Altcoins
Buy and Sell Altcoins
Want to diversify your holdings?
There are now thousands of cryptocurrencies other than Bitcoin available to trade. Vancouver Cryptocurrency Exchange offers ETH, ADA, DOGE, XRP, DOT, MATIC, and many more. Buying and selling altcoins is the same process as buying Bitcoin at Vancouver Crypto. Get in touch today to schedule a trade for the digital asset of your choice!
What is an Altcoin?
Bitcoin first arrived in 2008 as the first cryptocurrency. As the crypto markets progressed, new cryptocurrencies were developed with alternative purposes and features. Generally, the prices of alt coins are more volatile than that of Bitcoin, making them exciting but riskier investments.
A few of the most popular altcoins:
Ethereum
Offers a decentralized platform to build dApps, run smart contracts and act as a supercomputer.
Ripple
Designed to increase liquidity, lower spreads and drive payment volume, enabling real-time global payments.
Bitcoin Cash
A fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow, scale, and offer cheap transactions.
Litecoin
An early spinoff of Bitcoin that can handle higher transaction volume due to more frequent block generation.
Monero
Monero uses a cryptographically sound system that allows users to send and receive payments across its network with complete privacy.
Chainlink
Chainlink provides decentralized, oracle-as-a-service to blockchains and smart contracts that require data from the real world.
So should you invest in altcoins?
As with most investments, many crypto investors and advisors believe that an ideal strategy involves diversification. In other words, instead of holding Bitcoin as your only digital asset, some may allocating a certain percentage of your crypto portfolio to other altcoins.
On the other hand, some believe that Bitcoin is the only true cryptocurrency and will be the only coin left with any real value.
Interested in learning more about different altcoins and discussing potential investment strategies? We’re happy to help!
Get in Touch
Contact us today with any questions you have or to set up a trade. We look forward to hearing from you!
- 604-356-4882
- hello@cryptovancouver.ca
- 400 − 601 West Broadway
Vancouver BC V5Z 4C2