altcoin

noun

UK /ˈɔːltkɔɪn/

US /ˈɔːltkɔɪn/

An altcoin is a digital money that is not Bitcoin.

She bought an altcoin called Ethereum to try something new.

SYNONYMS

cryptocurrency digital coin token virtual currency

RELATED WORDS

Bitcoin blockchain crypto wallet mining exchange

OTHER MEANINGS

2. Any cryptocurrency other than Bitcoin, often created as an alternative or improvement.

Many altcoins aim to fix problems that Bitcoin has.

3. A smaller digital coin that trades alongside major cryptocurrencies.

Traders moved their money from Bitcoin into altcoins.

4. A coin built on another blockchain platform rather than its own.

That altcoin runs on the Ethereum network.