Post
Topic
Board Altcoin Discussion
Re: Help me understand price conversion when buying Alts
by
casperBGD
on 02/03/2021, 16:07:59 UTC
When you are buying alts on a crypto only exchange, is there an easy way to see the true fiat cost of the coin? Like the order book will say 0.00042 eth/coin. Do you just manually figure out the fiat cost by using a calculator? Or is there another easier way? Much easier to know something costs 2 cents vs figuring that out from eth price. Or am I just not understanding how this works? Thanks!

it depends on which exchange you are using, but yeah, if that is a crypto only exchange than it is usually all assigned in crypto

in the long term that is a goal here, to replace fiat with crypto, and 1 BTC will always be 1 BTC, while $1 is sliding in purchasing value
you can use this calculator to check USD value of something in case of need https://ethereumprice.org/calculator/