The best way to buy altcoin at cheap rate

I want to cover this post from long time that is why i am going to share with you my experience to buy altcoin like NEO, Monero, Steller, Cardano, Dash, Dogecoin, Reddcoin, DigitalNote, IOTA , Syscion, Byticoin, Digibyte ect. You can't buy any of these coin directly with your money from local exchange.

To buy this coins you have to first buy Bitcoin, Litecoin ect. these coin value compared to your money is very high. e.g if you want to buy Bitcoin from your local exchange you have to pay $7,948.84 for 1 BTC as per today value.

You know local exchange not allow you to buy Huge Variety of Altcoin in their exchange because they deal in only major coins. You if you want to buy other coins then you have to go through international big exchanges.

I written a blog on best international exchange Which is the best exchange to buy cryptocurrency? . This exchange provide variety of coin as in mention in the beginning of the post.

Now people who are new in Crytpocurrencey are take wrong step to buy any altcoin and loss loss profit. I to choose wrong way to buy altcoin but after research i find that i can buy coin at cheap rate also.

Let me explain you.

Everyone suggest you to buy altcoin through Bitcoin. They are not expert in crypto world and guiding you wrong. The way you loss you maximum money. I too use this way to buy altcoin before but i find something wrong and correct it. So i want that you also correct your mistake.

Let me explain you with example.

If i want to buy DogeCoin. Today Dogecoin Price(USD) $0.004630. Bitcoin price $7,948.84. I have $100 in my pocket. So first i buy bitcoin for $100. Lets calculate how much bitcoin i get for $100.

I can't calculate according to your local exchange but for representation i am take international exchange. Below it the Screenshot.

You find that for $100 you will get 0.01255534 BTC. Till everything is good. Now you want to transfer BTC to International exchange to buy some altcoin. Now you tranfer your BTC coin to exchange.

You know that what is the Bitcoin fee to transfer you BTC to other address?

Every exchange Average Fee is 0.001 BTC to transfer your Bitcoin to international exchange or other address.

Do you know the value of 0.001BTC in term of USD.

Let me tell you with another screenshot below. If you transfer 0.01255534 BTC to other address then you will get 0.01155534 BTC. So the value of 0.01155534 BTC to USD is 91.66784571 USD

Oh my god you lost 8.5 USD just to Transfer your money to buy atcoin. Now this is huge loss. I lost my Aprox. 9%.
Every new user lost 9% of their money in transfer to buy altcoin.

Now you buy Altcoin of USD value 91.66784571 USD or BTC 0.01155534 BTC

Let see the how much Dogecoin you get

I don't want that you lost this money so that is why i am guiding you.

If i tell you don't buy altcoin with Bitcoin or Don't buy Bitcoin from local exchange. To demonstrate the idea i explain you with example.

Suppose I want buy Ripple instead of Bitcoin from local exchange. Every local exchange provide Ripple in their exchange. There you can directly buy Ripple with USD. So let me buy Ripple for $100. Today ripple price is
$0.93451

So you get 100/0.93451= 107.007950691 XRP

Now if you transfer 107 XRP to international Exchange Which is the best exchange to buy cryptocurrency? . Your local exchange only Charge 0.02 XRP as fee which is equal to $0.03.

Oh my god instead of 8.45 USD fee you only 0.03 USD as fee. Yes my Dear you saved 8.47 USD. isn't save 8.47 USD is good.

This 8.47 is amount enough for Student to eat Burger and to buy more coin.

Now you can directly buy Dogecoin by XRP if exchange provide that kind of platform. If not then sell your 107 XRP to get BTC. Let see what happened if i sell my XRP. How much BTC i get?

Oh my God i get same amount of BTC 0.01253077 which i used to buy at local exchange.

Now from international exchange i love to buy Dogecoin of BTC 0.01253077. Let see how much Dogecoin i will get?

Oh my Got i get 21561.65255696 Dogecoin. Before i only get 19840.97322596 Dogecoin.

21561-19840= 1721

Oh my God You get 1721 extra Dogecoin instead because of my advice.

Conlsuion: Always buy low value altcoin from your local exchange and then buy other altcoin from international exchange. This saves your money.

I feel happy that i am able to help you to save your money.

If your are happy with me and want to give me some reward so i help other users continuously by provide more information in future. Then Donate me on below address. I don't mind if you don't Donate me. Share this post to your friend to help them.

Dogecoin Address: DLpc7MBNvVPj25tave1XLXucc4rnJPa1E3
Ripple Address: rLdinLq5CJood9wdjY9ZCdgycK8KGevkUj XRP Deposit Tag: 1863060
ETHER Address: 0x61719e488cd97dc6f59b2ffc32ef2266f3629152
LITECOIN Address: LewDgjSNKmGDjLAyCpuAYPYmsTieWvG2r1

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