcoin. So why are we including it as one of only a few crypto books we recommend buying and reading?

The Sovereign Individual predicts ways in which the world will change due to the rise of the internet. Sure, tons of books like this have been written, but this one rings eerily true over and over again. In the first chapter of the book it predicts the rise of a digital currency. Of course, it doesn’t call it Bitcoin, but the authors describe our present moment well, including government hostility towards digital currencies, their use as a way of maintaining privacy, the rise of nationalism, the massive impetuous toward decentralization, and how that will impact countries, corporations, and individuals. If you want to understand the rise of cryptocurrencies, the challenges it will face, and how you should position yourself to maximize your opportunities and reduce your risks, this book is a game-changer. Subsequent rereads always yields even more understanding of our present world. Not bad for a book that’s 20 years old!


The Bitcoin Standard Book Review The Bitcoin Standard

This book could more simply be called the Bitcoin Bible. It explains it’s origins, the very real world problems that Bitcoin is solving, and why it matter so much. You’ll learn economic history, the basics of the tech behind Bitcoin, and answers to questions you’ve probably wanted to ask such as…

Is Bitcoin mining a waste of energy?

Is Bitcoin for criminals?

Who controls Bitcoin, and can they change it if they please?

How can Bitcoin be killed?

What about all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain technology’?

This book is one of the few that we strongly recommend reading whether you are a beginner or a grizzled veteran of the crypto world.

Cryptocurrency Product Reviews

Exchanges are great places to buy and sell cryptocurrencies, but they are not necessarily the best place to store your coins. Most people recommend keeping your coins in cold storage if you plan to hold them for a long time. Cold storage simply means they are not being kept online or in an exchange. A great way to do this is to purchase a cold storage device that allows you to store your coins much more safely than just leaving them inside an exchange.

Currently, the two most popular options are the TREZOR and the Ledger.TREZOR Crypto Exchange Guide

 Get your TREZOR today on Amazon.com to protect your coins!

Ledger Crypto Exchange Guide

Get your Ledger today on Amazon.com to protect your coins!

These cold storage options have even sold out at points, so if they are currently available (which they are at the time of writing this) then you definitely want to make sure you can get your hands on them. You may even feel that it’s not necessary because you are planning to only invest a small amount into cryptocurrencies at the moment, but in previous bull markets, we’ve seen coins go 10X or 100X quickly, so your “small investment” might suddenly be not so small and at that point, you’ll be glad you planned ahead to protect your investment. Exchanges have been hacked in the past. It’s better to protect your investments from day 1. Right now TREZOR and Ledger are the industry standard in security.

Return to List of Cryptocurrency Reviews and White Papers

Buying Bitcoin and Beyond: Your Cryptocurrency Investment Guide

Disclaimer: We are not financial advisors and it is fully up to you to do your own research and make your own informed decision about if and how you approach cryptocurrencies. Buying Bitcoin and Beyond is based on our thoughts and experience. Take the time build your own opinions and experiences too!

In this Cryptocurrency Investment Guide, we are going to cover the following topics.

Why Should I Invest in Cryptocurrenies?

What is the Best Cryptocurrency?

How Do I Choose the Best Cryptocurrency Exchange?

How do I Invest in Cryptocurrency?

How Do I Learn More About Cryptocurrencies?

 

Why Should I Invest in Cryptocurrencies?

Buying Bitcoin Buying Cryptocurrencies

Before you read our Cryptocurrency Investment Guide, you may be asking yourself, “Why should I even be investing in buying Bitcoin or cryptocurrencies?” Bitcoin can seem technologically challenging to understand, there are over a thousand projects to choose from, the prices are volatile, and certainly many projects will end up completely failing. Why would anyone sign up for a ride like this?

You should be taking this technology as seriously as you should have been taking the development of the internet in the early 1990’s. – Blythe Masters

You should be looking at cryptocurrencies because they are likely going to change the world as much as or even more than the advent of the internet.

Let’s look at this technology briefly to understand why it will transform the world as we know it. Bitcoin and blockchain technology in general has a few features that are critical to understand.

1. Decentralization – This aspect is very important. Bitcoin is spread across the world in the hands of thousands of people. There is no central server that can be shut off, no CEO that can embezzle money, no company that can be sued, no single choke point that can be attacked and shut down.

2. Trustless – You don’t have 3rd party intermediaries that you have to trust. When I write check to you, I have to trust the bank to carry out the transaction correctly. I have to trust them not to steal my money, make an error, charge me unfairly, freeze my account, report my data to the government in a way that leads to an audit from tax authorities, leak out my personal data to marketers, etc. When I log in to Facebook, I have to trust that they won’t be hacked, won’t share my photos and messages with someone else, and so on. When you stop to think about it, almost everything you do in modern society involves you going through 3rd party intermediaries that you have to trust. And that trust is routinely violated – think hacks, data breaches, privacy violations – millions are affected every year and it’s only increasing. Bitcoin and the blockchain eliminate the need for these intermediaries.

3. Uncensorable – This is huge. Thanks to being decentralized and not needed to go through 3rd party intermediaries, they can’t be censored. Governments for example can’t block transactions that they don’t approve of. Imagine if the Jews of 1930s Germany could have escaped the Nazis earlier, wealth intact. Imagine if people stuck in impoverished countries where the government is inflating away the value of the currency or taxing people into poverty could simply take their savings and go elsewhere.

4. Mathematically predictable inflation or deflation – Bitcoin is an algorithm that starts with slight inflation and will eventually be slightly deflationary. The key here is it is set in stone. You don’t have to worry about political developments suddenly leading to a major devaluation of your currency. Will Social Security in the US exist by the time you retire? Will the US dollar lose much of its value (it consistently does year after year). Those are political questions with no definite answer. With Bitcoin and blockchain, you don’t have to wonder what inflation will be.

5. Micro-transactions – A lot of value in our economy is lost every year due to the fact that tiny transactions just aren’t worth carrying out. Here’s a simple example. Media tends to be saturated with ads. That’s how they make money. To run better ads, they use cookies, gather tons of personal info on you, and in many cases, put your privacy at risk to do so. Why? Well, other than monthly subscriptions or ad deals with advertisers, there is no other reasonable way for them to monetize their content. Imagine if you paid 1/10th of a cent for each page you viewed on their site? Suddenly this would add an entire new way for that industry to monetize content and provide an ad-free experience. As millions of new devices come online in the next decade, machines will be able to communicate back and forth with each other and carry on micro-transactions in the background thanks to the low or no-fee capabilities of blockchain tech.

Payments, finance, supply-chain management, advertising, AI, gaming, gambling, media, prediction markets – all these and many more industries are being transformed as we speak by blockchain technology. And we are still early. This is like the internet in the early ’90s. Some of the most transformative applications of the technology may not have even been thought of yet.

What is the Best Cryptocurrency?

Buying Bitcoin Buying Cryptocurrencies

There are over a thousand cryptocurrency projects and more are launching every week. How can you possibly sort through all of these to find the best ones to invest in?

Well, first, it’s important to understand that in spite of there being more than a thousand projects to choose from, a few coins make up a big portion of the entire market. For example, Bitcoin tends to be worth 30% – 50% of the entire market! So if you study Bitcoin, you already have an understanding of where up to half of the investment energy has gone so far in crypto. Add in a few more projects like Ethereum, Ripple, Bitcoin Cash, and EOS, and you have about 75% of the entire market accounted for.

So don’t make crypto harder than it needs to be. Start with these pages and you’ll already start to have a decent view of the market as a whole.

Largest Market Cap Coins in Crypto

Bitcoin White Paper and Info Sheet Buying Bitcoin Review and White Paper

Buying EthereumBuying Ethereum Review and White Paper

Buying Ripple Review Buying Ripple Review and White Paper

Bitcoin Cash White Paper and Info Sheet Buying Bitcoin Cash Review and White Paper

Buying EOS Review Buying EOS Review and White Paper

 

Cryptocurrency Sectors

Another way to think about cryptocurrencies is to think of them like the stock market or like a whole economy. Generally an economy or stock exchange is divided into sectors. You can divide crypto projects in sectors as well. You can then study each sector and find ones that you are particularly excited about and then target the projects within that sector.

We are a big fan of a few sectors right now – platforms, privacy coins, and interoperability projects.

Crypto Platforms

Platforms are blockchain projects that allow you to build things on top of them such as decentralized apps or smart contracts. Think of these as being like the base layer of the internet upon which you can build websites and apps. We are extremely excited about these because ideally, as more and more is built on these, the value of the platform should increase as well. If you believe many industries will be transformed by blockchain technology then this may be a very smart sector to target. Here are some of the biggest platform projects to look at.

Buying EthereumBuying Ethereum Review and White Paper

EOS White Paper and Info Sheet Buying EOS Review and White Paper

Cardano White Paper and Info Sheet Buying Cardano Review and White Paper

TRON White Paper and Info Sheet Buying TRON Review and White Paper

NEO White Paper and Info Sheet Buying NEO Review and White Paper

Ethereum Classic White Paper and Info SheetBuying Ethereum Classic Review and White Paper

 

Privacy Coins in Crypto

Another sector we really like is privacy coins. There will always be demand for ways to make private payments that cannot be blocked, censored, spied upon, or catalogued. Many beginners to cryptocurrencies think that Bitcoin is private, but that’s not entirely true. While Bitcoin transactions don’t show your name, email address, or other identifiable information, they do show your wallet address. Over time if you made enough transactions from the same wallet, someone could possibly piece together who that wallet likely belongs to. Privacy coins on the other hand take privacy to the next level. For good reasons or for bad, there will always be a large demand for the ability to store and transfer wealth beyond the prying eyes of anyone else. Here are some of the biggest privacy coins to look at.

Monero White Paper and Info Sheet Buying Monero Review and White Paper

Dash White Paper and Info Sheet Buying Dash Review and White Paper

Zcash White Paper and Info Sheet Buying ZCash Review and White Paper

 

Cryptocurrency Interoperability Projects

The final sector we really like right now is interoperability. Basically these are projects working to link all the other blockchains together so that we can freely exchange information and value between them. We love this sector because eventually, there will likely be more value flowing between chains than within individual ones. So it stands to reason the projects that can facilitate communication between these hundreds of blockchains will likely become some of the most important projects in crypto. Here are the biggest interoperability projects to look at.

ICON White Paper and Info Sheet Buying ICON Review and White Paper

Wanchain White Paper and Info Sheet Buying Wanchain Review and White Paper

Aion White Paper and Info Sheet Buying Aion Review and White Paper

 

How Do I Choose the Right Cryptocurrency Exchange?

Buying Bitcoin Buying Cryptocurrencies Exchanges

In the previous section of our Cryptocurency Investment Guide, we just pointed out 15 individual projects across 3 crypto sectors that could be worth looking. So what’s the next step? How do we actually go out and purchase Bitcoin, Ethereum, Ripple, or whatever project we like?

The next step is to sign up for exchanges. There are several popular ones. When you have the time, feel free to read our review of the top cryptocurrency exchanges.

Our first recommendation is to start with Coinbase. Coinbase allows you to buy Bitcoin, Ethereum, Bitcoin Cash, and Litecoin with national currencies such as US dollars, GB pounds, and Euros. If those are the only coins you’d like to get, then Coinbase will be the only exchange you need. Most people though end up wanting more options, so the next step is to open accounts at additional exchanges.

Our recommendations? Binance, KuCoin, and Cryptopia. Again, read our full review to learn more about each of these, but Binance, KuCoin, and Cryptopia will give you a huge range coins to buy, and in the case of Binance and KuCoin, chances to earn dividends, referral bonuses, and air drops (free coins). Each exchange lists some unique coins, so opening free accounts at all of them just makes sense.

How to Invest in Cryptocurrency – Putting It all Together

Buying Bitcoin Buying Cryptocurrencies

Ok, let’s put it all together. In Buying Bitcoin and Beyond, our Cryptocurrency Investment Guide, you have already seen some good coins to go research and you know some exchanges you can use to go buy them. But how do you choose among all these various coins to pick the best ones. Here’s our method.

1. Go to our White Paper and Info Sheet Page for the coin you are interested in. Here we provide basic information like it’s price, market cap, sector, white paper, and other resources like the project’s team, website, twitter, and more. This is a great starting point to figure out what the project is all about.

2. Read the white paper. The white paper explains the entire project, including vital information like what the project’s goals are, the tech is uses, the problems they are looking to solve, etc. Some white papers are very technical. Don’t let that stop you. Scan through the tough parts and even if you fail to grasp it 100%, by the time you finish you will still have a much better feel for what the project is all about. We have white papers posted on all our info sheets to make it easier for you to carry out this important step.

3. Look at the team. Do a quick Google search on the key people. Ideally, they’ve been involved in other successful projects or come from impressive academic backgrounds. Sometimes great teams rise from obscurity, but generally, the strongest teams have proven success behind them.

4. Sign up for communication from the team. Twitter is a great resource for this. How often do they communicate. What is the tone? Look for frequent, professional, goal-focused communication from the team.

5. Check out reviews from various sites. Don’t buy a coin just because someone randomly recommended it. Remember that people can be paid to recommend coins or could have ulterior motives for encouraging you to buy. Here at White Paper Pagoda, we will never accept any payments to recommend any coin, but it is a widespread issue in the industry, so please, always do your own research before buying.

We are building our own free reviews of coins and at present only give our highest 5-star rating to 5 projects. Check out our review page to learn more.

How to Learn More About Cryptocurrencies after Finishing Buying Bitcoin and Beyond

Buying Bitcoin Buying CryptocurrenciesYou made it to end of Buying Bitcoin and Beyond our Cryptocurrency Investment Guide. What if you are still hungry to learn more? Good! That intellectual curiosity will serve you well. Here are 4 books that helped us gain a much more confidence understanding of cryptocurrencies. We highly recommend ordering and reading these as soon as possible. A strong foundation of knowledge gives you a distinct edge over your peers that lack it.

Now we have to ask you a favor.

If you found this cryptocurrency investment guide helpful, share us with your friends.

We do no advertising and rely on our readers to spread this valuable information. By sharing with your friends and family, you are accelerating the rise of crypto and giving them a head start on the most exciting changes shaping the world!

Return to List of Cryptocurrency Reviews and White Papers

 

 

White Paper FAQs

  • What is a white paper? A white paper is basically an outline of the overall value proposition behind a particular crypto asset.

 

  • Why would I want to read one? A white paper is a fantastic starting point for understanding an asset that you are considering to purchase. Any serious investor should study a white paper as an initial step of research.

 

  • Why do you list the original Bitcoin white paper as the white paper for several different crypto assets? Some crypto assets (such as Bitcoin Cash or Litecoin) are essentially versions of Bitcoin with some key differences. But since they each originated as a fork or variation of Bitcoin, the original Bitcoin white paper is still a great source for understanding the newer coins.

 

  • Does WhitePaperPagoda recommend any particular asset for purchase? No. We do not endorse any particular asset nor crypto assets in general. The inclusion of assets on this site should not be construed as an endorsement. We also include links to some key exchanges for people who want to get set up to buy or sell coins, but we aren’t endorsing any specific exchange. We here at WhitePaperPagoda are invested in several crypto assets and do make use of certain exchanges but we do not endorse anything or anyone here. This site is simply a tool to help potential investors do their own research. We are a like a library – we provide as much access to info as we can but we don’t endorse anything. It is up to you do DYOR – Do Your Own Research!

 

  • We’d love to support you guys, how can we do that? If you’d like to thank us for our work, we accept Bitcoin. Here’s our address ->     17Ydt5C2yhNHj7mpnzwwR6sFX9cn5cvk2SThank you!