Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: Woodford on December 29, 2016, 07:42:50 PM



Title: Question About Poloniex
Post by: Woodford on December 29, 2016, 07:42:50 PM
I'm new to trading and Poloniex. I noticed a set of 4 Tabs under MARKETS. The first tab lists most of the Altcoins. What are the other 3 tabs used for? (ETH, XMR, USDT)?


Title: Re: Question About Poloniex
Post by: Febo on December 29, 2016, 08:44:36 PM
I'm new to trading and Poloniex. I noticed a set of 4 Tabs under MARKETS. The first tab lists most of the Altcoins. What are the other 3 tabs used for? (ETH, XMR, USDT)?

They are diferent curency then Bitcoin.

First tab are different altcoins traded with Bitcoin, or BTC pairs.
Second tab are different altcoins traded with Ethereum, or ETH pairs.
Third tab are different altcoins traded with Monero , or XMR pairs.
Fourth tab are different alltcoins traded with Tether, or USDT pairs. 


Title: Re: Question About Poloniex
Post by: Cryptotraider16 on December 29, 2016, 09:33:43 PM
I'm new to trading and Poloniex. I noticed a set of 4 Tabs under MARKETS. The first tab lists most of the Altcoins. What are the other 3 tabs used for? (ETH, XMR, USDT)?

Welcome to crypto world man 👍🏼🏆


Title: Re: Question About Poloniex
Post by: eddie13 on December 29, 2016, 09:37:38 PM
I'm new to trading and Poloniex. I noticed a set of 4 Tabs under MARKETS. The first tab lists most of the Altcoins. What are the other 3 tabs used for? (ETH, XMR, USDT)?

They are diferent curency then Bitcoin.

First tab are different altcoins traded with Bitcoin, or BTC pairs.
Second tab are different altcoins traded with Ethereum, or ETH pairs.
Third tab are different altcoins traded with Monero , or XMR pairs.
Fourth tab are different alltcoins traded with Tether, or USDT pairs. 

Yes, so instead of trading alts against btc, you are trading alts against whatever other alt the market is.

Good luck out there!! Don't give up too easily, becoming proficient takes time..