Best method to buy onto an altcoin exchange starting with fiat?

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Quote from: thegoatiest on July 26, 2018, 03:27:48 AM

Hello.
Im wandering what the best way to get onto an exchange using fiat currency is?
Theres two options ive read about:
1,)
Purachasing btc or ethereum on coinbase or localbitcoin. Then sending the btc/eth to an exchange such as bittrex.
Cons to this being you have to pay two lots of fees... coinbase plus bittrex.
2) use kraken to trade fiat direct to many other altcoins. Con being it's slow to lock in price (which with the volatility seems like a game breaker..)

Have i understood this correctly?
Is the best method: wait for a dip in eth price. Buy on coinbase with a bank transfer (1.49% vs 3.99% on debit card)
Then transfer to exchange such as bittrex.
Or is there a better way?.. perhaps without two lots of fees or waiting around with currency/coins in limbo.

Id like the option of buying into altcoins. So sticking with coinbase/localbitcoin isnt an option..
Thanks for any advice in advance!!!
Tg

I think there are lot of other exchanges other than kraken allows the people to buy the crypto currency with fiat,but I never used any of them yet because I always buy altcoins for short term trading material with my bitcoin so I never needed any other options yet.

StealthPay

newbie

Activity: 128

Merit: 0

StealthPay allows you to buy any altcoin on Cryptopia or Bittrex with 20 different payment methods. Here are some easy steps to go:

1) Get a Stealth (XST) address on Cryptopia.co.nz or Bittrex.com
2) Go to www.stealthpay.com
3) Click on "Buy Stealth", fill in the relevant fields and click "Order Now".
4) In the "Payment Method" choose any fiat payment method you wish.
5) Follow the displayed instructions.
6) After you receive your Stealth (XST), sell them on Cryptopia or Bittrex against BTC, LTC or DOGE.
7) Buy any altcoin you wish with that BTC, LTC or DOGE.

www.StealthPay.com

ItDoesntExist

jr. member

Activity: 110

Merit: 4

Bittrex.com now accepts USD deposits worldwide except a few places in the US, their verification is very simple and takes only a few hours.

thegoatiest

member

Activity: 200

Merit: 12

Hello.
Im wandering what the best way to get onto an exchange using fiat currency is?
Theres two options ive read about:
1,)
Purachasing btc or ethereum on coinbase or localbitcoin. Then sending the btc/eth to an exchange such as bittrex.
Cons to this being you have to pay two lots of fees... coinbase plus bittrex.
2) use kraken to trade fiat direct to many other altcoins. Con being it's slow to lock in price (which with the volatility seems like a game breaker..)

Have i understood this correctly?
Is the best method: wait for a dip in eth price. Buy on coinbase with a bank transfer (1.49% vs 3.99% on debit card)
Then transfer to exchange such as bittrex.
Or is there a better way?.. perhaps without two lots of fees or waiting around with currency/coins in limbo.

Id like the option of buying into altcoins. So sticking with coinbase/localbitcoin isnt an option..
Thanks for any advice in advance!!!
Tg

Topic: Best method to buy onto an altcoin exchange starting with fiat? (Read 141 times)