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Author Topic: What's the Value of 1 Altcoin (in BTC)?  (Read 114 times)
Jetheat (OP)
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April 24, 2020, 09:40:27 PM
 #1

I'm trying to place an order on TradingView to buy BNB.

But I wanna spend 0.3 Bitcoin for the trade.
But the platform doesn't give me an option to enter how many bitcoins I wanna trade. Instead, it asks me how many altcoins (BNB) I wanna buy.

So what's the formula for converting say 0.3 bitcoin to a specific altcoin?



Appreciate the help,

JH
Csmiami
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April 24, 2020, 09:44:03 PM
 #2

I'm trying to place an order on TradingView to buy BNB.

But I wanna spend 0.3 Bitcoin for the trade.
But the platform doesn't give me an option to enter how many bitcoins I wanna trade. Instead, it asks me how many altcoins (BNB) I wanna buy.

So what's the formula for converting say 0.3 bitcoin to a specific altcoin?

Appreciate the help,

JH

You check either the exchange and do some math (what you want to spend / value of the altcoin), or check a token ticker like coingecko and do the same math (altough it does it for you)

In your case,

BNB-BTC pair 0.3BTC equals to 141,52512856496492 BNB

There may be some small changes between different exchanges

Jetheat (OP)
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April 24, 2020, 09:46:09 PM
 #3

What do I check for?
I would like to find out the actual calculation formula so I can apply it to any coin.

JH
Csmiami
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April 24, 2020, 09:50:41 PM
 #4

---

Amount of BTC you wish to invest (divided by) Price of the Altcoin in BTC

Again, with an example....
Code:
0.3BTC * 1BNB/ 0,00211898BTC

Jetheat (OP)
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April 24, 2020, 10:07:09 PM
 #5

---

Amount of BTC you wish to invest (divided by) Price of the Altcoin in BTC

Again, with an example....
Code:
0.3BTC * 1BNB/ 0,00211898BTC

That's great. Just what I needed.
Thanks a lot.

JH
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