If you haven't already known, there are numerous altcoins available that you can use to make transactions, put away as an investment or trade. You can find an extensive list of these alternative coins at coinmarketcap. At this site, you can sort by name, market cap, price, 24-hour volume, circulating supply and percentage change in the last 24 hour period. Some of the most popular coins to consider are listed in the top 25 spots based on market cap. Ethereum, Litecoin, Cardano, Monero, and NEO are just a few of the top listed names that you may want to research and use.
Converting Bitcoin To Other Cryptocurrencies
While coinmarketcap is a good way of checking the statistics of cryptocurrency movement, you will not be able to convert any coins at the site. For that task, you need to visit an exchange or website that allow you to convert one coin for another one. ShapeShift and the Binance exchange are good choices for that.
Using ShapeShift To Exchange Assets
One of the most simplest ways to exchange your coins is by visiting shapeshift. When you reach the site, you will see their motto - "The Safest, Fastest Asset Exchange on Earth." The site allows you to trade any leading blockchain asset for any other. One of the benefits of using the site is that you do not have to worry about creating an account. The site does not require any login or other personal information. You just need to choose which assets you want to exchange and click a few buttons there.
Using Binance To Exchange Your Cryptos
To convert your coin, click on the "Exchange" tab at the top of the directory. This will take you to an exchange page where you can convert your coin into four options - BTC, ETH, BNB, and USDT. Under each of those options, there are numerous cryptos that can be exchanged. As an example, if you deposit BTC, you can exchange it for close up to 200 other coins that range from ADA and ADX to ZEC and XVG.
Both options are a convenient way to exchange your cryptocurrency. Both options do take a small fee when coins are converted. You may want (you are supposed) to compare that amount between the two sites if you are exchanging a significant amount of coins.
We presented here a few ways to convert Bitcoin to other cryptos. The most common ways. Of course, the more experienced you become, the more convenient method you use to make your bitcoin transactions. You are generally used to operate with one, two sites of your own choice.
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