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Read moreDo you need Bitcoin to buy altcoins?
Buying many altcoins requires just a few steps beyond purchasing bitcoin . In this article, we recommend purchasing BTC and trading BTC for the desired altcoin. Many, if not most altcoins, should be paired with BTC on one of the exchanges. However, you don’t need to purchase cryptos through exchanges.
Read moreDo altcoins follow Bitcoin?
If you have been following the cryptocurrency market, you might have noticed by now that every time Bitcoin’s price goes down, alternative cryptocurrency prices (commonly called altcoins) follow . The opposite is equally true – when the price of bitcoin rallies, we expect altcoins to go up in price shortly after.
Read moreWhat is the purpose of altcoin?
Altcoins have the same premise as bitcoin: to use the blockchain as an incorruptible, distributed public ledger, which allows and records a transaction only if there’s consensus that the transaction is legitimate .
Read moreHow many altcoins does Binance have?
Binance offers crypto-to-crypto trading in more than 500 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB).
Read moreWhat altcoins are on Binance us?
Binance.US currently offers nearly 60 crypto-to-crypto trading pairs with Bitcoin and nine other digital currencies: Cardano (ADA), Bitcoin Cash (BCH), Binance Coin (BNB), Ethereum (ETH), Chainlink (LINK), Litecoin (LTC), Uniswap (UNI), VeChain (VET) and Tezos (XTZ).
Read moreCan I buy altcoins with Bitcoin on Binance?
Buy & Sell Crypto: Fund Your Account with Traditional Currencies. Users can easily buy Bitcoin and other cryptocurrencies using a wide range of payment options, including bank transfer, credit or debit card, and cash. There’s a payment option for everyone on Binance.
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