As per Alexa Internet, Reddit is among the most visited platform in the world and the 6th most visited in the US. More than 50 million daily active users spend about 7 minutes on Reddit on an average. These statistics are testament to the popularity of Reddit, a platform famous for discussions, web content ratings, and social news aggregation.
Another interesting fact is that cryptocurrency was the hottest topic of conversation on Reddit in 2021. The term “crypto” was mentioned over 6 million times on the platform last year. Over the last decade, more than 500 crypto subreddits have been formed on Reddit. This clearly establishes it as the go to platform for all crypto-related discussions.
So, if you are into cryptocurrency in any capacity, you should definitely consider joining some crypto subreddits. Crypto enthusiasts, investors, and newcomers participate in all sorts of conversations on Reddit. You can ask questions, offer suggestions and feedback, share your success stories, and more across these subreddits.
The opportunities Reddit offers to crypto crazies are simply endless. However, since there are hundreds of crypto subreddits or communities, the need to identify and follow the best ones becomes paramount. Therefore, let’s first understand the benefits of crypto subreddits and why you should follow them before learning about the best ones you can follow.
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Importance of Crypto Subreddits
The crypto space has become a hub for new project launches under it’s various niches—from DeFi to Play-to-earn to NFTs and more. With a sharp hike in the number of crypto projects, there has also been a rise in interest and curiosity, leading to open discussions on various social media forums like Reddit.
There’s just so many doubts that need to be addressed, other than the regular updates, descriptions and what not. However, reaching out to the Founders or Core Team members of specific crypto projects is not the most viable option. That’s why platforms like Reddit via its unique subreddits allow users the much-needed space to discuss crypto projects and its intricacies among themselves.
It’s safe to say that the various subreddits are now flourishing as a whole community in themselves which crypto projects are tapping into to grow their user base. In regards to the popularity and importance of crypto subreddits, Tejas MC, the Community Marketing Associate at Blockwiz stated,
When you can’t find all your answers on Google pertaining to a particular project, that’s where Reddit comes into picture. Reddit is teeming with subreddits that contain information you need & desire. Someone, somewhere in the world, has had the same dilemma about a project and weighed the pros and cons. Reddit is like a personalized stream of consciousness that is happy to help you. When it comes to the legitimacy of the information you find here, with down voting, users will quickly flag any information or any links that are exaggerating the truth. That being said, it is a place where like-minded people come together & share the information which can help the entire community.
—Thejas M C, Community Marketing Associate at Blockwiz
The r/Bitcoin subreddit is a great example of how efficient such communities are. You can only indulge in bitcoin-related discussions and activities in this subreddit. Sharing links that are not about bitcoin, discussions about other cryptocurrencies, and asking for bitcoins is not allowed in this subreddit. This is how subreddits maintain focus and are highly beneficial for niches.
This is also one of the most prominent reasons for following the best crypto subreddits. They have predefined guidelines for sticking to their respective niches within the industry. Therefore, you can easily learn, share your views, ask questions, and participate in more such activities around a particular topic from the crypto domain.
To sum it up:
- Subreddits make it easier to stay relevant to a particular topic.
- You can indulge in meaningful conversations around the topic.
- You can ask questions and share opinions about niches.
- You can flag spammers and off-topic posts by down voting them.
- Moderators can easily manage subreddits with the help of set guidelines.
Best Crypto Subreddits
There are subreddits for all things crypto but the idea is to follow the ones that offer valuable insights. So, here are some of the best crypto subreddits you should follow to learn about specific cryptocurrencies and gain industry knowledge.
1. r/Bitcoin
This one of the best and biggest crypto subreddits on the platform with 4 million members. From advice for beginners and news to discussions, memes, and much more, you can find everything related to bitcoin in this subreddit.
Members hold daily discussions, ask questions, share memes about bitcoin, and whatnot. So, it does not matter if you are a bitcoin holder or just a beginner in the crypto community, joining this subreddit can prove to be highly beneficial for you.
2. r/btc
This subreddit is a smaller, lesser known sibling of the r/Bitcoin subreddit with over 850,000 readers. “Preservers of bitcoin for future generations” is how this subreddit describes itself. It is essentially a community where users can engage in free and open discussions around the very first cryptocurrency.
Unlike r/Bitcoin, this subreddit is lenient towards its members and has grown into a community of crypto experts. r/btc is among the best crypto subreddits on the platform and a perfect place for beginners in the industry. So, you should definitely consider joining this community.
3. r/CryptoCurrency
Cryptocurrency News & Discussion is the actual name of this subreddit. It’s also one of the biggest crypto subreddits on the platform with over 4.5 million members. You can join this subreddit to get the latest news and analysis of the crypto industry. Also, you can engage in meaningful discussions about all things crypto with other members.
4. r/BitcoinBeginners
This subreddit has been around since 2013 and is a popular community for beginners in the crypto industry. With more than 925 thousand members, Bitcoin for Beginners is the perfect place to learn about the basics of the first cryptocurrency. So, if you are new to this domain and want to know about bitcoin, you should definitely join this community.
5. r/CryptoMarkets
Crypto Markets is the perfect place for those who want to make money by trading. With over 770 thousand members, you can easily get valuable insights about the market and learn about different applications and exchanges. So, if you are into crypto trading, you should join this community to gain market knowledge and stay on top of your game.
Best Altcoin Subreddits
There are thousands of altcoins and people are actually quite crazy about them. So, let’s take a look at the best altcoin subreddits from the crypto domain you can join to learn more about them.
1. r/ethereum
From token updates to the latest news, you can learn about all things Ethereum in this community. Being one of the most popular altcoins, the Ethereum subreddit more than 1 million builders. So, if you are into decentralized applications or Ethereum in general, this subreddit is the perfect place for you.
2. r/Ripple
Ripple is one of the first altcoins to get popular apart from bitcoin. RippleNet offers a frictionless money transfer experience by connecting digital asset exchanges, banks, and payment providers. The Ripple subreddit has more than 345 thousand members where you can get all the information you need about the technology. So, if you are into XRP, this is the perfect place for you.
3. r/litecoin
This altcoin is derived from the first cryptocurrency, bitcoin. Think of it as a more efficient bitcoin version. The crypto community has more than 355 thousand members making it one of the best altcoin subreddits you can follow. You can get the latest updates about Litecoin and get into meaningful discussions on how you can capitalize on the altcoin.
4. r/Monero
The official Monero subreddit is home to more than 255 thousand members. You can get all the relevant information you need about the open-source altcoin which is super secure, untraceable, and private. So, if you hold XMR or want to get into it, the Monero subreddit is the go to place for you.
5. r/Stellar
This subreddit is the perfect place for XLM enthusiasts with more than 210 thousand members. Stellar is essentially a decentralized protocol which allows you to instantly send money to anyone and in any currency. You can learn everything about it by joining this subreddit as the technology has been gaining a lot of momentum in the industry.
Best Subreddits for Crypto Exchanges and Wallets
Crypto traders are a different breed which is why they need dedicated communities to connect with each other to up their game. So, here are some of the best subreddits for crypto exchanges and wallets.
1. r/binance
Binace is the largest exchange in terms of crypto trading volume. Its subreddit has more than 830 thousand binancians who share insights, news, and a lot of valuable information about crypto trading. So, this is the perfect community for traders as they can indulge in meaningful conversations with other traders and enhance their trading skills.
2. r/CoinBase
This is among the very first crypto exchanges and a popular choice for traders. The Coinbase community on Reddit has 205 thousand members who regularly discuss trades and markets. So, you should definitely consider joining this subreddit if you use the trading platform or are planning to use it.
3. r/ledgerwallet
A prominent name in the crypto wallet domain, Ledger’s products are recommended by the likes of Bloomberg, TechCrunch, and Forbes. Its subreddit has almost 85 thousand members making it a perfect place to learn about Ledger’s crypto wallets. So, if you own a Ledger product or are planning to go for one, this subreddit is the perfect place to get all the information you need.
4. r/defi
From discussions around project ideas to support, this subreddit allows its 93 thousand members to cover all DeFi development grounds. So, if you are into decentralized finance in any capacity, this is the perfect place for you to share your thoughts on the open financial system and learn more about it.
Bonus Crypto Subreddits to Follow
The categories and subreddits mentioned above are the more prominent communities that you can join on the platform. However, there are many crypto subreddits and they are as good as the best ones. So, here are some extra subreddits for you to learn more about the crypto industry and make your mark in it.
1. r/Crypto_General
This is a relatively smaller community of 69 thousand members who engage in general discussions around cryptocurrencies. So, if you are an absolute beginner in the crypto domain, this is a good subreddit to get relevant information.
2. r/ico
If you are into ICOs and want to know about new and upcoming ones to invest in, this subreddit is the right place for you. Brand owners regularly post about their offerings in this community of more than 46 thousand members.
3. r/CryptoCurrencies
This community has more than 330 thousand members who discuss crypto education, technicals, news, memes, and much more without worrying about censorship. So, you can join this subreddit to casually learn about the crypto industry and share your thoughts.
4. r/blockchain
This is a private subreddit and only approved members can engage in discussions and view posts. It is a great place for those who are deep into blockchain technology and have some really innovative ideas to share.
The Key Takeaway
These best crypto subreddits are for those who want to learn, share their knowledge, and substantiate their stand in the crypto industry. However, the one thing that holds such communities together across platforms like Reddit, Telegram, Discord, etc. is great community management. You can learn more about community management services here.
Also, you can get in touch with growth experts at Blockwiz if you want to avail these services. While these communities fulfill the needs of general users, the game changes completely for businesses. Therefore, join these communities if you want to get into the thick of the crypto sphere or build communities like these with the help of Blockwiz if you are a brand owner.
