What are AltCoins?
AltCoins are alternative cryptocurrencies to Bitcoin, which was the first crypto to exist.
Alternate currencies such as Ethereum, Ripple and Litecoin have their own blockchains. You can trade Altcoins in the same way you buy and sell Bitcoin.
Each AltCoin may offer a different product or service than the last and only the widely supported survive. Altcoins are also forms of digital assets and can be utilised in the same way as Bitcoin.