1.0WazirX Guidehttps://wazirx.com/guideharshitahttps://wazirx.com/guide/author/harshita/Altcoin - WazirX Guiderich600338<blockquote class="wp-embedded-content" data-secret="ZVtknYcFOv"><a href="https://wazirx.com/guide/glossary/altcoin/">Altcoin</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wazirx.com/guide/glossary/altcoin/embed/#?secret=ZVtknYcFOv" width="600" height="338" title="“Altcoin” — WazirX Guide" data-secret="ZVtknYcFOv" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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The term "Altcoin" combines the words "alternative" and "coin." It is frequently used to refer to all digital currencies and tokens other than Bitcoin. Altcoins are a part of the blockchains that they were specifically created for. Many alternative currencies, like ether used in Ethereum to pay transaction fees, are employed within their respective blockchains to carry out specific tasks.