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Tag: Invest in Cryptocurrency

What Is an Altcoin? Why You Need to Know This Cryptocurrency

What Is an Altcoin? Why You Need to Know This Cryptocurrency

Finance
Are you looking to get involved with the investing scene? Almost all cryptocurrency enthusiasts are aware of Bitcoin, the first ever cryptocurrency and still the most successful. However, many cryptocurrencies have followed on from Bitcoin, each offering different attributes that make them better in some way. The most well-known alternative to Bitcoin is Ethereum. One of the first things that you'll need to familiarize yourself with is the term 'altcoin', what does it mean? Here, we'll dig into the answer to "what is an altcoin?" plus why you need to know the term. Keep reading to learn more! What Is an Altcoin? An altcoin is a digital currency that is not based on the Bitcoin network. Altcoins are based on other alternative cryptocurrencies networks such as Litecoin...