How To Buy Other Cryptos With Bitcoin

in #bitcoin8 years ago

Once you have your bitcoin you are then able to buy other cryptos with your bitcoin using an exchange that offers other cryptos such as steem and steem dollars.

To begin buying other cryptos with your newly acquired bitcoin two of the biggest exchanges offering 100s of cryptos are https://poloniex.com and https://bittrex.com/.

The process of opening accounts is fairly standard stuff. Once you have your account open you then need to go to coinbase click on send/request then go to say poloniex click on bitcoin and deposit, copy the code (make sure its the bitcoin deposit else can lose your bitcoin if goes in the wrong place).

With your code from Poloniex copied enter it in to coinbase in the address to send then enter how much bitcoin you want to send over to Poloniex and you are now good to trade.

Wishing you good health and prosperity.

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I use Bittrex every single day and it's very easy to use, no need to be tech savvy ! ^^

Agree Chilluminati its making that first step in to the unknown, wish i had jumped in on bitcoin in 2011 when i first heard about it Lol. @kevinace

I think we all wish that :D Back in the days I was offered to buy 20 btc with 100€ and I refused..
Maybe some other coin will bring us fortune ;) There is many trains to catch, just be careful which one you jump in! ^^

Yes a lot of alt coins I buy and hold a mixture, at'least with some can buy loads for little money, hoping for another bitcoin lol. @kevinace

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