Altcoins are the alternatives of Bitcoin. They are cryptocurrencies, just not Bitcoin. Some of the well-known altcoins are Ethereum, Ripple and Litecoin.

As altcoins are not as well-known as Bitcoin, the first ever cryptocurrency, it is reasonable that the volatility for the altcoin market is relatively lower. Though it’s not exactly a good thing when it comes to cryptocurrency trading, this has make the transaction fee for altcoins much more lower than Bitcoin’s.

For instance, the transaction fee needed for Ripple is just a fraction of the amount Bitcoin transaction is charging. …

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