When I got into the crypto scene I was planning on sticking with bitcoin; thus, I initially signed up for coinbase. I have found coinbase to be fantastic for buying Bitcoin, Litecoin, and Ethereum. Unfortunately, I soon discovered the world of altcoins and wanted more.
Instead of signing up for multiple exchanges, going through the verification process multiple times, and then transferring bitcoins from one exchange to another and incurring fees each time, I discovered Shapeshift. Input the wallet address of where to deposit your new currency, send whatever coins you want to exchange, and your work is done! It is fast and easy. No messing with transferring coins from exchange to exchange and then transferring them to your wallet. Unfortunately, many of the altcoins are under construction on Shapeshift right now with no clue as to when this will change. It appears that some have been unavailable for over a month now.
For those of you experiencing the same problem, I have started using Changelly. Same idea as Shapeshift but with more coin exchange options. The only drawback is you do have to make an account. However, this is as easy as providing a e mail. Verification processes are not needed-way easier than an exchange.
Give it a go! What do you think?
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