And what i’m going to do is I’m going to give
you a quick look at how easy it is to actually exchange some bitcoin for other cryptocurrencies.
Because I get a lot of emails and a lot of people writing to me saying, ‘hey I want to
get involved, I’ve got my money in my exchange I’ve got my bitcoin in my exchange now what
do I do? I’m a bit scared and I don’t know how it all works?’. So I’m going to show you
with my own account, I’ve got a little bit of bitcoin that I’m just going to show you
how easy it is to trade, to buy something like Ethereum and how the price of bitocin
and the price of Etherem have gone up and down and up and down and all over the place
for the last little while. So this is a bit of a rough video, I just wanted to get this
done quickl and get this out to you, so that you can have a look and see just how easy
it is to do. So literally I’m on the Bittrex exchange, I’ll show you up on the screen in
a minute. All I want to do, is I just want to go to my Ethereum/Bitcoin exchange – I’ll
show you up here. So what you can see up here is you can see all the different price movements
of Ethereum happening over the last sort of day these are in 30 minutes block intervals.
You can see the volume traded, you can see what people want to pay for it, the bid and
the ask price, the 24 Hour high and low. It’s nice and easy. You can then actually buy or
sell your Ethereum in here – so that’s what we’re going to do. WE’re going to jump down
on the computer here. I’ve got 0.148 bitcoin available so i’m just going to scroll down,
I’m going to buy the maximum amount of Ethereum that I can for that bitcoin, and I’m going
to place my order in at the ask price. So I want to make sure that executes. So I’ll
come back we’ll have a look here, you can see up here I’ve entered the maximum amount
of Ethereum I can buy at the bid price and that’s going to get me…0.1064 Ethereum.
So I’m going to execute that trade now – click on buy Ethereum. Confirm that. My ETH order
has been placed in the market and my buy order has been filled that’s nice and easy. And
there you can see that I’ve got Ethereum available there so if I wanted to then sell that back
into the market for bitcoin I could do so as well. So it’s that easy! It’s that simple
to get yourself some Ethereum. If you’ve got yourself some bitcoin and you’ve got it on
an exchange, this is just one example using Bittrex. And I guess it can’t be any more
simple than that. Just proof that once you’re involved in the cryptocurrency world and on
the exchanges how easy it is to actually change and exchange your cryptocurrencies for other
crypto. So that’s me again, Sam Volkering signing off and I’ll see you again next time.