Quote from: Simyboye on January 18, 2018, 09:44:11 PM

Thank you.
I've heard bad things about coinbase. I use localbitcoins.
I go from BTC to ETH to the crypto's I want to purchase?

I was informed to only trade in BTC and not local currencies due to losses etc. So BTC to Huh

coin, not GBP to XRP etc.

If you want to buy other cryptos, which many people refer to collectively as "altcoins," you will need either BTC or ETH to purchase them with. Most altcoins trade against BTC and ETH. So usually people will buy BTC with cash in their local currency, and then send BTC into an exchange to trade for altcoins.

Some altcoins can be bought directly with fiat (regular money) on some exchanges, but you usually are required to go through a lengthy verification process with the exchange.

In my personal experience Coinbase has been very easy to use, it's one of the easiest way to purchase BTC/ETH/LTC, only thing though is that you will have to wait over a week until you actually have the crypto in your wallet. You can also do an instant buy with a debit/credit card for smaller amounts of crypto that are available to use instantly.