Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Altcoin

Well this term is something like Alt+ coin, where Alt is the short term for alternative. That being said, Altcoins are the alternative cryptocurrencies to Bitcoin.

When Bitcoin was successfully launched, altcoins were introduced, projecting themselves as a better alternative to Bitcoins.

The term is still used among traders to refer to lower cap cryptocurrencies.

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