by Rohit 

September 12, 2020

Altcoin is short for “Alternative” Coin. Alternative coins are all the coins or tokens in cryptocurrency, except Bitcoin.

The reason is that Bitcoin is considered as main cryptocurrency (being the first one) and all the subsequent coins & tokens are alternative to Bitcoin.

Is Etherium an Altcoin?

Yes, Etherium is an altcoin by the standard understanding of every non-Bitcoin cryptocurrency being called Altcoin.

Is Altcoin a derogatory term?

No, it is not. Some people feel Altcoin as a derogatory term for non-Bitcoin cryptocurrencies, but it is actually a neutral term.

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About the author 

Rohit

A trader and investor with over 11 years in traditional stock markets. Got introduced to cryptocurrencies in 2018 and got hooked. Now spend half of the day in trading cryptocurrencies and another half in researching/reading about the whole ecosystem and cryptocurrencies in specific.

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