As we gear up for the coming Altcoin season, trading on crypto exchanges like Binance, Gdax etc will likely reach a feverish pitch and access may be interrupted. And for crypto and trading newbies, these platforms may be way too features rich and complicated...
There are easier ways to switch your Bitcoin, Bitcoin Cash, Ethereum or Litecoin to more obscure and upcoming altcoins.
Firstly we would need to have a multi-asset wallet.
Coinomi https://coinomi.com/ is a good starting point, it comes with two built-in accountless exchanges to give you access to a variety of altcoins.
- Shapeshift
- Changelly
Eidoo https://eidoo.io/ is a ERC-20 and ERC223 wallet with upcoming built-in exchange. Its integrated ICO engine often provides free airdrops...
Outside of the wallets, other useful accountless exchanges are
Flypme https://flyp.me/ if you own the Flyp.me token, you get regular $ETH income from their fees sharing program...not a bad time to accumulate some Flyp.me tokens while it is near its all time low...I hold some Flyp.me tokens
A new exchange that I just came across looks like it offers another great set of altcoins. Simpleswap https://www.simpleswap.io/ looks absolutely no frills.
Enjoy!
Both of those come with really high conversion rates compared to buying and selling on some exchanges
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Agree. But for those of us who are only dabbling in small amounts, these are rather frictionless ways to get some altcoins.
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