- 1 Altcoin, an alternative to the oldest cryptocurrency, holds approximately 80% of the crypto ecosystem.
- 2 With a count of more than 5,000 altcoins, it becomes easy for traders to generate profits from the crypto market.
1 山寨幣是最古老的加密貨幣的替代品,佔據了加密生態系統約 80% 的份額。
2 山寨幣數量超過 5,000 種,交易者可以輕鬆地從加密市場中獲利。
Picturing a digital currency that can be valued as similar to fiat currency is a dream come true. The introduction of Bitcoin to the world made it possible whereas the launching of altcoin simply strengthened the crypto market in the financial ecosystem. Altcoins are introduced to the crypto market with the purpose of improving aspects of Bitcoin (BTC) including transaction speed, and energy efficiency.
想像一種可以與法定貨幣類似的數位貨幣是一個夢想成真。比特幣的引入使之成為可能,而山寨幣的推出只是強化了金融生態系統中的加密市場。山寨幣被引入加密市場,目的是改善比特幣 (BTC) 的各個方面,包括交易速度和能源效率。
What are the Alternatives of Bitcoin?
比特幣的替代品有哪些?
In January 2009, with the introduction of BTC, a new idea of altcoin came into existence. The idea was to improve the aspects of BTC, mainly the energy efficiency and transaction speed. Altcoin is a big part of the crypto ecosystem making it essential for every crypto investor to understand the concept in-depth.
2009年1月,隨著BTC的推出,一種新的山寨幣概念應運而生。這個想法是為了改善比特幣的各個方面,主要是能源效率和交易速度。山寨幣是加密貨幣生態系統的重要組成部分,因此每個加密貨幣投資者都必須深入了解這個概念。
Altcoin is a combination of “alternative” and “coin” and is mainly used to include all digital assets and tokens. In simple terms, altcoin is an alternative cryptocurrency to BTC which often shares functionality and code. Some of the main coins include Dogecoin (DOGE), Litecoin (LTC), and Ether (ETH).
Altcoin是「alternative」和「coin」的組合,主要用於包含所有數位資產和代幣。簡單來說,山寨幣是 BTC 的替代加密貨幣,它通常會共用功能和程式碼。一些主要的貨幣包括狗狗幣 (DOGE)、萊特幣 (LTC) 和以太幣 (ETH)。
Altcoin holds little value when compared to BTC and is thinly traded. Despite this, the best altcoins are drafted to enhance efficiency, improve transaction speed, and offer other specialized benefits.
與 BTC 相比,山寨幣的價值很小,而且交易量很少。儘管如此,最好的山寨幣還是為了提高效率、提高交易速度並提供其他專門的好處而設計的。
Let’s take a look at the process of buying and selling altcoin.
讓我們來看看購買和出售山寨幣的過程。
Platforms to Buy and Sell Altcoin
買賣山寨幣的平台
The alternative cryptocurrency can be purchased from different exchanges following a simple procedure. Some of the common cryptocurrency exchanges from where these altcoins can be purchased are Crypto.com, Coinbase, KuCoin, Binance, or eToro. However, users are requested to review the platform before making a choice.
The alternative cryptocurrency can be purchased from different exchanges following a simple procedure. Some of the common cryptocurrency exchanges from where these altcoins can be purchased are Crypto.com, Coinbase, KuCoin, Binance, or eToro. However, users are requested to review the platform before making a choice.
The process of buying Altcoin slightly alters with the change in platform. However, the basic work is mostly similar and straightforward.
購買山寨幣的過程隨著平台的變化而略有不同。然而,基本工作大多相似且簡單。
Purchasing Altcoin is risky and thus separating the portfolio into different risk layers helps in minimizing the risk. Learning more about altcoin and various features related to the selected coin will help in making a good purchase. The next step is to exchange fiat currency for digital assets, if not supporting the US dollar, investors need to purchase supported cryptocurrency and then swap them for altcoins on the exchange. The purchase can be done using a credit card or actual currency depending on the compatibility of the exchange. The next thing to focus on is the selection of relevant exchanges which can be selected by focusing on factors such as reputation, availability of the coin, and fees.
購買山寨幣是有風險的,因此將投資組合分成不同的風險層有助於最大限度地降低風險。了解有關山寨幣以及與所選硬幣相關的各種功能的更多資訊將有助於做出明智的購買。下一步是將法幣兌換成數位資產,如果不支持美元,投資者需要購買支持的加密貨幣,然後在交易所兌換成山寨幣。可以使用信用卡或實際貨幣進行購買,具體取決於交易所的兼容性。接下來要關注的是相關交易所的選擇,可以根據聲譽、幣種的可用性和費用等因素來選擇。
Connecting the Web3 wallet with the exchange is the next important process to adopt. Looking forward to the conditions, if the conditions look promising, you are all set to execute the trade. If trading for the first time, then place an order for the respective Altoin on the exchange.
將 Web3 錢包與交易所連接是下一個要採用的重要流程。期待條件,如果條件看起來有希望,那麼您就可以執行交易了。如果是第一次交易,請在交易所下單購買相應的 Altoin。
您只需關注銷售程序,登入加密貨幣交易平台,在市場選項卡中選擇山寨幣,輸入您想要出售的代幣數量,然後點擊出售按鈕。
Conclusion
結論
Altcoin, the alternative to BTC, created a strong and unbeatable position in the crypto market in recent years. Dogecoin (DOGE), Litecoin (LTC), and Ether (ETH) are some of the top altcoins that can be traded from exchanges like Crypto.com, Coinbase, KuCoin, Binance, or eToro.
山寨幣作為比特幣的替代品,近年來在加密市場上創造了強大且無與倫比的地位。狗狗幣 (DOGE)、萊特幣 (LTC) 和以太幣 (ETH) 是一些頂級山寨幣,可以在 Crypto.com、Coinbase、KuCoin、Binance 或 eToro 等交易所進行交易。