cryptocycle

[cryptocycle]

These cryptocurrencies incorporate different methods of ensuring transaction privacy, e.g. coin mixing, anonymity techniques like CoinJoin, and offline transactions. This is in addition to techniques employed in mainstream crypto e.g. lack of tying real-world names with crypto addresses and blockchain encryption. Examples of privacy tokens: Monero, Zcash, Dash, Horizen, Beam, and Verge. Here, we discussed all the different types of cryptocurrency. For those asking how many types of cryptocurrency are there, we have listed 9 common types. Of all types of cryptocurrencies, the main ones are payment tokens.

Based on these categories, security tokens are the best to invest in, although basically all payment tokens are ideally fit for that purpose. Only that utility tokens are not backed by regulation and so no one to hold accountable if an investment goes bad.

If it is a scam, it would be known long before it goes far. Most utility token projects survive in the market based on keeping their word to their investors because that affects demand and usability or utility directly.