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Altcoin Definition

Altcoins refers to any alternative cryptocurrency other than Bitcoin. Ethereum is the most popular altcoin in the world and there are currently over 20,000 altcoins in circulation according to Coinmarketmap.

Understanding Altcoins

Altcoin is literally a combination of the words “alternative” and “coin” to form a brand new category for cryptocurrency. Litecoin was the first ever altcoin created by Charlie Lee as a fork of Bitcoin.

Altcoins serve many different purposes

Types of Altcoins

Altcoins c