Author

Topic: Exchange markets for altcoin (Read 338 times)

legendary
Activity: 1092
Merit: 1000
October 28, 2016, 11:25:16 AM
#3
I have a tough time understanding something: I can trade cryptocurrencies using poloniex but i can not actually trade directly with usd. So where do you go first if you have usd trying to buy bitcoin/altcoin. And where do you go if you want to chash out some bitcoin/altcoin into usd?
I tried coinbase but they have a problem with paper verification in my country therefore i can not exchange usd into crypto. And second i am not a fan of the fact that they have to mane your private keys which is the whole reason many of these got hacked. What i trying to understand is what would a good, safe , low fees "workflow" look like?
ex: you go here exchange usd into.... then you go here trade.. then you go here and exchange crypto back into usd and cash out.
If i have missed anything from this pseudo structure please let me know.

Thank you for your help

OK,

You confused me.
Coinbase has a problem with paper verification in your country?
Do you mean your ID?
Details?

What Country are you in?
And what is the default currency there?


 Cool


Plus why did you start another topic with the exact same question?
sr. member
Activity: 406
Merit: 250
October 28, 2016, 11:20:35 AM
#2
I don't typically trade altcoins however I have used poloniex before and they seem good, they also offer funding as well. If you are not looking to actually exchange coins and just trade derivatives based on the price you could try bitmex.
newbie
Activity: 58
Merit: 0
October 28, 2016, 06:09:04 AM
#1
What are the safest known markets where i can exchange my usd into bitcoin or altcoin and viceversa?
Also i heard that transaction fees are pretty big on some of those so your expert advice will be most welcomed
Thank you
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