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EnglishIt is important for buyers and users who have just met the cryptocurrency world to be informed about altcoins before making a purchase. You can visit our blog to get more information about altcoins.
What is Altcoin?
Cryptocurrencies containing various algorithm structures in their systems are called Altcoin. In a way, they can be considered derivatives of Bitcoin. Today, there are about 5,000 altcoins in the market. These altcoins are of great interest in exchanges.
You may not find every altcoin on every cryptocurrency exchange. The most important reason for this is that altcoins are insufficient in terms of market volume and do not meet the required demand.
Today, the following algorithms are commonly used in altcoins.
• SHA-256
• Scrypt
• Keccak
• Quark
• Ipo / Shares
The algorithm used by Bitcoin is the SHA-256 encryption algorithm. Litecoin, one of the popular cryptocurrencies, uses the Scrypt algorithm.
Buy Altcoin
You can choose to buy altcoins using Cointral’s crypto trading, online trading network or Cointral physical branches. With Cointral Exchange, you can get more than 1200 altcoins with the lowest commission rates and high liquidity from international exchanges. You can also buy cryptocurrencies with credit card at online.cointral.com. Planning to launch the Ankara branch this year, Cointral provides services to its users abroad in Dubai Deira as well. You can benefit from our OTC services that our expert staff provides professional support and deep liquidity advantage.
You can review the purchasing steps and perform your online transaction safely by browsing this visual guide “Bitcoin”. By investing with your digital assets on Cointral Exchange, you can make advantageous transactions and evaluate your investments. With arbitrage, you can make your short-term investments safely and inexpensively. With live price charts and detailed information on our website, you can thoroughly observe the crypto money market. Follow our social media channels and news page to keep yourself up-to-date with the latest developments about cryptocurrencies.