Hi again @Alex. I just got my Ledger Nano S. What I now intend to do is to buy all cryptos supported by Ledger, weighted by their total market cap. Since bitstamp only supports a few, I will need to use a different service for it. Which one would you recommend? Binance or some other one?
I would also like to refer to your comment from a different thread (dated 16 Nov 2017):
At the time you wrote this post, Ripple was traded for $0.20. Then we know what happened. It spiked to $3.00, and currently dropped to $2.00. Still an impressive 10x jump. That’s why I believe it’s just better to buy as many currencies as possible, especially if (like me), one doesn’t know better.
Would this plan work more or less painlessly?
- Send CHF to bitstamp
- Buy ETH on bitstamp (is the trade settled quicker than BTC? which crypto is best to exchange to other cryptos?)
- Send ETH from bitstamp to binance
- Convert ETH to all cryptos supported by Ledger
- Send cryptos from Binance to my Ledger wallet