Is It Possible to Buy Altcoins with Fiat Money

[edwardnortonn]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

[sylance]

In the US, your only real option is to go with Coinbase, which allows purchase of LTC, ETH, and BTC.  Rumors are coming that Coinbase is going to add many other alts but not yet.  I hear there's a way to purchase alts directly with fiat in Bisq but I have no experience with it.

[trademark]

Besides Coinbase as mentioned above.  You can use Gemini to purchase Ethereums with fiat if you're in the US.  The fees are lower than Coinbase but you don't have the option to purchase Litecoins or BitcoinCash as they are not supported on Gemini. 

[Akitot]

Yes, some Altcoin can be bought directly by Fiat, but some ICOs accepting only ETH, and by the way you can buy BTC directly by converting your money currency that is in your digital wallet, then from their you can buy ETH and other alt coins.

[elitemom]

Some ICOs provide this option. But why not all of them provide this option? 

[X-ray]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

If you are try to make F2F transaction and you may able to deal all of altcoin with fiat money directly, But if you are dealing through internet and that will never be happened. As long as you are having any bank account you can try to make wire transaction to buy altcoin through exchange sites. Because all about the digitalization. Did you know what i meant about that? It seems a bit strange for me.
But in this case what do you mean about "directly"

[bumbazaka]

I do not think so. Only popular alts can trade in USD/ALT pairs and only limited amount of exchanges can provide this opportunity

[mariayaz]

Few altcoins can be directly purchased via fiat like Ripple, XLM, DASH etc and they can be only purchased on CEX.IO Exchange.

[maman09]

in my country it's simpler to make fiat and crypto money transactions.
I can exchange fiat money with some crypto available in local exchange. yes, I guess if in your country there is no ban, there seems to be a local exchange involving fiat money.

[CryptoAllDay]

Aside from CoinBase, I've noticed that BAT uses a website called uphold.com for purchasing their coins (as well as other altcoins) using fiat by linking your credit card or bank account.  I've never used it, and I've read really bad reviews however on how long they take to process your transactions, as well as sometimes cancelling your transaction if the price changes too much.

Anyone had experience using them?

[ziyush]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

There are many altcoins that can be purchased directly from fiat, you need to verify your account for this and then only you can participate.
Exchanges like bitfinex offer this as well

[undeadbitcoiner]

First of all it will depend where are you from, Asuming that you are in US you can choose Coinbase to buy BTC, BCC(BCH), ETH, LTC and if you can verify yourself with Bittrex (Assuming you already have Account with them) you can deposit fiat there and Bittrex has pair to several altcoin with fiat so you can buy
BTC ,LTC, ETC, ADA, XRP, ETH, BCC, NEO, XVG, OMG, XMR, BTG, ZEC, NXT, DASH and a lot more around 50 Coins. Poloniex offers the same but they have very few coins with fiat trading. Good luck

[xianbits]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

If you're into USD, most (if not all) altcoins in c-cex.com are tradeable with USD. The only problem is wether your chosen coin is listed there. If you're new there, be careful because that exchange has a lot of shitcoins listed.

[withche.07]

It differs from country a lot. In my country as I remember you can buy bitcoin, ripple, litecoin with fiat money (Turkey) Also one exchange had Waves option if im not wrong. Not sure about USA, but I guess some top coins have that option to buy with fiat there too.

[doman]

Do you know why there is no big exchange fiat to alctoins?

It is because low liquidity of altcoins, shitcoins (they do not want to sell shit?) or double conversion (which is risky in a rapidly changing environment)?

[cryptolottocc]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

U can buy ETH directly in MetaMask (if u r US citizen).

[adelaisav]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

Every one of the coins that are on the Korean trades (Bithumb, Coinone, Korbit and so forth) regardless of whether they are alt or bitcoin can be purchased in fiat cash. All things considered, the fiat is the main alternative to get them. They have Monero, QTUM, Dash, Zcash, Bitcoin Cash etc that are considered as altcoins here. I do understand that Bitcoin is the ruler and it must have the best framework yet with regards to purchasing and offering coins, despite everything I don't know why everything must be tied with Bitcoin.

[Thyaga]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

in the my country i can buy altcoin with fiat money but only eth, stellar, ripple and coin top 10 coinmarketcap

[liuqi]

The question may sound a little off, but im curious, is it possible to directly exchange Fiat money for Alt coins,? if not, whats the reason?

It depends on the country some countries are accepting directly fiat currency because now a days number wallets available so you can easily exchange your fiat currency.
If you check in international standard it is not possible only you can buy Bitcoin then you should exchange your altcoin this is the actual procedure in cryptocurrency.

[RDNX]

In my country, we able to buy directly alctoin with our currency. Not only, altcoin, but also Bitcoin.
If you not able find your exchange, probably your government very strict about a crypto activity.