What is an Altcoin?

Altcoins are strictly speaking any coin or token other than Bitcoin. Let’s expand that definition to be more useful though: Altcoins are simply the lesser known coins and tokens.

Some of these are already traded on exchanges like Coinbase, so buying them is as simple as creating an account, connecting your bank, and clicking a button. One such example would be Celo Gold, which is already one of the largest tokens out there, but some may still consider it an altcoin.

But others are much harder to get your hands on. Currently, there are about 9000 of them listed on Coinmarketcap that are traded or swapped somewhere.

Some of these have meteoric rises in prices in their early days, but only a few are listed on crypto exchanges, so many investors ask themselves: How do I get in on that?

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