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?
Swap is expensive in terms of fee structure that make it preferrable choice for small conversion but if you are about to convert decent amount then better use the traditional exchange where you can find the best price and less trading fee but the down side is you have to move from your wallet to exchange then convert from crypto x to USDT then USDT to crypto y then you need to withdraw so if you're sure that you can still save some even after spending in these then exchanges are the best choice.