This content is for educational purposes only and is not financial advice. bunq doesn't give trading advice. Always do your own research or consult a qualified financial advisor before making any investment decisions. Cryptocurrency investments come with risks, including the potential loss of the principal invested. Prices can fluctuate significantly. bunq Crypto is powered by our partner Kraken.

An altcoin is any cryptocurrency other than Bitcoin. The name simply means "alternative coin." Thousands exist today, each with different technology, use cases, and risk profiles, from established platforms like Ethereum to newer networks built for speed, privacy, or specific applications.

What counts as an altcoin?

Bitcoin was the first cryptocurrency. Everything launched after it falls under the altcoin umbrella, even major assets with large market caps. That includes:

Platform coins. Tokens like ETH and SOL that power blockchains where developers build apps.

Stablecoins. Assets pegged to fiat currencies, designed to hold a steadier value.

Utility tokens. Coins tied to a specific product, service, or governance system within an ecosystem.

Not all altcoins are equal. Some have strong adoption and clear use cases; others are speculative projects with limited track records.

Why people invest in altcoins

Altcoins offer exposure beyond Bitcoin's design. Some investors look for faster transaction networks, smart contract capabilities, or early-stage growth potential. Others diversify across several assets to spread risk within the crypto market.

That potential comes with higher uncertainty. Many altcoins are more volatile than Bitcoin and can lose value quickly. Research each asset individually before buying, market cap, technology, and real-world usage all matter.

Exploring altcoins with bunq

With bunq, you can buy and sell a range of cryptocurrencies directly in the app, including popular altcoins, starting from as little as €1. Track your portfolio alongside your savings and everyday accounts, with crypto held securely through our partner Kraken.

Want a lower-risk balance? Pair your crypto exploration with a Savings Account or browse other investment options in the same app.

Frequently asked questions

Is Ethereum an altcoin?

Yes, by definition, it's not Bitcoin. In practice, Ethereum is often discussed separately because of its size and role as a platform for apps and DeFi.

Are altcoins riskier than Bitcoin?

Often, yes. Smaller or newer altcoins tend to be more volatile and less liquid. Bitcoin has the longest track record, but no cryptocurrency is risk-free.

How do I choose which altcoin to buy?

Start with your goals and risk tolerance. Look at what problem the project solves, who uses it, and how it compares to alternatives. Do your own research or speak with a qualified financial advisor before committing funds.