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Author Topic: can we convert altcoin to bitcoin  (Read 2365 times)
quentincole32
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June 28, 2016, 11:44:43 PM
 #21

no clear concept about altcoins so want some help from u guys.
its impossible to convert altcoin to bitcoin,altcoin just alternative,its will not have same algorithm and crypto structure with bitcoin. the only way to convert altcoin to bitcoin is trade it on exchanges.

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grim007
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June 29, 2016, 12:11:58 AM
 #22

the word itself will help you. altcoin means alternate coin to bitcoin
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June 29, 2016, 12:36:02 AM
 #23

That's what exchange sites are for. But yeah be careful with those ''copy-cat'' sites, make sure you type the URL correctly.
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June 29, 2016, 12:38:10 AM
 #24

no clear concept about altcoins so want some help from u guys.

Like bitcoins altcoins are still cryptocurrency and they work like just bitcoins do. But right now bitcoin is the most profitable but if you want altcoins you can just swap or convert or trade btc to altcoins such as doge, litecoins and others. You can even swap altcoins to bitcoins anytime. All you need is a trading platform to trade your cryptocurrencies and you are ready to go.
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June 29, 2016, 12:57:49 AM
 #25

You can , we calling with Trading . Famous sites is yobit , poloniex , c-cex..
But , be aware with copy-cat sites , and fake trading (because many site run shitty and fake coins )..
You can see in the comment above for the site , also be aware for any kind of scam and malware.

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June 29, 2016, 01:01:32 AM
 #26

You can , we calling with Trading . Famous sites is yobit , poloniex , c-cex..
But , be aware with copy-cat sites , and fake trading (because many site run shitty and fake coins )..
You can see in the comment above for the site , also be aware for any kind of scam and malware.

Funny you mention shitty, fake etc. because I know there are tons of coins that are broken on YoBit... lol. Poloniex is where it is at.
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June 29, 2016, 01:15:21 AM
 #27

It would help if you formulated an intelligent question about exactly what you'd like to know about altcoins.  But as others have said, you join an exchange, you can trade whatever coins you want for bitcoin.  It's pretty damn easy, and it's fun when the markets are a-roiling.  Like now.  Be careful though, because it's very easy to lose everything you have.  The altcoin market is so much more volatile than stocks and those sorts of things.

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DoublerHunter
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June 29, 2016, 03:45:22 AM
 #28

i know about the one coin which we can easily convet in to bitcion and so can covert btocin into one coing. but very honestly i have no idea about alt coin if it can be convert into bitcion or not.
There are many alt coins out there especially on different alt coin exchanger site like bittrex,poloniex,ccex and many more. Yes you can convert bitcoin to altcoin and vice versa with the help of alt coin trading sites.
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June 29, 2016, 03:55:34 AM
 #29

I think the easiest way to convert is from exchanger you can exchange a lot of alt coin into bitcoin and you also can exchange bitcoin to alt coin
There are a lot of trading site such as bittrex or poloniex or yobit
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June 29, 2016, 04:03:15 AM
 #30

no clear concept about altcoins so want some help from u guys.

You can use different exchangers for converting altcoins into btc, or btc into altcoins, you can also trade some coins for dollars, rubles, or euros. I don't know which altcoins you have on mind, but I recommend you to check first is there altcoin you wish to trade with. There is many altcoins, but not every exchange site trade with every coin, so you should be careful when you choosing altcoin and exchanger.
I use yobit mostly, its easy to use and in beginning I was hooked up on free coins. That is my first exchange site and I stayed there, also now I have some referrals and they bring me some money from time to time, noting big but its coming.

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June 29, 2016, 06:22:28 AM
 #31

Yes you can do that... You can exchange altcoins to Bitcoins. For this you can try out some exchanger sites which can exchange altcoins to Bitcoins, but you can also try out trading sites which use different currencies......

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June 29, 2016, 06:52:14 AM
 #32

Use the exchangers that supports this forum through advertising first, if you have to make a decision on which one you would be using. The one that is currently spamming the most is Yobit, so if you are against spamming, use one of the others. ^smile^

We need to support the companies, who supports us. ^hmmmm^

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June 29, 2016, 07:39:10 AM
 #33

Specially depends upon the altcoin you have, if they have listed in any one of the crypto exchanger than you can easily convert them to bitcoin however if those coins have just popped up than you have to wait for few weeks or month to get those listed in exchanger. Some of the big altcoin exchanger are poloniex.com, yobit.net, bittrex.com etc first find if the alt you are intrested is listed or not in those exchanger before grabbing them.

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June 29, 2016, 07:50:38 AM
 #34

It is not that you can convert altcoins to bitcoins you need to trade altcoins for bitcoins that is what called converting is trading so dont be lazy
search for some good trading sites and trade your altcoins for bitcoins it will not go that easy but try.
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June 29, 2016, 07:50:39 AM
 #35

You can convert altcoins to bitcoins but it is not called converting so you need to trade it with other bitcoins and altcoin users you know you needd to trade
your altcoins for their bitcoins. So if you want to convert use the trade maybe you will get a nice deal.
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June 29, 2016, 07:51:22 AM
Last edit: June 29, 2016, 10:58:52 AM by cjmoles
 #36

Yes we can trade bitcoin for altcoin and altcoin for bitcoin.  In fact, it is quite fun to research the various alternative platforms and play around with the differing functions of each of the technologies.  In some situations it is even possible to actually turn a profit with some of the altcoins before converting back to bitcoin.  However, a vast majority of the altcoins are disfunctional and not worthy of investment.
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June 29, 2016, 10:38:11 AM
 #37

no clear concept about altcoins so want some help from u guys.
Yes, most Altcoins are in exchange websites, where you can buy, sell, or exchange.
The Altcoins are just cryptocurrencies that came out after Bitcoin.
Most cryptocurrencies are very good for trading, because their price changes a lot.
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June 30, 2016, 08:55:37 PM
 #38

i think yes there are so many exchange where one can covert bitocin to so many other currencies and other currencies into bitcoin. so you can convert altcoin to bitcoin very easily. you can also convert One coin into bitcoin or bitcoin into altcoin.
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June 30, 2016, 09:04:18 PM
 #39

Yes it is possible when you use exchange for that it is the same story when converting FIAT to bitcoin . but at this time it is better to hold your bitcoin to take note of the market after halving .

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June 30, 2016, 09:09:34 PM
 #40

no clear concept about altcoins so want some help from u guys.
Obviously, that is the whole concept behind trading. You change Bitcoin to Altcoin or vice versa on the right time and become rich. If this wasn't possible, then there would be no trading.
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