Dash even works as a corporation with decision making board and a development team concentrating on updates and new features.
What are altcoins?
During trading with altcoins, the pump and dump scheme is often used on the market. The process begins with issuing a white paper, where the owners of the new digital coin details the features and specifics of the cryptocurrency that will be placed to the market altcoin with the initial prices. You can check the ICO Calendar for net newest altcoins, or just follow net Bitcoin Talk forum thread about emerging altcoins. The prices includes the spreads of the platform.
Strong social and media activity also helps trading the values of altcoins. They apply a volume based maker-taker fee schedule.
Bittrex has over altcoin pairs and the list keeps growing. Due to the high volatility of the altcoin markets, the trading profits can be higher compared to forex trading or even compared to bitcoin trading. An other approach is the spread based net, where the platform does not charge specific fees on the orders trading the bid and ask prices of each trade already includes the trading fee.
What is altcoin / crypto trading?
The amount of leverage can be widely different among the sites, the most common leverage used by altcoin trading platform is x, but at couple of places the leverage can be increased up to x. Cryptopia offers different altcoins to trade with, which makes them a one stop shop for alternative cryptocurrencies. It is similar to the IPOs on altcoin exchanges, however during an ICO in stead of shares, a new cryptocurrency is issued to the market.
You trading trade the major altcoins without the need of picking up altcoin technical knowledge of cryptocurrencies, however it is suggested to follow the news associated with the industry to be able to act quickly on major market moves.
The most important altcoins are listed on Coin Market Cap.