Algorand

Freemium
Proprietary
SaaS

Algorand Alternatives

14
Options
Considered
2022-02-04
Last
Updated

#1 Fantom

Freemium
Proprietary
SaaS

Fantom is a web-based application available dedicated to a blockchain platform for DeFi and decentralized applications (dApps). This application provides all the information about this blockchain-based highly scalable platform. The user can invest here and keep an eye on market trends. By following these trends the user can easily decide when and how many coins or digital assets he has to sell or buy.

It is a field being trusted and worked on by thousands of users globally. The interface provided here is easy to understand and the functionalities and features provided here are well defined by the developer. Moreover, numerous tutorial videos are also available on social media websites like Facebook and YouTube which also can be used to know and learn in-deep about this platform.

#2 Acala

Freemium
Proprietary
iPhone
iPad
Online
Github

Acala is a web-based decentralized finance network for Polkadot. This is a blockchain-based application that provides the perfect platform for the deployment of crypto, decentralized applications (dApps), and decentralized finance (DeFi). It allows the user to understand and then use this platform easily. Basically, it is a learning platform that helps the user to learn new techniques about decentralized systems regarding blockchain.

Many tutorials and how-to videos are provided on the web application itself as well as on its YouTube channels for learning purposes. The interface provided here is user-friendly and designed in such a way to help the beginner user understand the true nature of this system and work accordingly. The 24/7/365 customer support is also provided to the paid customers.

#3 Fireblocks

Freemium
Proprietary
SaaS

Fireblocks is one of the best web-based digital assets and crypto platforms with hundreds of other basic/entry-level as well as advanced and updated features. This application comes with an interactive interface along with all those features and functionalities which are usually not available in other digital asset platforms.

The features and services this platform offers include all in one platform to build, run and scale digital asset business, asset transfer network, MPC wallet infrastructure, security, tokenization, AML/compliances, policy engine, Fireblocks DeFi, permissioned DeFi, Deposit acceleration, disaster recovery service, Fireblocks staking, cold wallet and many other. All of these services are provided at an affordable price along with training. It also provides social media platform communities for the users where the beginners can learn from the experts and share their experiences.

#4 Energi

Freemium
Proprietary
Online
Github

Energi is an Ethereum based cryptocurrency that can be used to invest real money in order to gain profit and earn. This platform provides all the tools and features that help the user to keep an eye on the market trends so he can decide when and how many digital assets he has to sell or buy accordingly.

It provides the training by using many platforms like YouTube. A bulk of tutorials and how-to videos are provided on their channel which allows the user to understand the working and the process it works and allows him to invest in a highly emerging marketplace. The interface provided here is interactive and keeps the user updated with current trends as well as the near-past history of the market which allows the user to predict an idea about the near-future trends.

#5 Karura

Freemium
Proprietary
Online
Github

Karura is a product of the worldwide famous cryptocurrency blockchain-based platform Acala. This platform provides an interactive interface along with basic as well as advanced level features and functionalities allowing the user to invest in the world’s largest growing marketplace. This platform is one of the best platforms due to the Acala platform support and user-friendly interface which makes it easy to understand for every user.

This platform is best for users who want to switch to something else than Acala itself. It is as easy to use as Acala itself. The expert user of Acala can understand everything here too as the backend of both the platforms is the same. The web-based application provided is just like a downloadable application in its reliability and usage.

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#6 Elrond

Freemium
Proprietary
SaaS
Online
Github

Elrond is one of the best places to perform transactions of digital assets. It can be used easily to exchange blockchain-based cryptocurrency which can be a profit-providing asset. This platform provides all the basic/entry-level as well as advanced level features and functionalities along with an interface full of tips and user-helping techniques.

This platform provides its own application for trend monitoring with every single detail. The attention-t-detail provided here is unmatchable and unbeatable when it comes to observing the history of a trend about a particular currency/asset and predicting the upcoming trend in near future. This application provides a user-friendly interface along with tips to help the user along with a bulk of tutorials and how-to videos covering the step-by-step process of understanding the market, which is a great help provided for the user.

#7 Binance Smart Chain (BSC)

Freemium
Proprietary
SaaS

Binance Smart Chain (BSC) is a product of the worldwide famous Binance platform which provides the user with great facilities including enabling smart contracts. This platform provides all the functionalities and features which are usually required for deploying the decentralized application and DeFi (decentralized finance). Decentralized application and finance are actually that kind of finance that does not depend on any other asset or currency in the world.

They are like standalone application which depends on themselves and no other currency or asset is responsible for the increment or decrement of their prices and worth. This platform also provides access to applications to calculate as well as predict the upcoming trends in the market directly depending on the historical trends of a particular asset.

#8 Meter

Freemium
Proprietary
SaaS

Meter is a high-speed, responsive, and delay-less blockchain-based network that connects the financial internet in a secure and safer way. This is a web-based application that provides the user facility to perform transactions just in a few clicks. This seamless experience is possible due to their advanced algorithm and easy-to-use interface along with a powerful and firm base of blockchain algorithm.

This application provides all the features that are usually required for a basic as well as advanced level digital assets wallet and their transaction across the globe without any delay. The roadmap, the overview of all the processes as well as the security layers provided is available on the official website which highlights all the features and functionalities which make this platform even better.

#9 Hedera Hashgraph

Freemium
Proprietary
SaaS

Hedera Hashgraph is an alternative to blockchain technology that is based on their native cryptocurrency named HBAR. It is said to be the largest emerging platform after blockchain due to its diversity in use and the bulk of features and integration it provides. The platform is well known due to its usability around the globe and the ease of use which is specially provided for beginner users allowing them to easily integrate other applications and tools to this platform.

The world’s largest and most well-known companies trust this platform is being used by them for many years. These companies include LG, Google TATA communications, IBM, and many more. Numerous webinars and live sessions for training purposes are conducted on monthly basis for beginner users allowing them to ask questions, share the problem and provide solutions.

#10 Avalanche

Freemium
Proprietary
Online
Github

Avalanche is an Open Source decentralized blockchain available globally providing the user many functionalities and features including smart contract availability. This platform is a product of a worldwide famous company named Ava Labs. This platform provides a user-friendly interface containing all the basic and entry-level features allowing the user to easily deploy the dApps and DeFi on this platform ease.

On this application, all the processes and steps are well displayed to the user allowing him to understand every step. Moreover, many tutorials, as well as internet communities, are provided on the social media websites like Medium, Facebook, Reddit, YouTube, and others. It is an Open source platform so the user having a little bit of knowledge of programming and development of software can understand the process on the backend of the application.

#11 Terra

Freemium
Proprietary
Online
Github

Terra is a public blockchain protocol for deploying decentralized applications and decentralized finance available worldwide. This application provides its services worldwide along with a perfect user-friendly interface and a bulk of features including spending, saving/earning, stake unbeatable experience, deployment of stablecoins, vibrant smart contacts platform, and successful cross-chain DeFi ecosystem.

This platform is based on Cosmos software development Kit (SDK) and tender mint consensus which provides an advanced engine for providing the user an experience like no other. The interface provided here is very simple to use but its power, as well as interactive, allows users with every level of expertise to use it conveniently. Many internet communities are provided along with step to step defining tutorials for beginner users allowing them to understand every single move and tactic before getting started.

#12 Oasis Network

Freemium
Proprietary
Online
Github

Oasis Network is one its kind, blockchain-based platform that ensures data protection over the internet. This is a tool that facilitates the user by providing the facilities like data protection, safe cloud computing, Peer to peer encryption, and a network where the chance of data leakage and other attacks is minimum. It is a decentralized, Layer 1, POS (Proof-of-stake) network providing the user’s many layers of security and safety and keeping the user’s personalized data secure like no other.

This platform is based on blockchain technology which makes it unbreakable as the chance of decoding of blockchain is minimum and the industries and organizations like banks are trying to shift on this technology as they have sensitive financial information. Along with all those features ad functionalities, this platform provides a user-friendly interface that makes it even more reliable and usable for customers.

#13 AscendEX

Freemium
Proprietary
Android
iPhone
Tablet
iPad
Online

AscendEX is a cryptocurrency platform providing its services globally for many years. This web-based platform provides services including buying and selling of ASD (AscendEX Native Token), BTC (Bitcoin), ETH (Ethereum), DOT (Polkadot), XRP (Ripple), SOL (Solana), and many more. This platform is available worldwide and supports many other applications and services for integration.

The user can easily and securely invest here, keeping an eye on the market trends, predicting the future trends after observing its brief history, and selling the assets, if suitable to hundreds of thousands of users on this platform. The mobile application for android and iOS is also available for mobility purposes allowing the user to don’t miss anything and be updated anywhere anytime. Mobile applications can be downloaded from Google PlayStore for android and from AppStore for iOS devices.

#14 Lightning Network

Freemium
Proprietary
SaaS

Lightning Network is a platform for secure funds transfer available in multiple regions of the world. This cloud-based application is developed on the basis of blockchain which provides unbeatable security and safety for information and takes the threat of transactions being hijacked to a minimum level. This application is highly scalable, dependable with simple to use and powerful interface which allows the user to easily transfer his digital assets like bitcoins and Ethereum to the target account without any delay and safety issues.

The interface provided here is very simple to use without any type of colorful and full of animation tabs and screens. It lets the user understand the real process being performed moreover numerous video tutorials of how to perform transactions are provided by third-party experts. The company guarantees the protection of personal data and information from attacks while communicating.