Buying more XRP with BTC or ETH?

[Guest]

Hi, I'm going to be buying some more XRP while it's down.  Hopefully grab it at under $2.

I'm sending either BTC or ETH to Binance via Coinbase.    With ETH way high right now, am I better off buying BTC and sending it to Binance and just deal with a 12 hour wait on it arriving?  I know ETH will arrive faster but I should have more purchasing power with BTC (more XRP) or am I missing something and it doesn't matter if I do it quickly?

Thank you!

Edited January 10, 2018 by Guest

[Tayto]

3 minutes ago, misterford said:

Hi, I'm going to be buying some more XRP while it's down.  Hopefully grab it at under $2.

I'm sending either BTC or ETH to Binance via Coinbase.    With ETH way high right now, am I better off buying BTC and sending it to Binance and just deal with a 12 hour wait on it arriving?  I know ETH will arrive faster but I should have more purchasing power with BTC (more XRP) or am I missing something and it doesn't matter if I do it quickly?

Thank you!

Buy LTC or ETH on CB. 

Send to Binance

Then trade LTC>BTC>XRP on Binance

Edited January 10, 2018 by Tayto

[DoWhatIDo904]

6 minutes ago, Tayto said:

Buy LTC or ETH on CB. 

Send to Binance

Then trade LTC>BTC>XRP on Binance

This. quickest, cheapest way. BTC or ETH will take hours to transfer.

[Guest]

8 minutes ago, DoWhatIDo904 said:

This. quickest, cheapest way. BTC or ETH will take hours to transfer.

Great, thanks guys.

[southern9]

Send to Gdax (coinbase) first. Then it’s fast and free.

[Champipple]

4 hours ago, DoWhatIDo904 said:

This. quickest, cheapest way. BTC or ETH will take hours to transfer.

I bought ETH this morning on CB and transferred to Binance to buy more Zerps and it took all of ten minutes. 

[latetothegame]

2 hours ago, southern9 said:

Send to Gdax (coinbase) first. Then it’s fast and free.

Is there a benefit if sending ETH from Coinbase to Gatehub to send to GDAX in the middle? Just trying to find out why I have seen so many people say to send from Coinbase to GDAX before sending to another exchange?

[DoWhatIDo904]

3 hours ago, Champipple said:

I bought ETH this morning on CB and transferred to Binance to buy more Zerps and it took all of ten minutes. 

Awesome! The last time I used ETH it took me about 4 hours. That was last week.

[DoWhatIDo904]

I believe it's no fees to gdax then lower fees to whichever exchange you're using.

Edited January 11, 2018 by DoWhatIDo904

[Hope777]

It's the BTC fees that can kill you, they vary according to how busy the network is. I have had a fee of $80. on top of the exchange fees before. I always use ETH from coinbase

[latetothegame]

Ok, looks like I lucked out and just got a new account on Binance tonight, so if I buy on ETH on Coinbase it sounds like I should send to GDAX first and then onto Binance to save a bit in fees correct?

[Champipple]

10 hours ago, latetothegame said:

Ok, looks like I lucked out and just got a new account on Binance tonight, so if I buy on ETH on Coinbase it sounds like I should send to GDAX first and then onto Binance to save a bit in fees correct?

I would just send it to Binance. Their exchange fees are low.  I haven't used GDAX