Where to buy/Where to store?

[88lance]

Been researching for days, and have a lot figure out, except how to buy some altcoins, and where to get wallets for them.  Everybody talks about starting with Coinbase, and getting bitcoins to buy the altcoins.  But I dont see anywhere to buy altcoins.? I go to these exchange websites but I dont see options to buy from the list of coins on the charts. Just a list of the coins.  I see lot of suggestions about sites to go to, but then most of those sites offer something like the 4 most popular coins, and thats it. I cant figure out how to get half this stuff.
Other issue, is the wallet.  I got Exodus, but then found it doesnt support all the coins i'm interested in.  So somebody mentioned a hardware wallet, which sounds like a secure idea. $100 for a hardware wallet, but before I bought, notice IT doesnt even store the coins I want.  This makes no sense to me, I been reading for hours.  Can anybody break it down how to buy these smaller coins (Cardano, Neo, Iota, ect)?  And how do you store these, since there seems to be no wallet that stores all in one?

[sunneybitc]

Buy and store them on Binance.

[MadGamer]

Ignore the advice above for 'storing'. If you want to buy altcoins yes, you can use Binance, Bittrex, Poloniex and many others but for storing, there is nothing better then having control over your private keys. You will not find a wallet that support every coin out there, you will have to download the official wallet of each of these coins. You can still check Coinomi too, It's a multi coin wallet.

[mcs_john]

Buying with fiat can be done through some exchanges (Coinbase, Kraken for example) and depends even on which country are you from because most likely you have to get verified. This kind of exchanges do not have usually pairs for many altcoins, only for the major ones. So, if you want to start with fiat and get NEO, IOTA and so on, first you have to buy BTC, ETH, LTC or whatever you like most. Than you transfer those to another exchange (Bittrex, Poloniex for example) which have usually pairs of the smaller altcoins with BTC, ETH and so on. Check which pairs they have and based on that make the initial buy with fiat. Otherwise you might have to go through many trades (for example fiat -> LTC -> BTC -> altcoin).
Regarding the wallets, initially you can keep your coins in the exchange wallet. The rule should be to keep in the exchange small amounts which you allow yourself to be lost due to hacking, exchange going down or whatever and the amounts you want to keep for longer storage to keep in your wallet or wallets. You have to choose for each coin a wallet which has support for it. Multi-coin wallets can work but not for all coins. For some of them you will have to get the official wallet of that specific coin

[rayk]

Binance, liqui, poloniex, kucoin are the ones you can buy altcoins but I suggest official wallets or hardware wallets to store altcoins. Exchanges are not actually a wallet.

[jlanzago]

Where to buy? In exchanges. And you need to find which exchange has the coin you want, most of them can be bought with either BTC or ETH, but some tokens are NEO based.

The best exchanges right now in my opinion are Binance and KuCoin. COSS would be good in the future, they just released a new UI but have had its growing pains. Traditional ones (but not good in support) are Bittrex and Poloniex. All of them are centralized, there are a few decentralized exchanges also such as Radar Relay among others.

Where to store? NEVER on exchanges, because you don't own the private keys. In your own wallet where you control your private keys, depending on the blockchain where the coins / tokens are based you have several options. People do not realize that the coins / tokens are not actually stored in a wallet, but in an address in the blockchain. The address is called public key. To access the tokens, you need a private key that matches this public key. This is why, if you don't have the private key (for example, in an exchange) then you don't actually own the tokens, the exchange does, because only they have the private keys to that wallet. Also please remember to ALWAYS back up your private key and only have it offline (otherwise if your computer or device is hacked, the hacker could have access to your funds). The most secure way is a hardwallet, but there are good alternatives if you don't fell like buying one when you are a beginner.

[jackhdt]

the purchase of altcoin should be made in the exchanges. You must find which exchanges available altcoin you want to buy. You can use binance, bittrex,crytopia,poloneix...
You can store altcoin in which the exchange you bought. however for more secure, you should store them in hardware wallet for each altcoin.

[Mrs Troll]

The most simple case will be to buy bitcoins using one of your local exchange provider and than change it to altcoins with Binance/Bittrex/Etherdelta. Many tokens are erc-20 and will be stored at your Ethereum wallet, but all other have atleast 1 their own wallet to hold - just create it and save your private key. Next time download again latest version of wallet and get access with your private key.

[xsaints128]

If you have Bitcoin then you can easily buy any altcoin from any exchange. A few exchanges are binance, bittrex, poloniex, etc., however not all altcoins are available on these exchanges and as far as storing is concerned if you buy an ERC-20 token(token based on ethereum) you can store then in ur private wallet which you can make at myetherwallet. Bitcoin can also be stored in your own wallet. NEP-5 tokens(token based on neo) can be stored in wallet which can be made at neotracker.

[xarly1]

Can be stored on the exchange part of the money ,if you know what you will be trading . And each coin has its own wallet . Have tokens ERC-20 coins can be stored on My Ether Wallet ( MEW )

[88lance]

Excellent information. I'm now watching videos about getting coins from Coinbase to the exchanges, seems like it is simply about copy and pasting addresses. Thanks for the help and suggestions.

[mazdafunsun]

Store them on offline pc, or paper wallet

[panghae]

Buy and store them on Binance.

Storing altcoins for a long time in exchanges is risky,these exchanges are being targeted by these notorious hackers,so its not advisable to store your coins there if you are not going to trade,its against their TOS,best way is to find hardwallet or paper wallet that support your tokens or coins.

[jhongzjhong]

Your main wallet is different from trading platform wallet, much better that you have your own private key while storing your coins and altcoins in long term purposes. More safer if you choose MEW for storing your altcoins or ERC20 token base much better to have safe wallet thank to have a chance to scam by notorious scammers. Having a wallet in market exchange is not bad but not in long term holding there's always a risk because your not the one who hold you private key.

[Thanasis]

Been researching for days, and have a lot figure out, except how to buy some altcoins, and where to get wallets for them.  Everybody talks about starting with Coinbase, and getting bitcoins to buy the altcoins.  But I dont see anywhere to buy altcoins.? I go to these exchange websites but I dont see options to buy from the list of coins on the charts. Just a list of the coins.  I see lot of suggestions about sites to go to, but then most of those sites offer something like the 4 most popular coins, and thats it. I cant figure out how to get half this stuff.
Other issue, is the wallet.  I got Exodus, but then found it doesnt support all the coins i'm interested in.  So somebody mentioned a hardware wallet, which sounds like a secure idea. $100 for a hardware wallet, but before I bought, notice IT doesnt even store the coins I want.  This makes no sense to me, I been reading for hours.  Can anybody break it down how to buy these smaller coins (Cardano, Neo, Iota, ect)?  And how do you store these, since there seems to be no wallet that stores all in one?

If you want to buy altcoins,first you need to decide which altcoin you are going to buy for this you can go to coinmarketcap.com and explore about all the crypto currencies available now and choose which one you want and you can see that in what exchanges those crypto currency available for trading.
I would like to suggest you to go to Poloniex exchange because it contains almost all the altcoins and fee is very less when comparing to other exchanges.You can store your altcoins on exchange wallets but if your storage is long term then you need to pick a multicoin wallet with private key access.
Coinomi is one of the best multi coin wallet so it support most of the altcoins or if your coin is based on ERC20 then you have MEW wallet.

[kevinzxz]

if i buy altcoin in binance or hitbtc, because it is very easy and safe, then to save the altcoin i save it in the exchange binance and hitbtc or sometimes i also save in myetherwallet.com wallet.

[sunneybitc]

Buy and store them on Binance.

Storing altcoins for a long time in exchanges is risky,these exchanges are being targeted by these notorious hackers,so its not advisable to store your coins there if you are not going to trade,its against their TOS,best way is to find hardwallet or paper wallet that support your tokens or coins.

You are right. It is risky to store on exchanges but if someone wants to just try new coins and trade with them in small amount then you can store in exchanges.

[BTCMILLIONAIRE]

Consider investing in a hardware wallet if you have a significant amount of money in crypto. They cost around $100 though. Look for Ledger Nano S or Trezor.

[Freezingel]

Been researching for days, and have a lot figure out, except how to buy some altcoins, and where to get wallets for them.  Everybody talks about starting with Coinbase, and getting bitcoins to buy the altcoins.  But I dont see anywhere to buy altcoins.? I go to these exchange websites but I dont see options to buy from the list of coins on the charts. Just a list of the coins.  I see lot of suggestions about sites to go to, but then most of those sites offer something like the 4 most popular coins, and thats it. I cant figure out how to get half this stuff.
Other issue, is the wallet.  I got Exodus, but then found it doesnt support all the coins i'm interested in.  So somebody mentioned a hardware wallet, which sounds like a secure idea. $100 for a hardware wallet, but before I bought, notice IT doesnt even store the coins I want.  This makes no sense to me, I been reading for hours.  Can anybody break it down how to buy these smaller coins (Cardano, Neo, Iota, ect)?  And how do you store these, since there seems to be no wallet that stores all in one?

If you live in USA then you can use coinbase to buy bitcoin or ethereum to get started. After that you should check coinmarketcap.com to see where you can buy the coin, then you should make an account for that exchange and deposit eth / bitcoin there to buy the coin. Most of the coin are erc20 coin so you can use ethereum wallet to store them, hardware wallet can store ethereum so it can also store erc20 wallet, you can use myetherwallet to access the tokens and transfer the erc20 coin if you use hardware wallet. Or you can also use myetherwallet if you don't want to buy hardware wallet as it's easy to use and erc20 friendly. If the coin is not erc20, then you have to download it's own wallet to store the coin, check their official website for the download link.

[Scallywag]

Just buy it on one of the exchanges named here . But please don't store them there , read up about exchanges that got hacked in the past. You are basically putting your money in the hands of total strangers , so make sure to put it in an offline wallet and most important keep a backup.