HOW MANY TYPES OF CRYPTOCURRENCIES COINS AND WHAT IS THE POPULAR CRYPTOCURRENCY EXCHANGE ON MARKET

After understanding how cryptocurrencies work, we will next discuss the types of cryptocurrencies traded on the blockchain market.

Bitcoin
Bitcoin is the first and most popular type of cryptocurrency among crypto investors. This one currency was created in 2008 by an internet persona named Satoshi Nakamoto. Initially, the bitcoin cryptocurrency price was set at $1 per chip. However, now the price has soared to $ 20 thousand per piece.

Altcoins
Altcoin is a type of cryptocurrency as a term that refers to any coin except Bitcoin. The word “altcoin” means “alternative to Bitcoin”.
As it is known that bitcoin has complicated mathematical computations. Well altcoins were created as a simple form of bitcoin.
To date, hundreds of altcoin brands have been created, such as Peercoin, Litecoin, Dogecoin, Auroracoin, and Namecoin