Category Archives: Altcoin

Altcoin – Investopedia


Altcoins are the alternative cryptocurrencieslaunched after the success of Bitcoin. Generally, theyproject themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages. As the term 'altcoins' means all cryptocurrencieswhich are not Bitcoin, there are hundreds of altcoins.

"Altcoin" is a combination of two words: "alt" and "coin"; alt signifying 'alternative' and coin signifying (in essence) 'cryptocurrency.'Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin.After the success story of Bitcoin, many other peer-to-peer digital currencies have emerged in an attempt to imitate that success. While Bitcoin was the first cryptocurrency, and remains the best-known, it is now only one of hundreds of cryptocurrencies, which all seek to improve upon Bitcoin in various ways.

Many of the altcoins are built up on the basic framework provided by Bitcoin. Thus most altcoins are peer-to-peer, involve a mining process by which users solve difficult problems to unlock blocks,and offer efficient and cheap ways to carry out transactions on the web. Buteven with many overlapping features,altcoins vary widely from each other - altocoins differ themselves from bitcoin with a range of procedural variations, including different proof-of-work algorithms, different means by which users can sacrifice energy to mine blocks, and application enhancements to increase user anonymity.

The earliest notable altcoin, Namecoin, was based on the Bitcoin code and used the same proof-of-work algorithm- and like Bitcoin, Namecoinis limited to 21 million coins. Introduced in April 2011, Namecoin primarily diverged from Bitcoin by making user domains less visible, allowing users to register and mine usingtheir own .bit domains, which was intended to increaseanonymity and censorship resistance.

Current leading examplesof altcoin includeLitecoin, Dogecoin, Ethereum(2nd to Bitcoin in market capitalization as of May 2018), and Ripple. Litecoin is seen as the closest competitor to Bitcoin.

Introduced in October 2011, shortly after Namecode, Litecoinwas branded as the 'silver to Bitcoin's gold.' Whilefundamentally similar in code and functionality to Bitcoin, Litecoindiffers from Bitcoin in several essential ways.Itallows mining transactions to be approved every 2 1/2 minutes, to Bitcoins 10 minutes, and it also allows for a total of 84 million coins to be created - exactly 4 times higher than Bitcoin's (and Namecon's) 21 million coins. It also uses a different proof-of-work algorithm than Bitcoin- scrypt, a sequential function that is much more memory-hard than most proof-of-work algorithms. This is supposed to make it much more difficult to generate bitcoins, as increasing memory space required for the proof-of-work algorithm reduces the mining speed, and makes it harder for any one user or group of users to dominate the blockchain.

As of May 2018 there are more than 1500 cryptocurrenciesavailable over the internet, all but one of which are altcoins. New cryptocurrenciescan be created at any time; additionally, there are many older cryptocurrencies which are no longer on the market.

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Altcoin - Investopedia

Find The Best Bitcoin, Altcoin, or Multi-Cryptocurrency …

At a glance, it becomes very obvious that the Ledger Nano S is the best bet for if you're an altcoin enthusiast. The Nano S currently supports 26 cryptocurrencies not supported by Trezor or KeepKey.

High market cap coins only supported by the Nano S (and sometimes also the Blue) include Ripple, Stellar, Tron, NEO, VeChain, and Qtum.

If you're interested in securely storing any of the coins that are only supported by the Ledger Nano S, then we'd strongly recommend the Nano S for you.

For those of you who are Bitcoin maximalists or are only interested in coins supported by Trezor devices, this is where things get interesting.

From a user-friendliness standpoint, we favor Trezor's web interface to Ledger's Ledger Live" apps.


While setting up your Trezor device, you'll be prompted to install the "Trezor Bridge". This is a simple application for your computer that will allow your hardware wallet to communicate with the Trezor web wallet interface. Aside from installing the program, you should never even notice it again, so long as you're using the same computer. New computers you want to use will also need to install the bridge.

After setting up the bridge, you'll be able to fully interact with the Trezor web wallet interface. The wallet allows you to seamlessly switch between different supported coin wallets. With the exception of Ethereum, Ethereum Classic, and NEM, you can view your balances, send transactions, and view your addresses for receiving transfers all from this one page.

Ethereum, Ethereum Classic, and NEM are unique in the way they operate. For these cryptocurrencies, Trezor has been integrated with third-party wallets. This means you get all of the security benefits of Trezor but can't use these coins' wallets directly from Trezor's web interface.

With that said, we still find the Trezor's approach to these altcoins more user-friendly than Ledger's app system (which we'll get to just below).

For example, when you click on "Ethereum (ETH)" in the drop-down menu, you'll see the following pop up to use MyEtherWallet or GoCrypto's Ethereum wallet. You can also navigate to these sites directly.

Once at MyEtherWallet, you can select to connect your Trezor device.

After connecting to MyEtherWallet, you can then use your Ethereum addresses to send and receive transactions. Note that you can also use MyEtherWallet in combination with Trezor to store all ERC-20 tokens.


Ledger devices use "Ledger Live", Ledger apps, and some third-party wallet integrations. For those who have used the old Ledger app manager, Ledger live is a big step up for changing between wallets. As the name implies, Ledger Live allows you to view your account balances without having your hardware wallet connected, a feature lacking from Trezor.

What we find most annoying about the Ledger system is the fact that you have to open apps from your device. This means using the hardware every time you want to switch between which wallet apps you're using. While this might sound like a minor inconvenience, it may become super frustrating over time. It's especially cumbersome if you're used to Trezor's seamless switching between wallets.

This shortcoming mostly affects users of the Nano S, as the Blue's touchscreen makes switching between wallets less of a hassle.

All hardware wallets in this guide require users to enter a PIN code to access their device. In a similar vein to the above annoyance, Ledger hardware wallets can be a pain to access. Whereas Trezors have you enter a PIN code on your computer (from an array of numbers shown on the devices), Ledger devices require you to enter your PIN on the hardware itself.

Pin Entry on Ledger Nano S vs Trezor

Again, this is less of an issue for the Ledger Blue, as it's easier to interact with the Blue's touchscreen, compared to the Nano's two button set up.

It's important to note that Ledger's lackluster system is at least partially due to the large number of currencies it supports and its team's dedication to security.


KeepKey uses a simple chrome app for accessing your wallets. While KeepKey boasts even fewer supported cryptocurrencies than Trezor, it offers a pretty great overall user experience for the coins it does support. Unlike the Nano S, we did not have any major frustrations with the KeepKey.

Ledger Nano S

Despite the Ledger Nano S having some annoyances, it's hard to argue this is not the best hardware wallet available. At $99.99, the Nano S is the cheapest hardware wallet while simultaneously offering the most supported cryptocurrencies.

For many, the Nano S is a no brainer just based off of these facts. It's essentially a necessity for altcoin holders, even including popular altcoins like Ripple, Stellar, and Tron.

Even for those who are new to crypto and haven't yet entered into the altcoin waters, you may want to prepare for your seemingly inevitable entry into these markets by opting for the Nano S.

Trezor One & Trezor Model T

The Trezor One (89 ($106) is a tried and true hardware wallet, with a user experience we find better than the Ledger. If you don't need the coin support of Ledgers, then we personally would recommend the Trezor One for this reason. If the roughly $6 difference in price is a deal breaker for you, then you might want to hold off on even purchasing a hardware wallet until you have a larger investment to protect.

Now if you're determined to own a touchscreen hardware wallet, the Model T offers one for about $100 cheaper than the Ledger Blue (~$170 vs $269.99), though it's significantly less pleasing on the eyes. Despite this, it does still offer the touchscreen convenience and slight security benefits while still being able to fit on your keychain.

Ledger Blue

Two words come to mind when looking at the Ledger Blue: "cool" and "unnecessary". For those crypto ballers out there who don't mind shilling out $269.99 for a hardware wallet with less coin support than it's $99.99 counterpart, we see no reason not to.

That being said, the Blue does function as a very easy-to-use choice that offers more coins than non-ledger competitors.

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Find The Best Bitcoin, Altcoin, or Multi-Cryptocurrency ...

GoChain (GO): Here’s Why This Altcoin Might $GO All The …


The need for a faster, friendlier and more decentralized blockchain has led investors to a variety of exchanges this year, searching for viable returns. And while most of the internet chatter on our favorite media sites continues to focus on the loudest competitors in the space (think Tron (TRX) and EOS (EOS) as examples) an exciting crypto-alternative may have slipped past your radar. GoChain (GO) is now getting the attention it deserves as this little-known altcoin consistently leads the market in daily gains.

Announced in February of this year (2018), this blockchain concept, developed to rival Ethereum, quickly made its way to a number of exchanges (includingBinance, where most of this altcoins trading of is done). Since the announcement, a continuous onslaught of positive news and market gains has excited the industry as its competitors stagnate in the current market doldrums we all have experienced.

So, what is GoChain (GO) exactly?

GoChain (GO), whose mainnet was successfully launched earlier this year, is billed as an energy efficient alternative to Ethereum. It is a smart contract platform for dApps with the promise of faster transactions (a lot faster) and increased decentralization. According to their website, GoChain (GO) can provide 1300 transactions per second (compared to Ethereums 13) and can do so with greater decentralization, due to a global network of nodes operated by independent users of the platform.

While these talking-points may sound similar to the rhetoric commonly touted by better-known competitors of the Ethereum killer space, GoChain (GO) has a number of characteristics that investors have started paying closer attention to.

GoChain (GO) is ranked 131 on, and boasts a market capitalization of just under US $40 Million. With its daily volume surpassing US $2.6 Million, there seems to be a lot of room to grow. The price point on this newest crypto darling is still stunningly attractive, hovering near US $.06, despite the 1.02 Billion coins that make up the total supply. In a market surrounded by unicorn valuations (companies with a market cap valued over US $1 Billion) there is a concerted effort by savvy investors to place their fiat in smaller companies, like GoChain (GO), that still have potential to expand.

But what recent developments have the market excited about GoChain (GO)?

October was a busy month for GoChain (GO) as the company exerted its strengths at the annual SanFrancisco Blockchain Week conference. Immediately after the successful conclusion of the conference, the company capitalized on their PR blitz with the announcement of the first decentralized exchange, GODDEX, to be built on the GoChain platform.

GoChain (GO) has started November off with a bang as well, as the company announces a new partnership with LINKCHAIN, a secure supply chain sourcing solution. LINKCHAIN will build its platform on $GO, launching GoChains first security token offering (STO).

GoChain will be providing marketing and fundraising support to LINKCHAIN while assisting in the development of this blockchain-based supply chain solution.

With momentum building and a consistent track record of performance backing the team, GoChain (GO) stands ready to take their platform to the next level. And with the current news of their newest partnership, investors will likely clamor to take advantage of the current price point before this thing explodes in a brand new bull run. And as we watch Gochain (GO) make consistent gains in the near term, we should all be asking ourselves just how far this altcoin could $GO.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up forElite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our fulldisclaimer.

Image courtesy of Pexels

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GoChain (GO): Here's Why This Altcoin Might $GO All The ...

Altcoins Explained | The Best Altcoin Guide for the Beginning …


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By now most of the people have been introduced to or at least have heard of the world of cryptocurrencies on news, especially since the price of Bitcoins has skyrocketed. This rapid growth has not been limited to Bitcoins alone, many Altcoins have also experienced an upsurge in demand.

As the name suggests, Altcoins are alternative (Alt) coins which appear to be alternative to Bitcoins. Bitcoin and altcoins, in general, can have many similarities like- peer to peer transaction, mining process, etc. Various altcoins are trying to target the limitations of Bitcoins, like its long transaction time, lack of anonymity, expensive and difficult mining process and insufficient functionality.

The first altcoin was created in 2011 and it was known as Namecoin. This altcoin was released soon after Bitcoins launch and addressed similar issues trying to solve those through a decentralized network.

Like any other currency, the success of cryptocurrencies to is mainly dependent upon a wide array of parameters like community, hype and more. Let us explain and elaborate the ideas.

As every method can have its own unique advantages and disadvantages, the negatives of the proof of work protocol are listed below:

On the other hand, the proof of stake protocol removes the above-mentioned challenges of a POW protocol through the following features:

Hence, altcoins that use the Proof of Stake protocol are likely to gain greater popularity as neither do they require a high-grade setup nor do they consume a high level of electricity. However, the proof of stake protocol also carries certain loopholes. For instance, if the majority of the tokens are owned by a small group of people, then they themselves will be the validators. Learn more about Proof of work vs Proof of stake.

Steem >> Steem is a platform targeting YouTube creators dependency on advertisements for revenue. It does so by paying their creators in cryptocurrency on the basis of the quality of their content. So, it has features similar to Bitcoin like decentralization as well as unique features such as encouraging people to participate in a community. It is also a lot more stable than Bitcoin, which enables users to use it to buy goods and services.

Ardor>> It appears to be a public blockchain platform that aims to provide blockchain technology of NXT, using child chains that are also known as light blockchains. These child chains can be customized by the end users as well as may be deployed for the individuals own blockchain. It also aims to provide unlimited scalability and Smart Contracts similar to those of Ethereum. The programing language for Ardor is JavaScript.

Ethereum >>It is a blockchain based platform that has decentralized applications and smart contracts that have no single point of failure and are autonomous. Ethereum is written in Turing complete language, which provides it with a broader base to build on and broader markets to enter. It also has a much shorter block time than Bitcoin.

Stratis >> It aims to create private blockchains for corporations. It allowsfor complete sidechains that are non-disruptive to the primary blockchain. It also uses proof of stake method. Stratis has used C# language rather than C++ language.

Litecoin >> Its presents itself as a substitute currency of Bitcoin. It has targeted Bitcoins problem of slow transaction that normally takes around 10 minutes. On the other hand, Litecoin transaction just takes 2.5 minutes. This fast transaction also helps in preventing double-spending attacks. Also, Litecoin uses a cryptographic algorithm called Scrypt, which is less susceptible to custom hardware solutions likeApplication-Specific Integrated Circuits which are increasingly being used by bitcoin miners. This makes it more accessible to the users who wish to participate as miners.

Cardano >>It aims to be a decentralized cryptocurrency, which protects user privacy while allowing regulation simultaneously. Cardano is also a technology platform upon which more financial applications can be built.

Monero >>It wants to create a decentralized network where payments can be made completely anonymously. It tries to maintain a public ledger that stores all the transactions. It is a derivative of CryptoNote and thus uses the CryptoNight Proof of Work as the algorithm. To maintain the users privacy Monero uses ring signature, which allows the user to hide among other transaction outputs, stealth address to hide the receivers address and RingCT to hide the amount of the transaction.

ICO (Initial Coin Offering)>>It is a mean of crowdfunding that is especially centered on cryptocurrencies, which can be a source of capital for startup companies. It is very different from IPO. In an IPO, for instance, when you invest money you are given a certain ownership in the company but in an ICO when you invest, you are given a token of the given company. It may not be worth anything at that time, but in the future, the value can increase exponentially, when it is used a lot and is in high circulation. The token of the company is like a stock, with more money coming in, the token value rises.

Like any other commodity, altcoins are also traded to yield significant rewards. These appear to be a highly volatile market. Thus, one must be cautious while trading. Altcoin marketplaces are governed by the same forces and rule that govern the traditional investments. You can trade them at Cryptocurrency Exchanges like:

This is a Europe based cryptocurrency exchange. It uses 2-factorauthentication, advanced encryption technology and cold storagefor protection. There is no deposit fee required but withdrawal fees vary from currency to currency. There are no limits on cryptocurrency deposits and withdrawal. An order which is not executed immediately will be granted a0.1% rebate on execution. Orders executed immediately will incur a1% execution fee. In early 2015 this site was hacked but they claim that no user funds were affected.

Binance is a multi-language (Chinese, English, Japanese, Korean) exchange platform that focuses on a coin to coin exchange. The platform uses multi-tier and multi-cluster system architecture that provides safety and stability. It is capable of processing 1.4 million orders per second. It also claims to have high liquidity. It even has its own cryptocurrency called Binance Coin. It charges a 0.1% fee for trading and no deposit fee.

The number of people who exchange altcoin keeps increasing constantly. As a new sphere, both Bitcoins and altcoins are risky and have some flaws. However, day by day, new altcoins or the current ones manage to overcome the current obstacles if the industry. As a result, altocins become more famous and commonly used.

We hope this article about altcoins 2018 was helpful.

please make sure you check out our website to learn more about various altcoins, Bitcoins, ICOs and a lot more. Thank you, for next time!

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Altcoins Explained | The Best Altcoin Guide for the Beginning ... | The cryptocurrency exchange of the future | Wefunder

Dear Investors,

Since June 2011, hackers have stolen billions of dollars worth of digital currency from around 30 different exchanges. Many of these exchanges hide in the shadows, lacking fundamental business practices like customer service, and do little other than help people exchange altcoins. So when things go wrong, theres nothing you can do.

Centralized exchanges are the weakest link in the cryptocurrency community and a chain is only as strong as its weakest link. If we believe in the power of decentralization, why are we forced to use centralized trading exchanges that are vulnerable to hacks?

Mt. Gox lost 744,408 BTC in early 2014, Bitcoinica lost 19,000 BTC in 2015, Bitfinex lost 119,756 BTC in 2016, and Bithumb was compromised last year with suspected losses of over $1,000,000 USD.

These hacks will likely continue as cryptocurrencies continue to rise in value. Strict regulations can also put centralized exchanges at risk of closure even without warning.

We believe cryptocurrency to be the most radical shift in transferring assets in history. I founded to provide the most trusted altcoin exchange platform in the world. And the answer to this is creating a decentralized exchange that is not only easy to use but safeguards your tokens.

Our decentralized exchange has no single point of failure, no hackable, central repository, and its entirely trustless. We can all agree that altcoins are going to see explosive growth over the upcoming years. For that to continue, we need a decentralized exchange to give traders a safe, easy way to transfer their tokens.

Our goal is to build this platform together, as a community, that caters to every trader new and experienced to help increase this industrys overall market cap. Were currently at a ~$150B market cap now for altcoins whats stopping this from going to $1T? I believe this market is just getting started and by building a decentralized platform that puts you in control of your tokens, we can make a positive impact in this market, regardless of whether you use or not

A rising tide lifts all boats, and we want to bring altcoin trading to the masses in time. But to start were building something for the community, with the community, through open feedback loops for product improvements, and a secure platform everyone can trust. Long story short, we want traders to feel safe while trading cryptocurrencies, and we want to build this exchange with the cryptocurrency community together.


Andrew GazdeckiFounder,

Original post: | The cryptocurrency exchange of the future | Wefunder

Android Bitcoin ~ Altcoin Price Ticker ~ Coin Maker

In order to keep up with the wave, you need to be well informed about current prices and market volumes. Its hard to do so manually, in order to get rid of the trouble of logging into exchanges and not being able to receiveprice notifications you will need to install Bitcoin Checker. Its a price ticker featuring alerts according to your needs. After downloading and installing all you have to do is choose your favorite coins and exchanges and let the application do the rest.

After choosing the pairs you want to track you can set the update interval of the pair in order for the application to know when to pull info from the specified exchange. Another thing you can do is set alarms for your favorite coins. For example, you can define the value of a coin and get an alarm when the value is greater or lower than defined, another option is that you can set an alarm for any percentage change. Alarms include Sound, Vibration and LED blinking.Another option Bitcoin Checker provides is the Alarm via Text-To-Speech where the price alert is announced.

Bitcoin Checker offers you the option to add a widget to your phones main screen with your chosen pairs with a refresh button so you can get all the pairs refreshed at once.

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Android Bitcoin ~ Altcoin Price Ticker ~ Coin Maker

7 Altcoin Exchanges Without KYC & AML – CoinSutra

If you are, you have come to the right place.

I am going to tell you about a few altcoin exchanges that allow you to trade without going through the KYC and AML check. Not only this, there are no withdrawal or deposit limits to stop you from buying/selling bags of altcoins.

Needless to say, this will be the norm once the decentralized exchanges increase their market share, which I think is going to take a while.

Until then, we can use these services, some of which are centralized and some of which are decentralized, to avoid KYC and AML to protect your privacy.

1. Changelly

Changelly,a centralized cryptocurrency swapping service, which does not push you to complete the KYC or AML in order to use its services.

There is no ID verification registration that you need to do for using their services. For enhanced security, you can even use this service with a VPN.

This method, however, requires you to have supporting altcoins like LTC/ETH/DASHetc to exchange for BTC or any other supporting currency. If you have altcoins, you can buy Bitcoins in seconds with no verification using Changelly.

Use ShapeShift Now

2. BitShares

BitShares is decentralized exchange based on graphene blockchain technology.

As it is a decentralized exchange, there is no need for any verification, KYC or AML, before using this service.

Opening an account on BitShares is quite easy as it doesnt require any registration or KYC to start with. The only thing that you need to take care is your login password and username because that is what will help you in case something goes wrong.

Your password will look something like: P5KSgr3tMUE4vLo9uwWJScsD5sQYg6BLa7QCT3e9XTe6C

Thevolumeat the time of writing on this exchange is 1900 BTC which is fairly decent for a decentralized exchange with no AML or KYC.

Use OpenLedger Dex Now

3.CryptoBridge Dex

CryptoBrige is another decentralized exchange which has come up only recently.

Being a decentralized exchange means this too doesnt require any AML or KYC. They also have their native token called BCO which you can hold and stake to receive bonus rewards from the CryptoBridge exchange. If you want to deep dive into BCO and CryptoBridge, read this detailed guide on CryptoBridge DEX.

The login process is quite simple where you simply need to select a unique username post which a cryptographic password will be generated automatically which you need to note down and keep safely.

The password will look something like:P5K19WQQp1WWtWQjXwDA2cmPpoyqJhcCfhqYQt5TFC4tW

Thevolume at the time of writingon this exchange is 201 BTC which is not a bad number for a decentralized exchange with 56 cryptocurrencies/crypto assets pairs listed on it.

Use Crypto Bridge Dex Now

Also see:

How to Stake BCO on CryptoBridge Decentralised Exchange [Tutorial]

4. BitMEX

Bitmex is another centralized exchange which doesnt require you to undergo AML and KYC for deposit and withdrawals.

Despite it being a predominantly BTC exchange, you will also find some altcoins like DASH, Cardano, Bitcoin Cash, Ethereum, Ethereum Classic etc.

When you use the Bitmex exchange, you need not worry about liquidity because it has a humongous volume of over 126,000 BTC with a ranking in top 10 on CMC.

Join Bitmex

5.Bisq (aka BitSquare)

BitSquare is a peer-to-peer marketplace forcryptocurrencieslikeBTC, ETH etc. It is a fully decentralized exchange which requires no name, email ID or verification so there is no question of KYC or AML.

Also, your privacy is secured because it uses Tor and doesnt hold fiat or bitcoins on their serversor in their account. Currently, itsupports 126 cryptocurrencies(including BTC) and is available on Windows, Mac and Linux platforms. The trade volumes, however, are low.

Thevolume at the time of writingon this exchange is 4 BTC with 11 cryptocurrencies/crypto assets pairs listed on it.

Here is an introductory video on Bitsquare:

6. EtherDelta

EtherDelta is an altcoin exchange only for Ethereum based tokens also know as ERC 20 tokens.

It is also a decentralized exchange so there are no deposit or withdrawal limits or any requirement of AML or KYC.

The only drawback of this exchange is the speed as everything you do on this exchange is smart contract-powered and requires you to pay GAS price.

Thevolume at the time of writingon this exchange is 1308 BTC with 335+ cryptocurrencies/crypto assets pairs listed on it.

Note: Do not leave your cryptos on EtherDeltas contracts. Instead you can use this exchange safely without worrying about hacks via Ledger Nano S (Link Ledger Nano S & EtherDelta Article)

Join EtherDelta


IDEX is the most advanced decentralized exchange for Ethereum-based tokens.

It has gas-free cancels and limit orders which you will not find in EtherDelta. Being a decentralized exchange means that one doesnt need to go through AML or KYC verification for trading on it.

To get started on IDEX, you can simply create a new account and save your private keys offline and also use this exchange in tandem with Ledger Nano S without the fear of getting hacked.

Thevolume at the time of writingon this exchange is 590 BTC with +100 cryptocurrencies/crypto assets pairs listed on it.



I think not requiring AML and KYC will become more mainstream this year because a lot of decentralized exchanges are in the pipeline which may put the centralized exchanges under pressure to get rid of the KYC requirements.

Also, having AML and KYC goes against the basic tenant of decentralized currencies which is why we are witnessing the unprecedented development of decentralized infrastructure which is putting privacy at the forefront.

Well, that is all from my side.

Now it is time to hear from you: If you know more altcoin and cryptocurrency services that dont require AML & KYC, share it with us in the comment section below.

Some hand-picked articles for further reading onCoinSutra:

7 Altcoin Exchanges Without KYC & AML - CoinSutra

Altcoin News Archives – Ethereum World News

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Altcoin News Archives - Ethereum World News

How to Choose Which Altcoin to Invest In? –

Jun 30, 2016 at 12:58 // Price

The emergence and growth of the popularity of the alternative currency Bitcoin has led to the creation of many other cryptocurrencies based on Bitcoin Blockchain code. All these cryptocurrency have the generic name - Altcoins.

More new coins appear on the financial market often and immediately become the object of investment. To increase the investment attractiveness of altcoins in the network we receive information about the specifics of digital currencies which have more advantages than Bitcoin. For example, the possibility of producing more coins, the speed of transaction verification, and so forth. For Bitcoin developers, the development of their own innovations is more important, while other altcoins can be hardly regarded as competitive.

But investors are looking for any other possibilities to save and increase their wealth, as for them, the most important thing is the investment attractiveness of one or the other cryptocurrency. And if tomorrow the price, for example, of Litecoin will grow much faster than Bitcoin, investors will have a desire to sell Bitcoin and buy Litecoin.

In this article, we will try to uncover what criteria investors use to evaluate the investment attractiveness of altcoins. The main rule of the trader in the market is to follow the trend. If the trend is up, you need to buy, if trend is downward - you should sell. To start, we will take a look at the most popular altcoins, which are offshoot projects of Bitcoin.

This cryptocurrency was launched in 2011. Unlike Bitcoin, which has a limited number of 21 million coins, the number of Litecoins is four times higher - 84 million. Moreover, Litecoin transactions are also four times faster than Bitcoin - 2.5 minutes for Litecoin vs. 10 minutes for Bitcoin. Litecoin is characterized by high volatility and high volume on the trading market.

A relatively new exchange unit, which unlike other cryptocurrencies, can serve as a means for sharing resources using smart contracts. ETH is often called as cryptographic fuel, which is necessary for the Ethereum platform to work. Therefore, ETH generally has an interest for specialists who develop and disseminate decentralized applications.

Since the issue of ETH is limited, its price is expected to increase over time.

Peercoin is considered to be a self-cryptocurrency, which has an improved security system and a special algorithm. Payments in this cryptocurrency can be sent around the world. The mining has low expenses, as there is no need for enhanced maintenance of equipment to achieve the minimum commission for transfer payments.

The basis of this cryptocurrency algorithm was adopted from Litecoin. The number of coins in circulation can be unlimited. The DOGE price is first calculated against Bitcoin and then multiplied by the ratio of Bitcoin exchange rate against the US Dollar.

Neu is a relatively young cryptocurrency. Its launch was initiated in early 2015. Initially Neucoin was developed for the micropayment market below $1. However, in September 2015 Neucoins value reached 14 USD per 1000 Neu, which forced investors to pay attention to this altcoin. A characteristic feature of this altcoin is high volatility in the market.

To make it clear how altcoin prices change on the market, lets take a look at one of the examples. This is a graphical analysis of the Litecoin price over the past 2.5 years:

Dynamics of LTC/BTC exchange rates in June 2016

The dynamics of the price of LTC/BTC from 2014 to 1st half of 2016

The dynamics of the price of LTC and the BTC against the US Dollar from 2014 to 1st half of 2016

As you can see in the charts, the Litecoin price against the US Dollar and Bitcoin has been steadily declining. Thus, advantages of Litecoin over Bitcoin had no effect on the price increase of Litecoin. However, considering these charts it is difficult to assume a rising trend for Litecoin.

Similarly, we can try to analyze the direction of the trend of any other altcoin.

Using the review of the major altcoins we will try to identify the top-5 most important criteria when buying cryptocurrency.

1. Investment attractiveness. The rising cost of a cryptocurrency over a time interval is an important criterion when selecting an object of investment. Stable growth for 2-3 years speaks to the confidence of players in the cryptocurrency. Moreover, using collected information, the investor should be aware of the direction of the trend.

2. The cost of production of coins - a factor that consistently affects the market value of the coin.

3. The number of coins that can be mined. An unlimited number of coins in circulation have a negative impact on the growth of altcoin price. Too limited a number of coins can also scare away investors.

4. The volume of sales and the number of participants. The more activity around a certain cryptocurrency, the greater the likelihood of its price growing.

5. Appearance on the cryptocurrency exchanges and partnerships with other existing payment systems. It is important to select the exchange with higher prices, and for depositing or withdrawing funds when buying or selling cryptocurrency.

Each investor must independently determine the feasibility of buying a particular investment instrument.

This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency.

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How to Choose Which Altcoin to Invest In? -

Altcoin News | Altcoin News today | Latest Altcoin News

Would you like to get more Altcoin News? Then this category is exactly for you take a look at the list of the most important Altcoin News. If you are not sure what an Altcoin is, lets make it clear: it is an alternative cryptocurrency to Bitcoin. Its name is already self-explanatory: alt stands for alternative and coin is a typical title for digital currencies. After the success of Bitcoin many different cryptocurrencies were introduced, which followed Bitcoins blockchain fundamentals although in different variations. There are some considerations that there are more than 1400 altcoins and you can find the most important ones mentioned in the Altcoin News today section. To name just a few: ether, dash, monero, neo, ada etc. Even though these cryptocurrencies are based on the same principles as Bitcoin, they differ in purposes, structure and technology, therefore they cannot be considered as completely unified. To learn more about particular aspects of each currency, take a look at the most relevant Altcoin News today and analyze each digital currency separately. The characteristics you should pay attention to is information about mining details, block sizes, transaction fees, transaction speeds etc. Have a look through the Latest Altcoin News on a regular basis and you will find out more about these types of infos. Digital currencies are evolving and changing very quickly so the situation can shift unexpectedly. Thats why its worth spending some time reading the Latest Altcoin News and insights from the field. Bitcoin in not the only important cryptocurrency so it will be interesting to see what opportunities Altcoins will offer in the future.

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Altcoin News | Altcoin News today | Latest Altcoin News