Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cipherer on November 11, 2017, 12:33:09 PM



Title: BCC exchange to BTC
Post by: cipherer on November 11, 2017, 12:33:09 PM
Is it possible to exchange BCC Cash in BTC?
I mean without selling.


Title: Re: BCC exchange to BTC
Post by: Tankdestroyer on November 11, 2017, 12:40:51 PM
Is it possible to exchange BCC Cash in BTC?
I mean without selling.
You need to sell it on exchanges in order to convert bcc to btc. If you are looking for other methods, you can try transacting peer to peer which is quite risky, seek help from escrow in order to lessen risk in this transaction. Let me just ask why don't you want to sell it on exchanges? It would be more convenient for you to have sold it there. Conversion would also be precise and it carries little to no risk at all. It is also easy to deposit it on exchanges so why bother converting it without selling there?


Title: Re: BCC exchange to BTC
Post by: BitcoinReseller on November 11, 2017, 12:45:09 PM
Is it possible to exchange BCC Cash in BTC?
I mean without selling.

yes you can, i use Bittrex to do this, here is simple tutorial for how to use bittrex :
https://bitcointalk.org/index.php?topic=2078292.0


Title: Re: BCC exchange to BTC
Post by: cipherer on November 11, 2017, 12:48:35 PM
Yes that is possible, I thougt it is indirect, because i have tot convert to euro/dollar. Maybe it can be exchanged directly at lower costs.


Title: Re: BCC exchange to BTC
Post by: BitcoinHodler on November 11, 2017, 12:50:19 PM
in order to exchange one cryptocurrency with another one you need to find someone else to do the exchange with.

- usually people use platforms such as exchanges to find that someone else to do the trade the easiest way.

- you can always find someone on other more peer to peer platforms like forums, other social media and do the trade but at a higher and different kind of risk. which is where escrows come in. you can also use multi signature features for this.

- and finally the newest and most awesome way is to use Atomic Swap. it is a form of smart contract between two peers completely decentralized and without needing any kind of weird platform or anything like that. it is just a side channel. here is the concept:
https://raw.githubusercontent.com/decred/atomicswap/master/workflow.svg?sanitize=true

both bitcoin and bitcoin cash are capable of doing this.
unfortunately i don't have more information that this to share but you can read more here:
https://news.bitcoin.com/this-developer-is-bringing-atomic-swaps-to-the-bitcoin-cash-network/
https://github.com/decred/atomicswap/pull/37


Title: Re: BCC exchange to BTC
Post by: drwhobox on November 11, 2017, 12:53:17 PM
Seriously for a Jr. Member you don't know how to change altcoins?

You need to sell something to earn some Bitcoin with trading (It's Logic Bro.) But, if you can find a buyer directly and buy his/her Altcoin to btc or Btc to altcoin. But, trading peer to peer is really risky you need to get some trusted escrow services for added security for the both of you.


Title: Re: BCC exchange to BTC
Post by: Dullmartini on November 11, 2017, 01:00:46 PM
If you use exodus wallet you can do it seamlessly right from your wallet, no need to go to an exchange. I mean you’re still selling your bcc and buying btc (because that’s how currencies work, the currency you get rid of you are selling - but I’m sure you already know that). But the point is that exodus will do it for you through shapeshift.


Title: Re: BCC exchange to BTC
Post by: cipherer on November 12, 2017, 09:38:44 AM
Seriously for a Jr. Member you don't know how to change altcoins?

You need to sell something to earn some Bitcoin with trading (It's Logic Bro.) But, if you can find a buyer directly and buy his/her Altcoin to btc or Btc to altcoin. But, trading peer to peer is really risky you need to get some trusted escrow services for added security for the both of you.

Of course, I know that, let me explain:
1. When I sell BCC there is delay before I get my money, I want get my money before I buy BTC. So transaction takes long time (hours, even a day!).
2. Delay means risk, because of time.
3. Buying and selling means two times transaction fee's.
4. Selling BCC in Euro/Dollar is (as far as I know) limited to a max of 2.500 par example, I don't like that because it'takes too much time.

So my question remains is it possible to exchange BCC in BTC directly, without peer to peer?


Title: Re: BCC exchange to BTC
Post by: cipherer on November 12, 2017, 09:43:46 AM
in order to exchange one cryptocurrency with another one you need to find someone else to do the exchange with.

- usually people use platforms such as exchanges to find that someone else to do the trade the easiest way.

- you can always find someone on other more peer to peer platforms like forums, other social media and do the trade but at a higher and different kind of risk. which is where escrows come in. you can also use multi signature features for this.

- and finally the newest and most awesome way is to use Atomic Swap. it is a form of smart contract between two peers completely decentralized and without needing any kind of weird platform or anything like that. it is just a side channel. here is the concept:
https://raw.githubusercontent.com/decred/atomicswap/master/workflow.svg?sanitize=true

both bitcoin and bitcoin cash are capable of doing this.
unfortunately i don't have more information that this to share but you can read more here:
https://news.bitcoin.com/this-developer-is-bringing-atomic-swaps-to-the-bitcoin-cash-network/
https://github.com/decred/atomicswap/pull/37

Thank you, this is very interesting. I have still questions about security, but I will study first.


Title: Re: BCC exchange to BTC
Post by: cryptonianz on November 12, 2017, 09:47:45 AM
Bittrex & Poloniex

At least those I have seen it available!


Title: Re: BCC exchange to BTC
Post by: DRVX on November 12, 2017, 08:18:30 PM
Several reliable exchanges do these operations. You can visit Bittrex for instance. You can also go here https://changelly.com/ and do the exchange there.