$BTC It is possible to conditionally identify four types of cryptocurrencies: bitcoin, altcoins, stablecoins, and tokens. First of all, it should be noted that there is a single cryptocurrency that has the status of a separate asset outside of the main categories — this is Bitcoin (BTC). Bitcoin is the first and most popular cryptocurrency that is traded on Binance and other exchanges.

Altcoins, which were created after bitcoin, represent all cryptocurrencies except for the first cryptocurrency, their market share in the cryptocurrency market in 2024 is about 40%.

Stablecoins are cryptocurrencies whose value is supported by certain assets, such as strong fiat currencies (US dollar, euro, etc.), commodity values (such as gold), or other cryptocurrencies, which reduces price volatility.

TOKENS

Cryptocurrency tokens are created based on other blockchains, such as Ethereum or BNB Chain.