The serial port was its own separate board. https://www.youtube.com/watch?v=RaYTd3dbXeM
There were two very clever I/O ideas that emerged for the Altair: (1) A radio on top of the housing would pick up a signal, allowing audio output! (2) A cassette tape recorder could be used as an external storage device, though I forget how it interfaced... the serial board, I think.
It had a keyboard and video board, rather than a terminal. The monitor was open chassis to boot (ah the old days when we didn’t protect children from lethal electricity).
It had a ROM monitor and cassette tape. You had to type in (in hex) a short machine language program into the monitor to load BASIC from a cassette. We simply never turned it off.
I tried ti enter the bootstrap through the front panel once, but I made some mistake, and it didn’t work. It was an awful enough experience I never tried again.