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Author Topic: Selling Altcoins for Bitcoin (Using Bitpay)?  (Read 452 times)
bitconan (OP)
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May 07, 2014, 08:16:17 AM
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When using Bitpay has anyone tried selling altcoin for bitcoin while using Bitpay?
I did not find it on they're page, so not sure if its acceptable by TOS.

Here is an example:

Customer has bitcoin (Wants to buy altcoin) -> Customer pays with BTC to buy Altcoin (Use bitpay to get cash) -> Result , sold altcoin, got cash, customer gets altcoin

Has anyone tried this with bitpay?
Bit_Happy
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May 07, 2014, 09:29:00 AM
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I'll be interested in the answer, at first it seems OK.
Welcome to the forum.  Smiley

BitCoinDream
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May 07, 2014, 09:36:29 AM
 #3

When using Bitpay has anyone tried selling altcoin for bitcoin while using Bitpay?
I did not find it on they're page, so not sure if its acceptable by TOS.

Here is an example:

Customer has bitcoin (Wants to buy altcoin) -> Customer pays with BTC to buy Altcoin (Use bitpay to get cash) -> Result , sold altcoin, got cash, customer gets altcoin

Has anyone tried this with bitpay?

I dont see a reason for not materializing the idea. But generally Altcoin transaction happens against Bitcoin at exchanges.

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