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How to Buy Your First Altcoins - Step by Step Crypto Guide

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Are you looking to buy your first altcoin cryptocurrency, outside of Bitcoin, Ethereum or Litecoin? Here's how to do it in this step by step guide! This guide is specifically for people who are fairly new to the cryptocurrency world. Join me over the shoulder as I walk through purchasing Bitcoin or Ethereum on Coinbase, then transfer that money to Bittrex, to then trade for an altcoin (in this case NEO). Let's get started! Buy Bitcoin, Ethereum and Litecoin on CoinBase and get $10 worth free (if it's your first time as a customer): https://cryptobobby.com/coinbase Secure your Crypto with a Ledger Nano S: Amazon (faster shipping): https://cryptobobby.com/ledger-amazon Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger Follow me on Steemit: https://steemit.com/@cryptobobby Follow me on Twitter: https://twitter.com/crypto_bobby Join the Facebook Group: https://www.facebook.com/groups/14092... *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! * ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. **
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Text Comments (237)
I En (1 month ago)
Hi..when you deposit cash from your bank into your Coinbase or Gdax, can you leave it there or you need to store it on a wallet like you do with cryptos? Thanks
gdcat777 (1 month ago)
Why not just put dollars into Bitrex to open the account and then buy the alt coin. Can that not be done?
Michael F (1 month ago)
The House always wins... The Blue chip coins. Bitcoin, Ethereum, Litecoin, Bitcoin Cash.
Leo Pickford (2 months ago)
Thanks Bobby
Tyson Brewer (3 months ago)
Thanks for the video! Just bought my first coins this morning but it is taking forever to get them on Coinbase. Is it always like this or just because it was my first time?
Nancy Lane (3 months ago)
cannot hear you
veky c (3 months ago)
Why dont you use myetherwallet? I saw a lot of people use it. Is it safe to hold your cryptocurency on bittrex or it is better to move it to your wallet?
Benjamin SS (3 months ago)
Bitch hacks hahahah
Vortex Official (3 months ago)
I'm 17 and I dont have a licence how can i get around this?
Tom Stragski (3 months ago)
Very helpful, thanks Rob
Krzysztof M (3 months ago)
Hi guys. I have website for sale www.altcoinaid.com if some one is interesting, visit website.
Gill Crane (3 months ago)
Eureka moment completely understood the method thanks :)
FuFill Your ViBes (4 months ago)
How do you cash out an alt coin?
TheTradeBox (4 months ago)
The wealth of knowledge I have learned from most of your videos!
Rajesh Rawal (4 months ago)
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Clay Rauch (4 months ago)
What is the best (in your opinion) exchange to use besides Bittrex because they are not accepting anymore apps. Thanks.
jay cuz (4 months ago)
Thanks rob
Leandro Fonseca (4 months ago)
Why can't you just buy the currency you want? Why do you have to buy bitcoin, etherium or lite coin First????
P Q (4 months ago)
Buy & Sell your crypto currencies at at reputable exchange www.binance.com/?ref=20088572
Mark Bakr (4 months ago)
I am a newbie for sure! This helped quite a bit. I am still unsure about all of this crypto business! I haven't bought any crypto yet. Now I understand what a mainline type crypto is like bitcoin, litecoin, ethereum, etc.. Altcoins are anything outside of those. One question does Bittrex allow you to buy most all altcoin or do I have to get into other exchanges to cover a greater part of the altcoin field?
Steven gray (4 months ago)
Vinnie Basso (5 months ago)
Best way in Canada is sign up on https://www.quadrigacx.com/?ref=cxjr21zkozufbzt531rxak2g You can use interact and transfer form Canadiana bank.. Company is based out of Vancouver. Then you can buy all the best ALT coins at https://www.binance.com/?ref=11936180 Trust me best and safest Exchanges!!!! REPLY
DDDrew8 (5 months ago)
It took me a long time to open my account at Binance. They stopped new registration for quite a while. But instead of announcing that, they just reject the password I created by either saying the password did not match, or "Password must be at least 8 characters with uppercase letters" although my password met the requirement. After trying for many days I finally got my account opened.
DDDrew8 (5 months ago)
You said not to keep the money in the exchange for too long. Where should I put it?
Jake Austin (5 months ago)
I don't get the difference between the "bid" ETH and the "total" ETH. It goes from .09xxxx to .29xxxx. Where did the .2 ETH go? Edit: Is the .29xxxx the amount you already had, and you're only trading .09xxxx worth???
SparksDrinker (5 months ago)
I was hoping for any easy way to buy altcoins with fiat, didn't learn that here.
saketh ram (5 months ago)
I never thought someone could explain this with such ease. Good work there
saketh ram (5 months ago)
Crypto Bobby I'm looking forward to buy KIN coin, but couldn't find it in any markets in bittrex.com. What are the other websites that I could trade in for lesaer known altcoins? If there is a video of yours explaining it, that would be great.
Crypto Bobby (5 months ago)
Thanks Saketh!
Jakub Kovár (5 months ago)
The channel for pumping crypto. Admins with crypto market background !!!!!!!!!JOIN NOW https://t.me/cryptotowin
Tim Shubert (5 months ago)
Fuck Coinbase, I bought $750 BTC from my credit card - by the time I sent it to straight to GDAX then right to Binance it was $683. Fuck 'em.
jesseascriven (5 months ago)
Oliver Verba (5 months ago)
Doesn’t he look like the youtuber LAHWF?
Lexa Terrestrial (5 months ago)
this video was one of the most helpful... you're a beast. I subbed and gave you a thumbs up.
Lexa Terrestrial (5 months ago)
ahhhhhhmazing. thank you. been looking for a way to buy altcoins. I'm slightly new to all of this. I knew i should have researched this a year ago... and feel late to the party.. but they said that a year ago.. So i'm hoping this pays off in the long run.. because i'm in it for the long haul. It's never too late... or better late than never i guess. I want to diversify and am extremely interested in investing into a few... ripple for sure.. dragon chain... monero, dodgecoin, pods... who knows I'm also looking into bit mining. WHich people say is pointless... but i don't pay for electric and it's free money for letting a program run... so hey i'm interested
filthbomb (5 months ago)
trying to dive into blackness here, ..old dog needs to learn new tricks,..this helped decipher a lot of questions .. ..it seems im going to have to start with bit coin /lite/eth and learn from there..thanks
Matthew Giacomuzzi (5 months ago)
From here, is there a way to sell your altcoins to USD? Or will the conversion of coins to USD only take place on something like Coinbase?
SLAVIK TELY (5 months ago)
I just watched this video on January 8th, 2018 and wow, how low were the prices.
Cortney Warren (5 months ago)
Thank you Rob!
Devin ThaBarber (5 months ago)
Plain n simple w/o all the extra talking!!! U got a new sub!
Tom H (5 months ago)
Great video. Thanks.
Chamara kodagoda (5 months ago)
can we choose any amount of ETH instead of total amount of ETH?
Lynzy Elliot (5 months ago)
Nice Keep it Fun..Keep it Going !!! Thx
macboogieland (5 months ago)
maybe stupid question, but why necessarily eth? isnt ltc much faster with cheaper transaction fees?
Knitting Workshops (5 months ago)
RoxyQueen (5 months ago)
I went to Bittrex and they have posted No New Users at this time.
RoxyQueen (5 months ago)
Can you believe that I have literally been trying for the past week to get in some where to buy any kind of bitcoins altcoind and I keep getting the same response..They are all saying they are overloaded with new users and are not taking new users..where and how can I buy altcoins??? Please help.Coinbase is NOT verifying id's ...It keeps saying identification Failed...I mean why is this happening? Do you know?
Doris sweanapo (5 months ago)
Great channel and thank you for the video.
MacLancasterMusic (5 months ago)
This was very helpful, thank you so much.
Truth Watcher (5 months ago)
I've been waiting to get a bittrex account but they haven't let any new users get an account for 2 weeks now.
Mysticalillusions (5 months ago)
my buy/sell says account restricted
julia Rodriguez (5 months ago)
Although this stuff is VERY CONFUSING!!! I do appreciate your videos and the time you take to explain.. thnx
Gary Thomas (5 months ago)
Can you extract your cryptocurrencies from bittrex to a hardware wallet??....if so how?
Walter J. C (5 months ago)
Answers a lot of my questions. I subscribed, thanks.
Johnathan Coker (5 months ago)
Bianance is the best exchange. check it out https://www.binance.com/?ref=12539687
Conquer Co (5 months ago)
Heads up to anyone who is just seeing this video, The website is not accepting any new members at this time. If anyone found another way please comment back!​
pre4closures (5 months ago)
Just tried sending BTC via coinbase to Bittrex. Got verified & everything with Bittrex and thought I'd test it out by sending a couple hundred $ of BTC and it's going to charge me over $20 in fees to send???!!! Are the fees really this high sending to Bittrex or Binance to buy altcoins?
pre4closures (5 months ago)
Coinage (or others). Yes I trade on GDAX(mostly limit orders). Hate Fees! I thought had to send coins back to Coinbase to send out(I'm not very sharp). But looking closer, I think i can withdraw BTC from GDAX to Bittrex (or Binance ) for free? On the withdraw link on GDAX it says "Enter a BTC address and the amount you wish to transfer from your GDAX trading account. BTC transfers are free and fast.". Is this right? $20+ to xfer from CoinBase and Free from GDAX?
Johnathan Coker (5 months ago)
Use GDAX to avoid the fees. It is coinbase's exchange. I would go Binance with the exchange. way better than BITTREX. 3 million users js https://www.binance.com/?ref=12539687
Amit Cohen (5 months ago)
easily explanation i found on how to purchase bitcoins, ether and altcoins -> howtobuy-btc.dudaone.com
Flexx Media TV (5 months ago)
On Aug 22 2017 you suggested that we use GDAX instead of Coinbase to eliminate fee. Why you advise us now to purchase our first coins with Coinbase? Youtube link to your video https://www.youtube.com/watch?v=BRvN-01B2E0
OneMinuteFixed (5 months ago)
bittrex is not taking in new registrations at the moment
OneMinuteFixed (5 months ago)
Coinage yup :) already there
Johnathan Coker (5 months ago)
Binance all the way https://www.binance.com/?ref=12539687
Smith Jnr (5 months ago)
You missed out how to transfer NEO to a wallet
Mitchy Boy (5 months ago)
very good explanation . Thanks
kent Harrington (5 months ago)
Excellent-Thank you.
Travis Ripley (5 months ago)
Thanks bobby!
Andrew Schmidbauer (5 months ago)
very well explained, the whole subject is quite overwhelming, but if you break down in confrontable pieces, it is learnable even if your not really a techie type thanks
Norita Orellana (6 months ago)
why would you go from coinbase to bittrex?, wouldn't be easier to just put your $$ into bittrex and buy directly what you want?.
Johnathan Coker (5 months ago)
You can't. You can only move crypto into an exchange. Binance is the way to go for us users though https://www.binance.com/?ref=12539687
Jeremy Hall (6 months ago)
Fantastic video... very new and definitely interested in alt coins. Is there a transfer fee from coinbase to bittrex?
Joel Shifflet (6 months ago)
Thanks for the video. Bittrex is now requiring an invitation code to setup an account. Would you be able to send one?
2Ia4 (6 months ago)
I'm new to this cryptocurrency world so I would like to know how I can secure my Altcoins after I buy it/them. Is it supossed to just stay on Coinbase/Bittrex or do I move them to other safer wallets, Is it safe to keep it in Coinbase/Bittrex for many years if its a long term investment, or what do I do? I would appreciate any answers.
mr4js (6 months ago)
Great explanation, very informative.
x75k (6 months ago)
I have seen so many videos on YouTube and all they do is confuse me your video is the first one that I understood how to buy from one place & move it over to another place thank you
Michael Baker (6 months ago)
yup then you losse your phone or it gets destroyed and you are SOL
Texas NightOwl (6 months ago)
Why even mention coinbase? It and its sister GDAX generally trade for about 5 to 6% higher than Gemini. Bring money in via Gemini and convert back to fiat at GDAX.
Frank Lee (6 months ago)
Is Changelly a good wallet? I keep seeing it everywhere. Anyone know?
Frank Lee (6 months ago)
Appreciate it, man. Although I still have questions. I thought a person only has one wallet though? Meaning, I have a Coinbase account which contains BTC, ETH, LTC. So once I buy Altcoins on Bittrex these altcoins are now in another place (on Bittrex)? Also, is there a specific reason you used ETH opposed to BTC? Does this just have to do with how they are doing at the moment?
trini23460 (6 months ago)
What do you do after you trade you currency on Bittrex. Is their a separate wallet other than bittrex that you use?
garvin Francis (6 months ago)
GamedOut Gamer What is the best wallet amd wher can i get it? I am also doing some research. This is very interesting.
GamedOut Gamer (6 months ago)
Each coin has its own wallet application you'll want to keep your coins on your own wallet not bittrex.
Zac Russell (6 months ago)
Great Video! Very helpful. I'm just getting started, can you make a video where you suggest what to buy? What crypto's at what price? How long to hold, etc? thanks!
Phillip (6 months ago)
I needed this. Thanks. Funding Coinbase tomorrow...
D Pike (6 months ago)
Bittrex, Coinbase, or another centralized exchange are a bad option for altcoin purchases. They are slow, insecure (google bittrex passport leak), freeze accounts, take ages to answer to support queries, and a lot more. Changelly, decentralized exchanges, p2p marketplaces all allow faster and simpler transactions. This simple guide on how to buy altcoins mentions the most convenient options: http://coinvigilance.com/how-to-buy-altcoins-the-simplest-guide-online/
Rhonda Rhodes (6 months ago)
This video was the best hand held instruction. Thank you.
Ahmed A (6 months ago)
buddy wot u jst u showed on ur video is trading not actually buying for long term investment
Tyler Pathradecha (6 months ago)
Great video, you should make a step by step guide on how wallets works. That would be much appreciated!
Jen Lester (6 months ago)
bittrex isn't allowing new accounts.
Menickc (6 months ago)
I hate bittrex ive had nothing but problems with it. I know that is not everyones experiences but fuck it sucks.
Prezpass Media (6 months ago)
Want to Buy Bitcoin, Litecoin, & Ethereum and Exchange them for AltCoins or other Cryptos? The World's Best Cryptocurrency Exchange is available here ====>> http://bit.ly/2B0XKRa
Jarad White (6 months ago)
Why not just buy on bitrex from jump?
Jarad White (6 months ago)
Frank Lee Im still looking in to it this is all new to me right now
Frank Lee (6 months ago)
That's what I was wondering, have you found an answer yet? I was assuming maybe it's because you can't buy Altcoins with US Dollars...?
said atta (6 months ago)
thank you bobby...well explained. question 1....how can I transfer from bitcoin to my USD wallet.?.. Q2. Am I going to have issue when I upgrade my phone with the 2 factor authentic?
Ronbon Ton (6 months ago)
Very well presented. Answered ALL of my pressing questions. “Bitrex”, etc., exchanges was the main missing link in my understanding. Thanks! Now, TIME TO GET RICH!
Mateo Carlos (6 months ago)
As a newbie I will tell you the number one frustration that NOBODY mentioned: I just bought some litecoin on coinbase expecting to be able to move it to an exchange and swap into cheaper cryptos.  Guess what?  It will take one full week until my litecoin is available to trade!!!!!    DO YOU THINK SOMEONE COULD HAVE MENTIONED HOW LONG IT WILL TAKE UNTIL I CAN DO SOMETHING??????????This is ridiculous!  Can't I buy with a credit card and use it right away?  A week is an eternity in the crypto world.  This is such crap!!!!
Mateo Carlos (6 months ago)
No credit card fee.  But, I have like a $400 weekly limit without better ID verification.  But, yes the ACH system is the reason for the delay.  There's one great reason to conduct banking using crypto.  Fast.
Frank Lee (6 months ago)
Because you used your bank account, right? I think if you use a card, they're available right away but the fee is higher. I THINK.
Strategic Endeavors FX (6 months ago)
Can I transfer from bitter to a Trezor I have coin base and I need to transfer some some from coin base to bitter and then to trezor can I do this.
Raj Duvvi (6 months ago)
I am new bee and u made it very simple for me. Thanks a lot work your hard work to share the knowledge to community. please keep up the good work
Raj Duvvi (6 months ago)
It's really awesome
Tesseract Comics (6 months ago)
Is Bittrex safe once purchased coins. I guess while they are in your wallet?
Tesseract Comics (6 months ago)
I finally did this today. took about 2 1/2 days to make sure i knew what i was doing, heard many stories of money disappearing lol. They are online wallets, but not safe to keep in long term. I am researching right now about cold storage. If you are going to do a lot of trading i would say thats fine but not if you are holding. Hope this helps!
Frank Lee (6 months ago)
That's what I'm wondering. Since I have coins already on Coinbase, isn't that already my wallet?? So if I transfer some ETH or BTC to Bittrex, I just leave it there?? I wish Bobby had addressed this.
World Top List (6 months ago)
brother if you sell these NEO's on bittrex how it will work, em bit confuse with exchanging cryptocurrencies and trading them, i want to just buy and hold for long term
A. T. Maverick (6 months ago)
can you send coin directly from gdax to bittrex? or you must first send the coin back to coinbase? thank you
Walshy the musician (6 months ago)
What is "fiat"?
Lawless (6 months ago)
So in moving coins back and forth how are you going to keep track of that for taxes?
Mikey D (6 months ago)
Anyone know a UK wallet that lets me store alts outside the main 3 cryptos??
Ledger wallet S, it's a hardware wallet, costs about £70-£90 don't buy 2nd hand, if you do, change password, 2fa etc
Glaskruset (6 months ago)
How come you have to buy ether or btc to buy the other cryptocurrencies and not just directly like with ether and btc
PopTartsAndCinemax (6 months ago)
Great tutorial. Audio level so quiet tho, got everything maxed and can't hear you over my heating air vent... switching to headphones but just an FYI, look up "audio normalization" ;)
Shield of Blood (6 months ago)
Bittrex doesn't take debit?
PlanetPatrickLand (6 months ago)
coin base fees are 2 hight, and gdax i need 2 ids, but only ahve 1, where else can i buy BTC?
Great job man.. I did have one question that I'm trying to research the answer to.. Aside from Bitcoin / Ether.. if say you were going to buy ADA/Cardano, Monero etc.. do you have to have seperate wallets for all of them? or is there a way to have a secure wallet to house all of them?
Frank Lee (6 months ago)
Thanks! So after you buy altcoins on Bittrex, you move them into another wallet like Exodus, FReewallet, etc.? How do you do that, is it easy to put them in the wallet? ...Also, so you leave the coins you bought in Coinbase? Or are you planning on putting those in the Exodus wallet too? I'm new and confused. lol. If you don't know, don't worry about it.
oh and Freewallet* is also seemingly good to use as well.. hope that helps =)
I started using exodus for my alt coins; what I did was buy the bitcoin/ether on coinbase; then transfer what ever ammount of bitcoin I want to use to buy altcoins to Bittrexx or Coinigy* from there you can use the bitcoin to buy what ever alt coins are on that specific exchange.
Frank Lee (6 months ago)
Exactly what I'm wondering, because I have my coins on Coinbase. So how do I get any ALTcoins I buy into the same wallet? Have you found an answer yet?

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