Bitcoin Forum

I’m using Binance. Should I buy altcoins using BTC or ETH?? Does is make a difference??

Makes no difference. What do you plan on depositing? ETH would deposit quicker than BTC but both will serve the same purpose

I deposited mainly ETH from GDAX so been buying mainly with ETH. Bought some ICX, IOTA and some others. I’m a newbie to crypto world so was just a bit confused by BTC markets and ETH markets.

In different ways, but usually, the prices are approximately the same that on the ETH that on the BTC

It doesn't make much difference, if you are trading then I would aim to trade in the one you have most hopes for about the price increase in the future. If you are simply buying to hold then it doesn't matter at all.

Thanks, all

ETH is more stable for now. The question is what you keep and what to spend. I always traded ETH. BTC I left to buy items.

You can buy the altcoins with any of the two but if you want to buy quick then buy it with ethereum because the deposit will be quicker however the btc section always has greater volume, so if you want to buy in greater volume then BTC is your choice.

No. you can buy altcoins with either bitcoin or ethereum there is no discount for any on the exchange. But sometimes it is better to exchange the coin that is falling with altcoins than changing with the one that his value is going up.

ETH will have cheaper transaction fees, so I would recommend using it over bitcoin.

As my experience is better to buy it with etherium because you just need to smaller fee than bitcoin.
However, it is not so much different  and i think not much different if you decide to buy any altcois with etherium or bitcoin

I think its faster to transact with ethereum.  IEspecially when withdrawing, I only convert to bitcoin when planning to cash out to fist money.  Depositing eth is faster too,  but its still up to you.

You can buy altcoins either using an ethereum or bitcoin deposit. But now its more recommended to use ethereum because the transaction confirmation are really fast and small fee. Bitcoin takes time to cofirm especially when you only pay a small fee. So go buy an altcoin using your ethereum

The best solution is diversification: buy both BTC and ETH and your chances to have made the right choice will be much bigger :)

yes, you can buy altcoins by using bitcoin and etherum. some altcoin at higher in position i,e ripple, ADA, solaris(xlr). one can buy above coin by using bitcoin and etherum.

I guess alike, buying altcoin using BTC or ETH makes no difference. maybe for a price just a little different

I think you should, you choose the potential altcoins. To risk less failure. And if you succeed then win big ...

The difference would be upon depositing or withdrawing BTC or ETH because it would be more preferable to use ETH since you can have a faster and lower transaction fee compared to bitcoin. When it comes to the price of the coin then it would make no difference because when the coin rise up in value then it would rise whether the base coin is BTC or ETH. There would be more trading volume though when the pair is in BTC compared to ETH but then ETH is more stable in BTC. If you are just depositing to binance then ETH would be better for the reasons stated above.

If you have bitcoin or etherium in your wallet of exchanger then it will make any different to buy any altcoin with etherium or bitcoin.
It will make the different about the fee if you send bitcoin or etherium from your personal wallet to exchnager. If this is your situation, i suggest you to deposit with etherium and buy with etherium.

You should buy eth, eth in 2018 will increase very fast, btc also increase but will be slow.alt will still depend on the price of eth and btc, so you should buy eth or btc.

I think it depend on the markets we have because there are many coin don't have ETH markets but you find markets for both of them you can buy with either BTC or ETH.

in my opinion you should buy altcoins with bitcoins because bitcoin has much more value than etherium, so you can buy more if you use bitcoin as a payment, mostly in etherium have minimum amount of tokens, but in bitcoins there are few but not that much as etherium have

yes, btc fee more expensive than eth fee, and low transaction speed too. that's why many people shift to altcoin, eth is just an example

Well thats teh principle of trading crypto to trade altcoins with bitcoin or ethers. So you can do also do it.

I think you should buy btc first then eth because right now, bitcoin price is down and you can expect to get bitcoin with lower price but make sure that you bought at the right time. and you can buy eth later if the price is down too because now, I see ethereum wants to increase more so waiting is the best thing that you can do. but if you want to buy both bitcoin and eth at the same time then it will fine too especially if you want to use bitcoin and eth as your long term investment.

It actually makes no difference but it does affect if you are sending funds from another account. As compared to BTC, ETH have low transaction fees while bitcoins have a way too high fees which cannot be affordable and may perhaps pretend to give you major loss sometimes. You can always use ETH to bypass this then because ETH does not have much transaction fees and also the transactions are much more fastly confirmed as compared to BTC transactions.

ETH because of cheaper transaction costs I think
and easier, but if the altcoin you want to buy can only be purchased in the BTC form then you have to use BTC, depending on how the Altcoin request

Well When it comes to the price of the altcoins, it would make no difference you buy it with bitcoin of ethereum. What makes difference is the process of buying the altcoin, for a example, if you want to buy in etherdelta if will be more easy to buy the coin from ethereum than bitcoin. Because buying if with bitcoin would required make conversion which will increase the cause or purchasing that coin.

I think watch the hype, an example if you're going to buy an altcoins look where is the cheapest in Ether or Btc then when the time for selling is coming look again and choose the highest. thats All

Buying altcoins using bitcoin or ethereum does not make sense at all, maybe it is just a matter of small price that you can't even see. But i suggests to buy altcoins using ethereum as if offer a lower fees than bitcoin and use bitcoin when converting into fiat because it is the easiest way.