Post
Topic
Board Altcoin Discussion
Re: Swap crypto or sell first then buy?
by
Fara Chan
on 20/05/2024, 08:29:14 UTC
Hi,

I have a few altcoins that are doing pretty well and want to take profits soon to then reinvest into other altcoins that haven’t pumped yet and I am wondering if it is best to swap directly or sell my altcoin that is doing well into USDT and then buy the new altcoin I want with the USDT?

I use Coinbase mainly so wondering which way is best to do it or is there not really much difference?
In terms of the ending it may be the same and there is no significant difference in that because in the end you just want to exchange the old altcoin so you can buy a new altcoin on the market. And it wouldn't be wrong for you to choose the option of selling the old altcoin for USDT and then using the USDT to buy another altcoin, because currently there are still quite a lot of USDT pairs among all altcoins. However, if you have the option to exchange it directly, I think that is also better as long as you don't incur excessive fees for this action.