I used shapeshift with converting btc to litecoin and also waves. Can someone explain to me how high are the fees? Because when i did the tranactions, it gave me 2 options... quick or precise. At first i thought precise would mean the fees would be cheaper than quick. However i did quick and it seemed like it offered me more litecoin and waves for my btc. Does anyone notice this?
Also the fees didn't seem really that bad when i compared it to the btc to usd. The current btc price and other altcoin prices seem to be pretty close to the prices on coinmarketcap. Does anyone else agree?
To those who use bittrex, i never used it. But could you trade btc for litecoin, waves and other altcoins pretty easily? Im talking about using btc to trade for altcoins. Im also not familar with trading but say you want to trade 1 btc for litecoin. When you do this, how do you do it? I assume you are trading with another trader who is offering litecoin at a certain price that he wants right? Then there would be lot of other traders who offer litecoin but give a bit higher price? This is what also confuses me. When you trade btc for altcoins on bittrex, so you would post you have 1 btc looking for litecoin? Or would it be 1 btc and looking for litecoin at a certain price? The thing that confuses me more is would you be putting the litecoin price you want in terms of dollars or like 0.03901 etc? Because wouldnt that be very confusing to do since well you are looking at the litecoin price in terms of dollars?