Cryptsy review: How to trade over 100 cryptocurrency pairs on one exchange

Editor’s note: This is a reprint of an article describing cryptocurrency exchanges. The links to the Cryptsy site are affiliate links from the author, and I chose to include them with disclosure rather than edit them out. With the recent volatility of Bitcoin, I learned a lot about the diversity of cryptocurrency types and how people exchange them from this piece. – JD 

How to trade over 100 cryptocurrency pairs on one exchange? It’s simple if you use Cryptsy (affiliate link) to exchange your Bitcoin, Litecoin or Primecoin for over 65 different altcurrencies. Enjoy this helpful Cryptsy review.

Here is a partial list of some of the most popular cryptocurrencies you can trade on Cryptsy today:

• Bitcoin (BTC)
• Litecoin (LTC)
• Peercoin (PPC)
• Namecoin (NMC)
• Quark (QRK)
• ProtoShares (PTS)
• Megacoin (MEC)
• Worldcoin (WDC)
• Primecoin (XPM)
• DogeCoin (DGC)
• Devcoin (DVC)

Signing up for a Cryptsy account is very easy to do. Simply click on the “Register New Account” link and enter just a few bits of basic information. Pick a username and a hard to guess password for your new account and you are nearly there. Watch for a “Confirmation of Registration” message sent to the email address you used when you signed up for an account. Click on the link in the confirmation email you receive to activate your account and then log into your account.

Next you need to get your Bitcoin into your Cryptsy account. Simply log into your account and click on the “Balances” tab. Under the “Actions” column, click on the “BTC actions” button. Choose “Deposit BitCoin & AutoSell Setup” from the drop down menu. Copy the Bitcoin address under “Your Deposit Address.” Use this address to send your Bitcoin from your wallet to your Cryptsy account.

Here are the steps to get your Bitcoin account:

1. Login to your Crypsty Account
2. Click on your balances tab
3. Click the BTC or other currency Action button
4. Choose Deposit
5. Generate address and send the coin to that address.

It really is that easy to trade over 100 cryptocurrency pairs on one exchange.

What cryptocurrencies do you like besides Bitcoin?

Leave a comment and do share.

via:http://leaderswest.com/2014/02/25/cryptsy-review-how-to-trade-over-100-cryptocurrency-pairs-on-one-exchange/