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Altcoin

Beginner

An altcoin is any cryptocurrency that is not Bitcoin. Short for "alternative coin", it includes a wide range of digital currencies with different features and use cases and offers diversity and innovation in the blockchain space. Some altcoins, like Ethereum, support smart contracts, while others focus on speed, privacy or niche use cases. However, they can be more volatile and carry higher risks than Bitcoin. Researching an altcoin’s purpose, team, and market potential is important before investing. 

Related Words

API

Intermediate

An API is a tool that allows software systems to interact with each other. In crypto, it enables apps to connect with exchanges, wallets, or blockchains, facilitating real-time data access, automated trading, and building decentralised applications.

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Trading in Virtual Assets involves significant risk, including the potential loss of your entire capital. None of our communications are intended to provide investment, legal, or financial advice, nor to induce you to trade in such instruments. You should assess your risk tolerance and seek independent expert financial advice before trading. You must ensure that your use of BitDelta’s services complies with all applicable laws and regulations, as further detailed in our Terms and Conditions. Please carefully review our Terms and Conditions, Risk Disclosure Statements, and Security and Privacy Policies to understand the risks involved and the limitations on our liability before using our services.​
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