Bitcoin Forum

I just became aware of Bittrex when searching for a place to purchase some Ripple. I was wondering if this is the best option or place to buy from for that currency?
I was also going to pick up some more BTC and Ether but was planning on using GDAX for the first time. Now I see that i can purchase all through Bittrex. Is one better than the other? would I be better off using Bittrex for Ripple and GDAX for BTC/ETH? I want to make sure i make a safe educated purchase before pulling the trigger. Any help would be greatly appreciated. If Im way off with the sites i was going to use Im definitely open to recommendations as well.

Does anyone know if you can transfer from ether of these sites into blockchain for Ether/BTC for holding your currency? I have been searching high and low for the answer.

Thanks

I have used Bittrex for years and found them to be very reliable.

Thank you. the more I read it sounds really nice to have a 1 stop shop. However, i dont want to leave all my money in their wallets just incase. Do you know if its possible for me to transfer for ex: my BTC i buy there into blockchain and vice versa?

as what I'm reading inside this forum and also reading after searching about this exchange I seen more people are satisfied than those who's
frustrated due to there own experiences I guess its better way asking people around here who already using the platform to have their own
opinion is a good way to learn.

You can do whatever you want to with the coins you bought on the exchange, but be aware that if you withdraw coins a fee of xx% will be taken out by the exchange.

newbie here. I have been using bittrex for a little while now and no issues. I buy BTC from another site and deposit into bittrex and then, purchase other cryptos for fun.

Well you will have to be very particular about which coins you are going to buy. Like Ethereum , mostly everyone knew that Ethereum has a future and will surely be a successful coin. Like 6 months back the price of 1 ETH was like 11 USD and today I has touched like 400 USD (approx). So I feel that after Ethereum if there is any other coin then it is Monero (XMR). I personally feel that I might buy a bunch of Monero now and then after few years I'll see my wallet and would be very much astonished to see it.

Bittrex has probably the most number of coins to choose from so best exchange from that point.
For some smaller altcoins not on bittrex, use cryptopia.
GDAX(Coinbase) is good for transferring your fiat currency in and buy BTC/ETH/LTC with it. After that, send that
BTC/ETH/LTC over to bittrex and buy whatever altcoins you want. That's how I'm using it mostly.

If i understood what i read correctly there is now a way on bitterx to exchange one coin for another which i believe is really just selling one by them on the open market and purchasing another coin you requested. i will see if i can find where i thought i read that. I looked at quite a few sites this am so hopefully im not confusing that.

Here it is. If you click on "the lab" drop down it will talk about "any2any".

Any2Any allows you to easily convert one digital currency to another by market selling one currency and market buying the other.

    The price is not guaranteed. It is an estimate based on the current orderbook
    You may have some dust left over from the trades
    The standard trade fees apply

Any2Any is being retooled. Thanks for your feedback!

WONDERFUL I was just looked at how to purchase through them. It says only choice via bank wire. Then it has in red letters "wire transfer closed" since may. I guess Im going to have to jump through hurdles still and buy somewhere else like GDAX and then transfer to them if there is a coin they have i want. I guess its not a one stop shop.

Yes you are right, you can’t buy cryptocurrencies with Fiat even in bigger exchange such as Bittrex or Poloniex. At this moment, Coin check accept fiat deposit in JPY but there are quite a number of complaints of poor support.

I signed up on coinbase and am limited to a $500 wk minimum. Does anyone else know of a site that allows you larger purchases? Im waiting for my new ID (expired) from the DMV and they wont take my passport which blows my mind why?

Thanks alot

Or you can just buy ripples on Poloniex, i really like that exchange because you can do it fast and easy, you dont have the obligation to put your ID in order to be able to buy some cryptos.
But yes, ripples is in the top 5, so you can buy it in almost all the exchanges that are on the internet right now. But check it on coinmarketcap.com, it will tell you where it is more cheap to buy them.

I just buy bitcoins/ethereum via litebit and send them to the exchanges and than you can trade however you want

does litebit/etherum limit your buys? $500 on coinbase a wk wont do it for me until i can upload an acceptable id by their standards.

Also, is this the etherum site you use to purchase through? https://ethereum.org/

Thanks alot!

I've never had a problem with Bittrex, they're a good solid choice for currency exchange.

And yes, any exchange will allow you to send money blockchain>exchange or vice versa. Is that your question?
All exchanges have the necessary wallets for the currencies they offer, you have to make a new address for yourself
in your account so they know where the money should go.

Bittrex is one of most trustable exchange in the altcoin market. I had many trade there and i never had any problem with them.

It look me like 90 days to get my maximum deposit above $500 on coinbase, even though I followed all their rules and did the ID verify.  It kept saying "to increase your maximum, verify your ID" ... "to increase your maximum, buy $1000 worth of currency" ... then after a while, it just said, "to increase your maximum, wait 90 days" ... plus, my bank charges me international fee to use them, even though they are based in California...

So yeah, if anyone has a better way to move fiat into crypto, I'm interested, too.

Im sorry i meant is this the site you use? I dont know if i can purchase through there or if its only for europe? Im in the states.

https://www.litebit.eu/en/buy

In most cases the prices on exchanges will be largely the same. If one exchange has a substantially lower price than another that would create an arbitrage opportunity which would very quickly get exhausted and thus even the prices out across different platforms. It depends on how much effort you want to put into buying or selling your coins I guess, but in most cases it doesn't matter. I wouldn't pay attention to it if I didn't have hundreds of thousands or millions to throw into cryptos, since that's roughly when the price differences would start adding up.

yes you did. not i just keep running into this $500/ wk purchase rule unless i want to pay for it on localBTC

I have used many exchanges over the years, and Bittrex is by far the best. Poloniex has been known to have issues withdrawing/depositing sometimes. I know people who have waited weeks for them to clear, with no response from support.

I noticed on bitterx they said if you use a card it routes you through coindesk which will obviously take me back to my problem of $500/wk. However, if you do a bankwire there is no mention of it. Since it is now saying i have no acnt there under that email yet i checked the email and have acnt activation conformation i contacted support for help and to ask what the max daily wire allowed is? i will post up once i hear.

Bittrex is my first choice. It is the largest crypto exchanger with lots of crypto choices. Verification is fast and easy plus it allows you to withdraw as high as 1337 btc in one day alone. I haven't heard much people complaining Bittrex compared to other top exchanges like Poloniex.

can i actually buy btc or etherum on that site or do i need to but it on somewhere like coinbse for ex then transfer it there? I did not see the answer on their site as far as funding your bitterx acnt.

Thank you very much!

damn I just signed up to check out Cex.io but im definitely not using them. they charge 7% fees.

they are safe but your information will be revealed and they will hold your identity. therefore, buying/ purchasing cryptocurrencies from an exchanges will somehow dangerous compare to what is going on in the cryptocurrency world

No if you buy non sense coins, icos. The point is to buy good ICOs or Coins. Eth Btc are the safest investments you can do for long term profits.

Bittrex is obviously one of the best and most reliable place to exchange a cryptocurrency. However by transferring the bitcoin or ethereum you bought to blockchain wallet is very possible. It is just the normal way you would perform any transaction with any wallet, so you have nothing to worry about. It is an easy process and all you just have to do is visit your wallets and press the minus sign beside the coin you want to send into another wallet.

I'm curious too. It looks like you can submit an international wire transfer to verify your account. But then you'd have to send an international wire each time to fund your account. My bank charges me $45 for international wires. CoinBase fees are ridiculous, but it does help put things in perspective... With so much credit card fraud, I don't see it being easy for US residents to use LiteBit for purchasing altcoins. There aren't any inexpensive methods that I know of for international bank to bank.

Sorry if this is stupid i just need to ask it to have a calm mind.

I'm storing my Etherum and Bitcoin on Blockchain. I'm storing my Litecoin and Ripple on the Bittrex trading platform. I'm buying through Coinbase and then transferring it to the mentioned wallets. I realize nothing is foolproof or 100% safe however this is what i have come up with through researching options. Input is greatly appreciated if this is a safe method.

That is a very good move. I am happy you have done a huge research on your own and you must have already known why keeping your funds in an exchange wallet is not good. In as much as bittrex has proved themselves to be a reputable exchange over the years, it is still very risky to ever leave your assets as you do not have control over it.

Get approved and link a bank account and your limits will be increased. went through the same process.

I just purchased some more from a bank account not realizing it arrives in 10 days. Does anyone know if i get it at the price i purchased it at today or the price its at in 10 days?

In almost all cases you will get your coins at the rate of the date at which you ordered, not at the rate of the date at which your wire transfer is cleared.

yes you have to be careful in choosing the coins you want to buy. its examples like etherium, many of them prefer eth because eth is safe enough to store their coins, and certainly have a future and become a successful coin.

Bittrex is reliable, but honestly their choices are extremely limited since they hardly add coins these past few months. I'd recommend some exchanges like coinexchange.io or binance

There is lots of exchanges now a days trust worthy hitbtc, Coinexchange , Cryptopia  these are am regularly using platform for trading altcoins. Best one to buy is etherdelta because every coin initially listed in etherdelta where you can buy it for very less price.