You are intertested in Altcoins? This article explains, how to buy Bitcoin/Etherum and how to Trade those into Altcoins. If you use Coinbase, i will show you how to avoid any Fees!
Since Bitfinex wont accept new sign ups till 15th of Januar, Binance is the Exchange with the largest Tradingvolumen.
Binance offers 75 different Altcoins for Bitcoins and Ethereum, therfore i will show you how to get one of those Coins first. If you already own BTC/ETH you can skip the following paragraph.
To buy Coins i use Coinbase, because it offers the possibility to safe Fees.(Click the Link to recieve a Bonus!)
If you create your Account using the Link above, you recieve 10$ worth of Bitcoin with your first deposit.
Depending on your Location you can use Credit Card (Limit 500$), Bank Account(15.000$) and Wire Transfer / SEPA (Limit 15.000$). With Credit Card you can Buy Coins instant. Using an Bankaccount will require an authentification, which can be done by providing Onlinebanking Login/Tan. To use Wiretransfer you need to send an verification Deposit which can take 1-2 Days.
In the meantime you can create an Binance Account. Binance doesnt require any Authentification but i would recomment to use Google Authentificator.(Click the Link to recieve a Bonus!)
If you create your Account using the Link above, you save 25% of the Binance trading fee.
Download the "google authenticator" App.
Open the app and take a photo of the QR-Code shown on Binance
Insert the 2FA Code (underneath the QR-Code)
Insert your Binance password
Insert the 2FA Code shown in the App
To transfer your Coins from i.e Coinbase to Binance you need your reciving adress. Log into Binance and goto "Funds -> Deposits/Withdrawals" and search for BTC. Then click Deposit and copy your BTC Deposit Adress. (Search for ETH when using Ethereum)
Sending your Coins to Binance costs the coins network fee. If you bought your Coins at Coinbase you can avoid these Fees. (Skip if you dont use Coinbase)
To avoid the Bitcoin-Network-Fees, you have to login to you GDAX account, using your Coinbase login(GDAX may require a second identification-document).GDAS is an Exchange Market provided by Coinbase. Thats why transfers between Coinbase and GDAX are free and instant. Furthermore you can Transfer your Bitcoins from GDAX to Binance for free, which will save you round about 30$ in Fees.
Goto Gdax.com and login with your Coinbase Account.
Upload a second verification-document.
Click "Deposit" on the top left corner, Select "Coinbase Account" and transfer your Bitcoins.
After you recieved your Bitcoins on GDAX, select Withdraw and goto "BTC Adress".
Insert the address you copied in Binance
Now we need to trade those to Altcoins. Goto " Exchange -> Basic" and search for your Coin in the top right window.
After you select your Coin you can insert your Price and Amount in the windows in the middle at the bottom. If you want to buy your Coin as fast as possible you can keep the preselected price and choose "100%" to use all your Bitcoins.Congratulations, after your Order is accepted you will recieve your Altcoin!