Abstract:

People from the past to the present, has carried out various commercial transactions to meet their needs. These commercial transactions, which started with the exchange of surplus goods, were realized in the following periods with various valuables and coins of various forms. The coins used in various forms became paper forms in the same way as we used today, and commercial transactions continued in this way. Nowadays, with the development of technology, commerce continues to be widespread over the internet. Especially with the development of the internet, the money, which is called crypto currency, does not have a physical presence, and is used completely on the internet, has become popular. Nowadays, commercial transactions, various payments and shopping with cryptocurrencies are increasing. In addition to various commercial transactions, the number of purchasers for the purpose of investment has been increasing since the crypto currency has completed its development and will become more valuable in the future. In this study, most suitable ten cryptocurrency alternatives identified as a means of investment have been assessed by using Fuzzy CODAS (COmbinative Distance-based ASsessment) method which is one of the Multi- Criteria Decision-Making Methods (MCDM). In fuzzy CODAS method; cryptocurrency alternatives have been evaluated under the criteria of coin team / developers, annual average return, total market value, roadmap, whitepaper, security, transaction speed, supporting institutions and organizations, the highest value of the exchange and the number of exchanges traded. As a result of the study, the most suitable crypto currency alternative has been determined for the investors.

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