With the emerging Bitcoin and Altcoins trend all across the globe, more and more people are looking forward to invest in this field. Since Bitcoins and altcoins have become the major market cap, there are lots of ways through which you can invest and buy them. This makes very difficult for the buyers and investors to choose the convenient and the right way.
If you are one of those confused buyers and investors, you have come to the right place because we are going to cover the process in the post below through which you can be able to buy Altcoins effortlessly.
Bittrex – Biggest Cryptocurrency Exchange in US
As a matter of fact, there are tons of exchange available in the crypto market through which you can buy and exchange cryptocurrencies. But unfortunately, the fact is that not all the exchanges offers the best rates and the convenient exchange. Regarding the fact, we have done the hardwork for you and searched for the convenient crypto exchange that can help you to buy and exchange cryptocurrency within the matter of seconds. We are talking about Bittrex that is the biggest crypto accepting exchange, with over 1 billion dollars in daily trading volume.
So if you are interested in buying and exchanging your Altcoins using the Bittrex Exchange, here’s how it is done.
How to Trade / Buy / Sell Altcoins from Bittrex Exchange?
The Bittrex Exchange allows the users to exchange and even buy the altcoins and bitcoins using the Us Dollars. So you can buy the Altcoins using the Us Dollars as well as other cryptocurrency as well. Like if you have Bitcoins and you want to buy Ethereum, you can exchange them easily using the Bittrex Exchange.
Before getting into the account, make sure you have enough US Dollars or Cypto in your account to buy the altcoins. Follow the steps to get started.
1: Login to the Bittrex account or Register, if you don’t have one.
2: After getting access to your Bittrex account, the next step is to choose the base currency market out of 3 options:
- Bitcoin Market
- Ethereum Market
- USDT Market
Through these markets you can easily buy any altcoin of your choice.
3: After selecting your market, the next step is to set buy orders under the trading section. You have to fill the units, bid, and type section under the page. In the unit section, you have to mention the quantity or amount of the altcoins that you want to buy. In the bid section, you will have to mention the price that you are willing to pay and the type refers the order type.
4: The next step is to set the sell orders. This is for the investors who want to sell the crypto. So you need to ignore this step.
5: The final step is storing the coins. For this, you need to have your personal wallet where you can store all your currency.
Now you are good to go and you can easily trade AltCoins !