Altcoin Exchanges (Where to Buy Altcoins)

 

The altcoin market has absolutely exploded!

As a beginner to altcoins, it might be difficult to find the exchange you need. That’s why we have gathered the exchanges here.

Find the best altcoin exchange for your needs based on:

  • User experience
  • Selection of altcoins
  • Security
  • Reputation

Message to new visitors:

Some sites only accept BTC deposits, click here for a list of Bitcoin exchanges.

All Altcoins In Alphabetical Order

  • A
    AdEx currency code: ADX
    Aelf currency code: ELF
    Aion currency code: AION
    Aragon currency code: ANT
    Ardor currency code: ARDR
    ARK currency code: ARK
    Augur currency code: REP
  • B
    Basic Attention Token currency code: BAT
    Binance Coin currency code: BNB
    Bitcoin currency code: BTC
    Bitcoin Cash currency code: BCH
    Bitcoin Diamond currency code: BCD
    Bitcoin Gold currency code: BTG
    Bitcoin Private currency code: BTCP
    BitShares currency code: BTS
    Byteball Bytes currency code: GBYTE
    Bytecoin currency code: BCN
    Bytom currency code: BTM
  • C
    Cardano currency code: ADA
    Centrality currency code: CENNZ
    ChainLink currency code: LINK
    Civic currency code: CVC
  • D
    Dash currency code: DASH
    Decentraland currency code: MANA
    Decred currency code: DCR
    Dentacoin currency code: DCN
    DentCoin currency code: DENT
    Digibyte currency code: DGB
    DigixDAO currency code: DGD
    Dogecoin currency code: DOGE
  • E
    Einsteinium currency code: EMC2
    Elastos currency code: ELA
    Electroneum currency code: ETN
    Enjin Coin currency code: ENJ
    EOS currency code: EOS
    Ethereum currency code: ETH
    Ethereum Classic currency code: ETC
    ETHLend currency code: LEND
    Ethos currency code: ETHOS
  • F
    Factom currency code: FCT
    FunFair currency code: FUN
    Fusion currency code: FSN
  • G
    GameCredits currency code: GAME
    GAS currency code: GAS
    Gnosis currency code: GNO
    Golem currency code: GNT
    GXChain currency code: GXS
  • H
    Horizon State currency code: HST
  • I
    ICON currency code: ICX
    IOStoken currency code: IOST
    IoT Chain currency code: ITC
    IOTA currency code: MIOTA
  • K
    Kin currency code: KIN
    Komodo currency code: KMD
    Kucoin Shares currency code: KCS
    KyberNetwork currency code: KNC
  • L
    LBRY Credits currency code: LBC
    Lisk currency code: LSK
    Litecoin currency code: LTC
    Litecoin Cash currency code: LCC
    Loom Network currency code: LOOM
    Loopring currency code: LRC
  • M
    MaidSafeCoin currency code: MAID
    Metal currency code: MTL
    Mithril currency code: MITH
    Monaco currency code: MCO
    Monero currency code: XMR
  • N
    coin currency code: NMC
    Nano currency code: NANO
    NAV Coin currency code: NAV
    Neblio currency code: NEBL
    NEM currency code: XEM
    NEO currency code: NEO
    Nexus currency code: NXS
    Nucleus Vision currency code: NCASH
    Nxt currency code: NXT
  • O
    OmiseGO currency code: OMG
    Ontology currency code: ONT
  • P
    PacCoin currency code: PAC
    Peercoin currency code: PPC
    PIVX currency code: PIVX
    Po.et currency code: POE
    Polymath currency code: POLY
    Populous currency code: PPT
    Potcoin currency code: POT
    Power Ledger currency code: POWR
    Pundi X currency code: NPXS
  • Q
    QASH currency code: QASH
    Qtum currency code: QTUM
    Quantstamp currency code: QSP
  • R
    Ravencoin currency code: RVN
    Reddcoin currency code: RDD
    Request currency code: REQ
    Ripple currency code: XRP
    Rise currency code: RISE
  • S
    SALT currency code: SALT
    Siacoin currency code: SC
    SmartCash currency code: SMART
    Sports Coin currency code: SOC
    Status currency code: SNT
    Steem currency code: STEEM
    Stellar Lumens currency code: XLM
    Stratis currency code: STRAT
    Syscoin currency code: SYS
  • T
    TenX currency code: PAY
    Tether currency code: USDT
    TRON currency code: TRX
  • V
    VeChain currency code: VET
    Verge currency code: XVG
    Vertcoin currency code: VTC
  • W
    Walton currency code: WTC
    Wanchain currency code: WAN
    Waves currency code: WAVES
    WAX currency code: WAX
  • Y
    YOYOW currency code: YOYO
  • Z
    Zcash currency code: ZEC
    ZCoin currency code: XZC
    Zilliqa currency code: ZIL

 

Binance

Binance started out in China in 2017. It is currently the fastest growing exchange for altcoins and they offer a wide range of different trading pairs. Binance offers great customer service and one of the best user experiences in the business right now.

Binance has very low fees (as low as 0.05%). They have great communication with their customers and regularly offer competitions with cryptocurrency and other prices.

Binance does not require any verification for trading or withdrawing up to 2BTC per day. You can buy with your credit or debit card!

 

 

Pros

  • Great user experience
  • Good support
  • Wide range of coins
  • Low fees

Cons

  • Registration sometimes closed

 

To read more about Binance click here.

 

IQ Option

 

IQ Option is an altcoin exchange based out of Cyprus. They do offer the same great user experience as some of the other altcoin exchanges and their major strength is the extremely wide range of cryptocurrencies they offer.

IqOption is known to have almost every altcoin out there. If you are looking for the next hidden gem with a lot of potentials, IqOption is the exchange to be at. Currently, they offer more than 250 different altcoins, ranging from large caps such as Ethereum and Bitcoin Cash to completely unknown small caps.

Their customer service is however known for being slow, especially now that the demand for altcoins has skyrocketed. To handle scaling issues, they do close down registrations in order to not disturb the user experience of current customers.

 

Pros

  • Widest range of cryptocurrencies of any exchange
  • A lot of small caps
  • Offers USDT trading

Cons

  • Support often slow
  • User experience is not as good as many competitors

 

To read more about IQ Option click here.

 

Kucoin

 

Kucoin is another Asian exchange similar to Binance. It recently opened and was founded through an ICO. As a newcomer to the altcoin scene they offer great customer service and deals. If you wish to become an affiliate they have a very lucrative program that you can join.

They offer trading pairs in their own token, KCS, USDT, BTC, ETH and NEO. 

Kucoin also offers competitions for the community where you can win both cryptocurrency prices and other things such as cars or hardware.

Trading fees are at 0.1%. Withdrawal fees vary depending on the asset and can be quite expensive at times.

 

Pros

  • Good user experience
  • Offers NEO trading pair
  • Involved with the community
  • Wide range of altcoins

Cons

  • High withdrawal fees at times

 

What Are Altcoins?

 

The term “altcoins” refer to alternative coins to Bitcoin. In 2009, Bitcoin was the only cryptocurrency around. In the years since thousands of new coins have popped up looking to solve a wide array of problems. Most of them are based on the same blockchain technology as Bitcoin but often with different attributes to serve their purpose as best possible. Examples of some of the most well-known ones are:

 

  • Ethereum
  • Litecoin
  • BCash
  • Monero
  • Ripple

 

More and more exchanges are now offering trading pairs for altcoins as well and the overall market cap for altcoins is growing exponentially.

Altcoins are generally more volatile than Bitcoin, as their market cap is smaller and a lower volume can move the price significantly compared to Bitcoin. A lot of altcoin projects are also more centralized and if one party holds a majority of all coins, this party could crash the entire market value by flooding the exchanges with his or her coins.

 

What Is an ICO?

 

There are different ways to launch a new altcoin. Developers are often out to make money for themselves and for this purpose and ICO is perfect.

ICO stands for an initial coin offering. It is similar to a stock market IPO, but with a few differences.

  • All investments are made with cryptocurrency
  • ICO’s are not launched by banks, but usually by the team themselves on a platform that serves as an on-ramp for money to invest. Some well-known platforms for investing in ICO’s are Ethereum, NEO, Cardano and Stratis.

ICO’s often look to raise money before they offer a working product. Be careful when investing in ICO as it is a very popular way to scam new investors in the cryptocurrency space.

 

Buying and Storing Altcoins

 

Most altcoins do not have any FIAT ($, € or £) pairs. Instead, they are most commonly traded against $BTC or $ETH as many altcoin exchanges does not accept FIAT deposits.

If you wish to buy an altcoin, you may have to buy Bitcoin or Ethereum first. We have a list of exchanges here and guides on how to transfer and store it.

Most altcoin exchanges do not require you to verify your account, however, your withdrawal limits may be limited. Keep in mind most altcoin exchanges are not regulated and you are trading at your own risk. There is always a possibility that the exchange will be hacked or decide to steal the funds.

Right now the demand for altcoin exchanges is booming and many of the most popular ones have been forced to close registration at certain times in order to not ruin the user experience of existing users.

If this is the case, we will list the best alternatives to this exchange. Usually, registrations open again within a few weeks, however, so make sure you stay up to date on Coinworld to find out when you are able to register again.

 

Storing Altcoins

 

All smaller altcoins are not supported by hardware wallets yet. ERC20 tokens on the Ethereum blockchain can be stored on the Nano Ledger S by using MyEtherWallet.

If possible, we always recommend you move all of your coins off exchanges as soon as you don’t need to trade them. If this is not possible, you can either use the projects own software wallet or store the cryptocurrency on the exchange.

If you choose the latter option, which is not recommended by sometimes most practical, make sure to use a safe 2-Factor Authentication. Most exchanges offer Google Authenticator.

Make sure to remove any connections to your phone number on the google account you choose to connect your 2-Factor Authentication to. Many traders have been hacked by people stealing their phone number and resetting the 2-Factor Authentication in order to access your exchange account.

There is always a risk that exchanges will be hacked and thus the only way to make sure your cryptocurrency is safe is by holding the private keys yourself.

If you do not take safety precautions to store your cryptocurrency safely, you may lose your funds permanently. If they are stolen, there is no one who can help you to retrieve them.

 

Exchange Support

 

Most exchanges offer faster support through messaging apps such as Telegram than via E-mail or support forms on their website. Even though, as their user base is growing at a very rapid pace currently, support may be slow. Exchanges are adding hundreds of thousands of new users every day and are unable to process all of the incoming questions.

Make sure to educate yourself before investing so you make sure that you will need as little assistance as possible from the exchanges themselves as it can be very frustrating waiting for replies when a lot of money is on the line.

This is not investment advice

 

We are professional investors however, this guide is written from our point of view. This is not in any shape or form investment advice. We do not advise you do invest in altcoins or anything else. Any trades or deposits you do at an exchange is at your own risk.