Hi
How I did it (not sure if it's the best method though)
Create an account at mtgox
Fund the account using a wire transfer (you'll have to wait a couple of days)
Buy bitcoins at mtgox
Create an account at vircurex
Go to the accounts tab
Generate a bitcoin address (BTC = Bitcoin) which will show up in the "deposit" column and is a long string of letters and numbers
Now you go back to mtgox to funding options, go to the "withdraw funds" tab
Choose bitcoins, enter the amount and you BTC address at vircurex
Hit confirm and a little while after you will have your bitcoins at vircurex
At Vircurex you can purchase different altcoins
Hope this helps to get you started
Topic: Need help understading buying and selling (Read 1469 times)
I'm completely new to this whole crypto currency thing so I don't understand most of the terms like btc and hash just yet. I've read the wiki and Faqs but I'm still a bit confused. How exactly do you buy/sell say bitcoins, dogecoins, ect with national currency? Or better yet how do I read the currency stats. If anyone wouldn't mind showing me some examples I'd really appreciate it. Also any other tips would be helpful, I'm using/plan on using dogecoins and just got my wallet if that helps.
Jump to: