Ethereum
These newer players are dubbed altcoins — alternative cryptocurrencies that aren’t Bitcoin. Ethereum is perhaps the biggest altcoin in the market, however there’s disagreement over whether it really classifies as one since its market value of $557 billion far outpaces any other cryptocurrency in the crypto universe.
Where to buy new altcoins?
Coinbase. One of the most popular sites to get started with crypto is Coinbase.
Kraken. Kraken is probably one of the most well-known and well-respected exchanges for buying,selling,and trading digital currencies.
Bittrex. By trading on Bittrex,you can support blockchain technology at the same time.
Other popular exchanges. There are several other popular exchanges,including Binance,Coinmama,Gemini,eToro,and KuCoin.
How to buy altcoins?
Choose a reputable fiat-to-crypto exchange. In most exchanges,altcoins are paired either with Bitcoin or Ethereum. You will need to trade them for altcoins.
Register And Buy Bitcoin or Ethereum. Now that you have chosen the most suitable exchange,it is time to get there,register an account and purchase Bitcoins or Ether
(Optional) Register On Altcoin Exchange. If you can get the altcoins you want using a fiat-to-crypto exchange,your mission is accomplished.
Transfer Coins From One Exchange To Another. After you have selected a suitable altcoin exchange,it is time to make a deposit.
Buy Altcoins on a Chosen Altcoin Exchange. Here comes the fun part – getting your much-wanted altcoins.
Transfer Altcoins to a Hardware Wallet (Recommended) If you are planning to leave your altcoins in the exchange wallet,the history of exchange hacks should not give you good
Bitcoin. Bitcoin is the most widely used cryptocurrency to date.
Litecoin. Litecoin is one of the first cryptocurrencies to come after Bitcoin,and one of the hottest cryptocurrencies of the last decade.
Ethereum.
Binance Coin (BNB) Unlike Bitcoin and Litecoin,which aim to be used as currencies,the Binance coin is a utility token .
What is an alt coin?
The word “alt” literally means alternative and “coin”, well coin just means coin. In this instance “coin” refers to Bitcoin, so ” Altcoin ” refers to every other coin on the planet outside of Bitcoin.
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