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Author Topic: Can I trade like 1/10 of a bitcoin with my alternate cryptocurrencies?  (Read 450 times)
j2ee (OP)
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December 21, 2013, 06:49:00 PM
 #1

For example, I save dogecoins that only enough to exchange 1/10 of a bitcoin, can I do that in exchange? Or I have to save a total one bitcoin for an exchange?

If I can get that 1/10 bitcoin, how do I cash in? Do exchange use paypal or whatever to transfer the bitcoin to dollars (I wish not just US dollars) to my bank account?
j2ee (OP)
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December 21, 2013, 06:58:23 PM
 #2

Any update? This question is too noob? LOL
j2ee (OP)
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December 21, 2013, 07:26:45 PM
 #3

seem like my question is too noob so no one answer
Scooby903
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December 21, 2013, 07:28:42 PM
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BTC is divisible to basically however much/little you want...in short - yes
Rubberduckie
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December 21, 2013, 07:31:26 PM
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For example, I save dogecoins that only enough to exchange 1/10 of a bitcoin, can I do that in exchange? Or I have to save a total one bitcoin for an exchange?

If I can get that 1/10 bitcoin, how do I cash in? Do exchange use paypal or whatever to transfer the bitcoin to dollars (I wish not just US dollars) to my bank account?

Also you can sell your BTC here: https://localbitcoins.com/

very straightforward to use Smiley

TribalBob
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December 21, 2013, 07:32:30 PM
 #6

You can sell alt-coins for fractions of bitcoins.

Once you have the BTC getting the money to your PayPal is the tricky part.

Some exchanges will allow you to move funds from the exchange to your PayPal, but this can be very expensive.

What I do when I'm ready to convert from BTC to USD is I send the BTC to VirWoX, convert from BTC to SLL and then from SLL to USD and withdraw to PayPal.

There may be a better way, but this is the fastest and least complicated way I have found so far.

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Rubberduckie
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December 21, 2013, 07:34:19 PM
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For example, I save dogecoins that only enough to exchange 1/10 of a bitcoin, can I do that in exchange? Or I have to save a total one bitcoin for an exchange?

If I can get that 1/10 bitcoin, how do I cash in? Do exchange use paypal or whatever to transfer the bitcoin to dollars (I wish not just US dollars) to my bank account?

Also you can sell your BTC here: https://localbitcoins.com/

very straightforward to use Smiley

I've sold about $6000 worth of BTC @ https://localbitcoins.com/ this month

Just be sure to enable escrow Wink

Rubberduckie
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December 21, 2013, 07:36:32 PM
 #8

pm'd you

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