Altcoin

A catch-all name for crypto assets other than bitcoin

In detail

Altcoin is the umbrella name for crypto assets other than bitcoin. Some add a way to run contracts automatically, some aim at faster transfers; the purposes vary widely. Thousands are said to exist, but thinly traded ones swing hard in price and can be hard to sell when you want to. Registered exchanges list only a fraction of them.

Example

More than 10,000 are said to exist worldwide, while a single exchange may list only a few dozen.

Related terms

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For learning, not investment advice. Decisions are your own.

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