Vertcoin is a similar coin to Bitcoin and Litecoin, with one enourmous difference. It is ASIC resistant, and CPU miner friendly, which allows the average person to contribute and earn from the Vertcoin network.
Vertcoin has already seen fantastic gains, and we are one 51% attack away on Bitcoin or Litecoin from a Vertcoin price increase.
Buy Vertcoin with Credit Card and Debit Card
The easiest and best method of obtaining Vertcoin with credit and debit cards is by buying Bitcoin or Ethereum on an exchange such as Coinbase and then converting the purchased crypto into Vertcoin on an exchange such as Bittrex.
Buy Vertcoin with Bank Transfer
Just like credit and debit cards, the easiest method of obtaining Vertcoin with a bank transfer or wire is by buying Bitcoin or Ethereum on a fiat to crypto exchange such as Coinbase, and converting the purchased cryptocurrency into Vertcoin, on Bittrex. All will be explained below, with clear pictures and steps!
Step 1: Aquire Bitcoin or Ethereum
There are several exchanges to buy Bitcoin and Ethereum on.
The reason we have to purchase this way is because most cryptocurrencies are only traded on Bitcoin and Ethereum pairs. This will be further explained in step 2.
Coinbase is a very beginner friendly US based exchange, that sells cryptocurrency to most countries and all US states. Expect a 1.49% fee on bank transfer purchases, and a 3.99% fee for credit and debit purchases.
Coinmama is another option that focuses on credit and debit card purchases. Coinmama is great because they have higher debit and credit card purchasing limits than Coinbase, as well as instant delivery. Coinmama’s fees are around 5.5%.
Bitpanda is an exchange that also focuses on credit and debit card purchases. Their fees are between 3%-4%, and only sells Bitcoin and Ethereum to European countries.
How to Buy Cryptocurrency on Coinbase
If you signup to Coinbase through this link, you will recieve an extra $10 worth of Bitcoin on your first $100+ order.
After creating your Coinbase account, you will want to add a payment method. If you are trying to get the most bang out of your buck, I would reccomend using a bank transfer. If time is a concern, maybe go with credit or debit card, as there is instant delivery!
Click the Buy/Sell tab at the top/middle of your screen. From this page, you can easily purchase Bitcoin, Litecoin, and Ethereum.
After hitting Confirm Buy, we are ready to go to the next step!
How to Buy Cryptocurrency on Coinmama
After your account is verified, you can go to the navigation bar and purchase Bitcoin or Ethereum, using USD or EUR.
Send the purchased cryptocurrency to the address of the exchange you decide to use in the next step.
Step 2: Moving Bitcoin or Ethereum to Bittrex
After aquiring Bitcoin/Ethereum, you will need to move it to the cryptocurrency to cryptocurrency exchange Bittrex.
Most cryptocurrency exchanges only allow cryptocurrency to be purchased with Bitcoin or Ethereum. That is why we need to convert our money to cryptocurrency, and then send the purchased cryptocurrency to an exchange where our coin is sold.
In order to send our Bitcoin or Ethereum to Bittrex, you will need locate your Bittrex deposit address.
This can be found on Bittrex by going to the navigation bar, clicking Wallets and locating the currency you are trying to deposit. This example will use Bitcoin, but Ethereum is another option.
After you locate the cryptocurrency on the deposits page, click the + sign to reveal your deposit address.
Now that we have our deposit address, we will need to send it from Coinbase. Click the send tab as seen below, and copy and paste it into the recipient box. Click confirm and wait for your currency to arrive to Bittrex!
Step 3: Buy some Vertcoin!
After sending your Bitcoin to Bittrex, you will want to go to the BTC/VTC trading page and enter a ratio you are comfortable with. You can look at the current orderbook by scrolling down on Bittrex. Look at the bid section for a good number. After your order is processed, you now hold VTC!
How to Mine Vertcoin
Read our indepth guide on Vertcoin Mining! This guide will cover hardware and software components of the ASIC resistant Vertcoin!
How to Buy Vertcoin with PayPal
Due to Paypal’s chargeback feature, buying Vertcoin with Paypal takes a few extra steps. The exchange VirWoX allows you to convert paypal balance into Bitcoin. Read our tutorial on this conversion. Once you have obtained Bitcoin, you can send it to Bittrex just like the above example!
Can I Buy Vertcoin on Coinbase?
At the time of this writing, Coinbase does not sell Vertcoin. There have been several rumors however, and many think that in early 2018 we will see several new coins, including Vertcoin, added to Coinbase. Follow the steps above to learn how to obtain Vertcoin. If you don’t own any Bitcoin, use Coinbase!.