Bitcoin Forum
May 26, 2024, 10:32:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Exchange markets for altcoin  (Read 1192 times)
rapazev
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
November 03, 2016, 02:20:17 PM
 #21

I did check those buy it seems that kraken takes huge fees when you deposit usd as well when you cash out.They have a 15$ minimum fee both ways.
That seems like a lot, are there any smarter alternatives?
that depends... there are a lot of places to do that but your country might have the same problems as coinbase.

And second i am not a fan of the fact that they have to mane your private keys which is the whole reason many of these got hacked.

that isnt a problem... just dont hold your bitcoins there. buy and send to somewhere safer.

in my country i've found good options but i dont know where are you from so it's hard to help, you should try localbitcoins, xapo, changer, or even poloniex(buying tether at their website and sending USDT to poloniex)
dnadave83
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
January 11, 2017, 07:14:29 PM
 #22

1) Go to kraken and deposit USD|EUR
2) Buy bitcoins on kraken
3) Withdraw your bitcoins from kraken to Poloniex (biggest altcoins volume market)

When you want to cash-out :

4) Sell all your altcoins on Poloniex for bitcoins
5) Withdraw your bitcoins from poloniex to kraken
6) Sell your bitcoins on kraken
7) Withdraws your $$ from kraken


I was thinking off this but if say BTC dropped massively you could loose the value off your Altcoins when converting them to to BTC then to dollars. I thought what if you convert your altcoins to USDT as that matches the doller then convert the USDT to USD?? i might be wrong im still new to this
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!