The term “altcoins” refers to all cryptocurrencies other than Bitcoin.
“Altcoin” is a combination of the two words “alt” and “coin” and includes all alternatives to Bitcoin.
As of early 2020, there were more than 5,000 cryptocurrencies.
Ethereum and Ripple were the largest altcoins by market capitalization in February 2020.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs.
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