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What is an altcoin crypto exchange?

An altcoin crypto exchange is a platform where you can buy, sell, and store different altcoins. While some altcoin exchanges only list Bitcoin, the vast majority of them include other currencies as well.

What are altcoins and how do they work?

The strictest definition of an altcoin, short for “alternative coin,” is any cryptocurrency other than market leader Bitcoin. Altcoins, generally speaking, are every cryptocurrency other than Bitcoin. Any crypto coin or token that is not Bitcoin—like Cardano, Solana, Polkadot, and Uniswap—can be considered as an altcoin.

What was the first altcoin?

The first altcoin was Namecoin, which is based on Bitcoin's code and was released in April 2011. Namecoin is integral to the history of altcoins in that it showed that there's enough room in the crypto markets for more than one kind of coin.

What is the future value of altcoins?

The future value of altcoins is impossible to predict, but if the blockchain they were designed for continues to be used and developed, the altcoins will continue to exist. "Altcoin" is a combination of the two words "alternative" and "coin." It is generally used to include all cryptocurrencies and tokens that are not Bitcoin.

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