Types of Cryptocurrencies

Bitcoin

Bitcoin (BTC) is the first cryptocurrency, created in 2009. Often called "digital gold," it has a fixed supply and serves as a store of value and medium of exchange.

Stablecoins

Stablecoins are pegged to fiat currencies (e.g. USD). USDT and USDC aim to maintain a 1:1 price with the dollar. They are used for trading and reducing volatility exposure.

Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. Examples include Ethereum (ETH), Solana (SOL), and Cardano (ADA). They often offer different features or use cases.

Tokens

Tokens are built on existing blockchains (e.g. Ethereum). They can represent assets, governance rights, or access to services. NFTs are a type of token.