Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rabia on August 30, 2018, 05:54:27 AM

Title: Should I get ETH/Litecoin vs BTC For Trading Altcoins?
Post by: Rabia on August 30, 2018, 05:54:27 AM
I have usd money in my bank account and also money in skrill account.  I usually trade with others such as trade poker money or skrill for btc and vice versa.  But because btc takes very long to receive... wouldn't it make sense to ask for ETH/Litecoin since you receive it much quicker?  And also because the fees the sender pays is much less?  The whole point is to get btc to trade for other altcoins.  However the negative thing seem to be if you do this, say you receive ETH or litecoin, you will first have to convert it to btc first before you trade for the altcoin.  So in essence you are paying an extra transaction fee like on bittrex of 0.25 percent if you do it this way?


I know most people who buy btc well get btc.  Then you trade it for altcoin.  But because btc takes long to receive and the sending fees, is it better to use litecoin or eth instead for this?