When it comes to crypto investing, staying up-to-date with the latest industry news matters. This is because diligent investors should have their ear to the ground about potential regulatory changes, upcoming DeFi projects, and the general crypto market.
Keeping tabs on what’s happening in crypto is also fun. After all, the world of digital assets is fascinating, and that’s one of the main reasons Cult of Money exists.
If you want an easy way to learn more about cryptocurrencies and network with other HODLers, Discord is one of the most popular options these days. In fact, you can find hundreds of different servers, with many focusing on specific tokens or areas of crypto.
However, all of this choice can be overwhelming. That’s why this article is outlining some of the best crypto discord servers you can join to get in on the action.
The Best Crypto Discord Servers
Here's our top picks for DeFi and cryptocurrency Discords you can join depending on your goals and interests:
- Best Overall: Axion Crypto-Community.
- Best For Beginners: Cryptohub.
- Best For HODLers: Cryptex Commonwealth.
- Best For Active Traders: Elite Crypto Signals.
- Best For NFTs: Larva Labs.
- Best For News: r/CryptoCurrency.
- Best For Algo Trading: LuxAlgo.
- Best For Ethereum: Spacestation.
1. Axion Crypto-Community
With over 62,000 members, the Axion Crypto-Community is one of the largest and top crypto Discord servers out there. And it’s also our overall best pick for several reasons.
For one, Axion has a nice combination of free and premium channels. Regular members can chat about crypto, DeFi, staking opportunities, and share memes with other members. And if you’re a VIP member, you gain access to more trading signals, technical analysis, and data to help you inform your trades.
At the time of writing, Axion VIP costs $20 per week and $69 a month if you pay monthly, so it’s not cheap. But you can always enjoy the free version and large community to get started.
2. Cryptohub
Cryptohub is our number one pick for top crypto Discord server because it’s geared towards beginners.
Its 25,000 members discuss a broad range of topics, ranging from which cryptocurrency exchanges you can use to different trading signals you can follow. And once you verify you’re a human by completing a simple Captcha and entering your phone number, you gain access to dozens of different channels where you can begin learning and chatting.
This Discord server also covers NFTs and DeFi projects, but its main focus is on major cryptos and altcoins.
3. Cryptex Commonwealth
With over 5,000 members, Cryptext Commonwealth is another popular crypto Discord you can join if you want find new tokens to invest in and aren’t as focused on day-trading and trading signals.
There are several channels within Cryptex Commonwealth, including ones focusing on new opportunities, NFT projects, security, and general news. And since longer-term investing is one of the Discord’s mantras, you can chat with like-minded individuals about the best ways to invest in crypto and DeFi.
4. Elite Crypto Signals
While Cryptex Commonwealth gears itself towards long-term investors, Elite Crypto Signals is the opposite. This server of 20,000+ members largely focuses on trading signals, and both free and premium members get trading signals as well.
However, to unlock the most data, you have to pay. A premium membership costs $40 per month currently, and Elite Crypto Signals publishes two signals per day for premium members.
Again, all of these buy and sell calls are only useful if you’re an active trader. But if this is how you dabble in crypto, chatting with fellow traders and receiving daily research and data could be worth it.
5. Larva Labs
As the group behind famous NFT projects like CryptoPunks, it’s no surprise that Larva Labs has one of the best crypto Discord servers out there.
Its aptly named CryptoPunks Discord server currently has over 75,000 members. And if you’re looking for a place to talk about minting, NFT marketplaces, and new projects or drops, it’s the place to be.
The server also has information about other Larva Labs’ endeavors, such as The Meebits, which are 20,000 collectible characters you can buy and sell. And, of course, there’s plenty of information about CryptoPunks. However, given the server’s size and reputable host company, it’s definitely the top NFT server you can join.
6. r/CryptoCurrency
If you’re an avid reddit user, r/CryptoCurrency is naturally one of the best cryptocurrency Discord servers you can check out.
The server has over 39,000 members at the time of writing, making it one of the larger ones on this list. Like on r/CryptoCurrency, it also provides an easy way to chat about all things crypto, including:
- Altcoins
- Blockchain technology
- Crypto news and regulations
- Crypto wallets
- DeFi projects
- NFTs
- Web3
- Yield farming
The Discord also hosts AMAs (ask me anything) events with prominent figures in the crypto industry, so it’s an excellent way to stay informed about current events and news.
7. LuxAlgo
Elite Crypto Signals is one of the best crypto Discord servers for active traders and getting daily signals. But if you’re interested in algorithmic crypto trading, LuxAlgo is the server for you.
This server is also one of the largest communities with over 157,000 members at the time of writing. Free members can access general chat channels while also accessing 50+ free indicators for technical analysis that you can use with TradingView.
The Discord recommends practicing with paper trading on TradingView to learn the ropes without risking money. If you upgrade to LuxAlgo premium for $67.99 a month, you gain even more technical indicators and tools as well as access to more channels.
8. Spacestation
Spacestation is another leading crypto Discord server that’s worth joining to chat and learn about all things Ethereum.
On this server with over 16,000 members, you’ll find channels dedicated to mining, blockchain technology, DAOs, crypto news, and trading. And the server actually began as a solely Ethereum-focused community but has slowly branched out into more general topics.
Benefits Of Crypto Discord Servers
Are Paid Crypto Discord Servers Worth It?
Paid crypto Discord servers can be worth it if you actually use the data and trade signals they provide. For example, over 50,000 people use LuxAlgo for its range of indicators, so a monthly fee isn’t necessarily a sign that a Discord server isn’t worth using.
Are Crypto Discord Servers Safe?
Discord itself is safe since it’s a simple web-based tool that lets people chat. However, many crypto Discord servers are notorious for pump-and-dump schemes in which they push an obscure altcoin to hike up the price before cashing out.
Like any investment idea, always do your own due diligence and research. Just because a Discord server says something is a sound investment idea, doesn’t mean it actually is.
You can read our post on how to spot crypto and NFT scams for more information about staying safe with digital assets.
The Bottom Line
Social media makes it easier than ever before to share ideas, debate, and connect with people in an industry. Cryptocurrency is no different, and the rise of crypto Discord servers is proof of that fact.
Of course, Discord is just one of many tools you can have in your crypto toolkit. And always do your own due diligence before following trading advice you hear online, especially in a chatroom.
Tom Blake is a personal finance writer with a passion for making money online, cryptocurrency and NFTs, investing, and the gig economy.