What is an altcoin?

If the entire cryptocurrency universe expanded from a single point, sort of like a big bang, that point of singularity would be Bitcoin, the first cryptocurrency. Every cryptocurrency that’s not the original Bitcoin is considered an “alternative” to it, hence an “alternative coin” or altcoin.

What is an “alternative coin”?

Every cryptocurrency that’s not the original Bitcoin is considered an “alternative” to it, hence an “alternative coin” or altcoin. From this vantage point, an altcoin is every cryptocurrency that’s not Bitcoin. But there’s a caveat to this definition: Not everyone agrees with it.

What altcoins can you buy on the exchange?

This particular hack was so serious that the criminal stole more than 19,000 BTC. Luckily, nothing has happened since. Although the amount of altcoins available to buy is not as much as other exchanges, you can buy Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP) and Litecoin (LTC).

How are altcoins different from bitcoin?

Most altcoins are designed and released by developers who have a different vision or use for their tokens or cryptocurrency. Learn more about altcoins and what makes them different from Bitcoin. The term altcoin refers to all cryptocurrencies other than Bitcoin (and for some people, Ethereum). There are tens of thousands of altcoins on the market.