Buying altcoins with ? - page 3. | Bitcointalksearch.org

ActiveP

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

Yeah, in most cases bitcoin is the primary currency. But it is not a must, alts like zcash, monero, ethereum are easy to buy outside exchanges and you can use them to purchase your alts.

WSDN

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find some local sell bitcoin in your country... buy some then deposit to bittrex and buy alt coin. Cheesy

kryptqnick

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

I sent some btc to my bittrex balance and then was buying coins for it. However, I am sure you can choose other coins to start. Just login on bittrex and go to the 'wallets' section. There you will see zero balance in btc, eth, ltc and some other coins. I think you can just click to '+' button near the coin you want to start with and send it to your bittrex account. I haven't done it myself but when I push the plus button near any alt I don't have - it offers me to send the money there.

jamalnasir

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-coinbase doesn't work in Pakistan
-bitfinex has stopped wire transfers as per their website
-litebit.eu seems to work i think but it doesn't have much choice in currencies

any other exchange where I can deposit in USD and buy the altcoins?

the only reason am not buying BT for conversion into altcoins is that bitcoin's price is quite high and it will cost me more if I buy it through BT compared to USD.

ruclassic

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You have to buy Bitcoin first then you can convert BTC into altcoin through trading.

131tc01n

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Of course you can buy bitcoin first to get altcoin. Because bitcoin is the digital currency used to transact.

Drnice

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if you want to buy altcoin(s), you go to an exchange site create a profile and fund it with some Bitcoin, then you can by any altcoin you want through that site.

Svelto

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Usually we use BTC to buy Alt coins. ETH and USDT (not USD) can be used too, but there isn’t much choice of Alt coins you can buy as compared to Bitcoin. You can try posting a thread in market place to trade with forum members but remember to use escrow.

Snub

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there are some exchanges where you can deposit USD and directly buy altcoin without buying BTC first but it will always be easier to buy BTC first then send it to an exchange and then buy some altcoin you want

dealung

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

To my knowledge for bittrex can only be bitcoin and altcoin. But for other exchanger it can be, so we just deposit usd and can trade bitcoin or altcoin. If I am not mistaken bitfinex and coinbase can be.

kolap

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

You can buy some altcoins on litebit.eu

jamalnasir

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thanks everyone, its quite strange that first one has to buy bitcoin and only then can but alt-coins. Bitcoin is at record high these days so am waiting for it to go down a bit but in the meantime other currencies can go up... Roll Eyes

is there no way one can just directly buy alt-coins? Huh

Makka

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

Are you buying other cryptocurrencies for trading purposes? Because some other uses such as gambling, you can easily reload through fiat, although like 2 or other cryptos only. If it is for trading purposes, you will have to go through BTC first. But it is very easy and quick. No hassle.

Vanester2014

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if you are holding a bitcoins then you can simply goes to exchange and trade it to any altcoins that you want to buy but if you are holding a fiat money then more easy if for you to use is shapeshift i see a lot of people using this exchange for fiat money or wire transfer

electronicash

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its always that simple though. its like hwo you do it on fiat which most forex brokers accept usd/other fiat. same thing goes with btc/altcoins. you will need btc to buy other altcoins. there are some tokens which can only be bought with ETH by the way.

Jdope

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Most likely you'll need to buy bitcoin then trade it for alts on an exchange, coinbase can be a good place to buy bitcoin with fiat if they're available in your country

Emmanueltd

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SC is the crypto that i am buying it

Velkro

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

Its always easier to convert to other crypto from BTC because there are not so many exchanges dedicated to specific ALT.
Just easier

uraharasan

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Quote from: jamalnasir on August 23, 2017, 10:37:08 AM

Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

First you must buy Bitcoin then deposit to the exchange site then buy altcoin with your bitcoin.
you also can read this https://www.altcointrading.net/how-to-buy-altcoins/

jamalnasir

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Can someone please explain if I want to buy crypto-currencies apart from bitcoin is it possible or do I've to first buy bitcoin, transfer it to exchange and then convert it?

I checked bittrex but couldn't find something useful..

Topic: Buying altcoins with ? - page 3. (Read 1460 times)