Can i buy altcoin with ETH? if yes, how?

[benjoburger]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

Chances are, when BTC has a pull back; altcoin will increase in value.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

[TheUltraElite]

There is a site known as shapeshift which allows conversion of crypotcurrencies. https://shapeshift.io

Not just ethereum to altcoin but any other altcoin to another altcoin conversion is also possible. Now not all altcoins are listed there, but majority of them are there and you can use them. I hope you can find the specific altcoin that you want.

Their service is also not free. There is a fee for conversion and the conversion occurs at current market price. So keep a tab on the price and do the exchange as you deem fit.

Also majority of exchanges allow purchase of altcoins with ether and USDT. I use HitBTC and they do allow that.

[haroldtee]

A poll would not have been necessary cause the answer obviously is yes, so it does not require opinions. That is why we have exchanges and most of them, if not all, allow users to trade other altcoins directly with ETH. You can make use of either Bittrex or Poloniex as they seem more reliable at the moment.

However, if you are looking for an inbuilt exchange in a wallet, you can make use of Exodus desktop wallet or browse more for other ones, but you should know that the altcoins are limited compared to what you will have normally in major exchanges, but they have shapeshift integrated into their system to make that possible within the wallet and I mentioned them cause of their good support.

[mukeymon]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

Chances are, when BTC has a pull back; altcoin will increase in value.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

Bitcoin value is $ 7,400 LOL, but the exchange of altcoin with ETH is a daily occurrence. This is where you can buy all the altcoin you want with ETH instead of BTC: https://etherdelta.com Every transaction only accepts ETH as a form of payment

[bitorama]

a lot of exchanges can do this, just use google

[nurlela]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

Chances are, when BTC has a pull back; altcoin will increase in value.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

all you have to do is go to an exchanger like etherdelta, bittrex, poloniex or the other. lots of altcoin that can be bought using eth.
etherdelta exchange is the easiest to use. just import your account to etherdelta.

[Red-Apple]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

whether bitcoin is  $1 or $1000000000 you still are trading with bitcoin and when you make a profit you make profit on that bitcoin.

let me break it down for you.
when bitcoin is $7000 and you invest 1BTC in an altcoin that is being pumped and make lets say 50% profit (the least amount of profit you can make from a pump, the normal is at least 200%) that is 1.5BTC in the end or in other words $3500 pure profit. and meanwhile bitcoin goes from $7000 to $7500 so your 0.5BTC profit also gives you another profit of an additional $250

Chances are, when BTC has a pull back; altcoin will increase in value.

there is also another chance that the crash of altcoins means no recovery for a long time for most of them.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

people who cash out, cash fiat out and stay out of the market that is crashing. they usually don't risk re-entering altcoins that have been getting dumped and by then probably have only dead cat bounces.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

so you build that up to say ETH will recover from the dump that is currently going on?
yes it is possible after it bottoms out, it can have a little recovery.

[VitKoyn]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

Chances are, when BTC has a pull back; altcoin will increase in value.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

There are some multi assets wallet like Coinomi and Exodus that have a built in exchange, you can use it to exchange your Ethereum to other altcoins or Ethereum tokens. Shapeshift and Changelly also lets you convert any altcoins to other altcoins without creating any account, you just have to select the input and outputs. For example your input is Ethereum and output is Bitcoin, provide the destination Bitcoin address and it will generate address where you will send your Ethereum.

[shenjing85]

I think alomst all the exchanges offer the ETH/BTC pair that you can buy btc with your eth, Then you can buy any altcoin with your btc.

[randythered]

Nearly all exchanges have eth/alt pairs, however I would not count on alts rising when bitcoin falls in price, if it is a really sharp fall a lot of money may flow back to fiat etc. Although logic would suggest BTC price falling would lead to alts rising in value relative to BTC this is often not the case.

[Vaflia]

Altcoins tend to grow more when the day of bitcoin. Ie. if bitcoin falls 20% then we can expect the growth of each altcoin at least 30%. IMHO.

[Nativelake]

My stragity is buy Alts in Eth ... Sell for Btc.. Check coinmarketcap.com for markets available for the coin you choose. Then buy dip ...sell the pump.. Good luck 

[MI6]

there are some markets that have ETH - ALTCOIN pair, or you can try Etherdelta, there are a lot of altcoin can buy there with ETH. but with a low volume do it with your own risk

[JeffBrad12]

I've realised that for new entry to crypto as of now ($7000/btc), it doesn't make any sense to purchase altcoin with the current BTC exchange rate.

Chances are, when BTC has a pull back; altcoin will increase in value.

But the capital appreciation from altcoin will knock off by the decreased value in BTC when we cash out to fiat currency.

SOOOOOOOO, the big question is...can I purchase altcoin with ETH?

And you can, i don't care about the current price of the bitcoin. You should purchase various altcoin through the major exchange site and about the wallet i suggest you use or download eidoo wallet. it seems to be a very reliable wallet right now.
Bitcoin gets its traction on the bitcoin's price. We are waiting for another correction to the bitcoin asap. I believe that will be happening in the future.
Ethereum already traded in everywhere just like bitcoin.

[mahimonliner]

You can buy altcoins with etherium from EtherDelta. This exchange is quite good, and has got many altcoins.
And obviously these days trading btc is not profitable.

[mahimonliner]

there are some markets that have ETH - ALTCOIN pair, or you can try Etherdelta, there are a lot of altcoin can buy there with ETH. but with a low volume do it with your own risk

why trading on etherdelta is slow?? I mean if i put my coins on Current price but it doesn't sold.

[Zandar]

Practicly every exchange server has the ability of an ETH market as well, where you can easily buy alt coins with ETH. But beware, just because BTC is rising does not mean the alt coins are declining, while their BTC worth becomes less due to the BTC rise, their dollar worth is practicly still the same. For example ETH was a few months ago still around 300$ give or take but also around 0.09 BTC worth. Now BTCs dollar worth has more than doubled so ETHs worth has now become around 0.04 BTC while still being around the same dollar worth as back then.
So in short, those that bought alt coins stayed at roughly at same dollar worth, but got halved their BTC worth. And those that didn't spend their BTC on alt coins have doubled their dollar worth while still having the same BTC amount and due to this can now buy twice the amount of alt coins.

[chidrawarster]

The best exchanges in the market are etherdelta and bittrex and many more. I suggest etherdelta i feel its easy to use and user friendly as well. Just import the coins to etherdelta and carry out the buy and sell quantity of altcoins. ETH almost supports all types of altcoins and is easy in terms of buying and selling the coins.I would still see the volume increasing day by day in etherdelta.

[DaFingIs]

YEs you can buy altcoins with Ether and, personally, I prefer to. The fees and wait times with Bitcoin are considerably higher!

[thenextking]

Eth is death