ALP coin is the internal token of the BTC-Alpha cryptocurrency exchange. The ALP token does not provide its holders with the ownership of BTC-Alpha dividends or shares. Rather, the holder of the ALP coin becomes a verified and registered BTC-Alpha user. Furthermore, ALP coin tokens can be used to pay for listing new coins. Listing is the procedure where users include a token in the list of crypto assets admitted to trading.

The Ethereum ecosystem, particularly ERC-20, has developed the ALP coin. The reason behind using the ERC-20 protocol is that it is supported by most crypto wallets and crypto exchanges working with Ethereum. The ALC token also complies with the Cryptocurrency Security Standard (CCSS) and security standards ISO / IEC 27001.

The whitepaper of BTC-Alpha states that a significant feature of this asset is the regular burning process. When an amount of assets is burned, the emission rate is reduced. Subsequently, this helps in affecting the price of the asset. The total number of ALP tokens cannot exceed a limit of 100 million.

Furthermore, BTC-Alpha is planning to implement the token into the exchange's ecosystem gradually. The company's main goal is to establish a strategic partnership with leading crypto wallets and payments systems.

The BTC-Alpha is a European cryptocurrency exchange and has been operating and actively developing in the market since 2015. The CEO and cofounder of BTC-Alpha is an entrepreneur named Vitalii Bodnar, hailing from Ukraine.

The BTC-Alpha team has been mining and developing in the field of crypto trading. The result of coordinated teamwork is launching a reliable, constantly evolving trading platform. In October 2019, the team launched the ALP coin internal exchange token.