Bitcoin is not the only way to buy alts. You can use ETH pairs also. Congestion in Bitcoin makes new inverstors choose ETH as a gateway to cryptocurrency!
You are viewing a single comment's thread from:
Bitcoin is not the only way to buy alts. You can use ETH pairs also. Congestion in Bitcoin makes new inverstors choose ETH as a gateway to cryptocurrency!
Accepted you can also use ETH. So let’s say I have fiat, how would my route to alts be faster?
I don't know how it works in your counry, in my you can buy ETH with fiat without verification at an echcange office like bitcantor (they allow instatnt bank trasfer which takes minutes to send) and then send ETH to Poloniex (verification takes minutes there)The whole procces takes you about 30 minutes. If you use bitcoin, you can get stuck in a que for days, waiting it gets to an exchange where alts are traded.
Not to mention that's its bucket loads cheaper to do it all through ETH
This is very true. Unfortunately ETH is having congestion issues too. Dash is slowly and steadily spreading. They are hell bent on proper scaling and they have tons of extra features and their monthly budget is closing in on 10 million USD.