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RE: How Soon Will Altcoin independance be from Big Bro Bitcoin???

in #bitcoin7 years ago (edited)

Tokens can not be used to exchange other currencies except tokens that specifically used by the exchange ( i.e. BNB). What makes BTC exchangeable is because btc is a currency and acts as an independent unit that is not centralized.

Ripple is a token controlled by Ripple company. It is highly dependent of the company Ripple.
Cardano does not have a working product. It has the potential to be but in the near future dont count on it.

Here is some tips:
Check if the alt coins you want can be traded using ETH or LTC. You can save alot of money fromtransaction fees. Also, I pretty sure Cryptopia has some LTC exchanges, even DOGE.

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thank you for the reply and i most definately will check into that thanks a bunch...following you now