Are you really excited about trading cryptocurrencies online and buying in with your US dollars or euros, or yuan, or pounds or whatever you are using? I am too, and what I want to know is what is the very fastest way to do it As I look down there's hundreds of different currencies I can buy here and the question I have today is, "What's the very fastest way for me to take the US dollars out of my wallet and put it into one of these 175+ currencies that are available on Bittrex?" Once I have got my money on Bittrex then I can very easily trade all of these top currencies here

What I am going to do is a speed test, I am going to test each of the Bitcoin, Ethereum, and Litecoin These are three currencies that Coinbase allows me to instantly change my US dollars into Would you leave a like on this video if you would like me to do more of these speed tests, testing different wallets, testing different exchanges to see what is the fastest? I want to know what is the very fastest way for me to get my US dollars into any altcoin because I can instantly change to Bitcoin and Ethereum, and Litecoin, but if I want to have more buying options, I like Bittrex so far as the fastest I have used to be able to change my currencies So what I am going to do, I've got three different stopwatch programs here, the Google stopwatch, the time and date stopwatch, and another stopwatch I am going to go through and do this live with you and fast forward if it takes a long time

I am going to change the US dollars into Bitcoin, into Ethereum, into Litecoin, I am then going to send those over to my Bittrex wallet I will then time each one of these transactions, and tell you then by the end of this video exactly which one of these on Coinbase and potentially, if you are using other wallets, this will have the same impact, to show which currency is the very fastest to change into a– from a fiat currency like US dollars into it Here we go, and I will have to edit some parts out so that– if there is confirmation codes or passwords or whatever What I am going to do, I want to buy a currency There is one currency I am really excited about, I am going all-in, I have sold everything else and I bought this one currency, if you want to see which one that is, I've got a course up explaining what I think is the number one crypto investment opportunity

I am grateful for everyone who has enrolled in it already, over 5,000 in sales on my university in the last two weeks, I am extremely grateful for that If you would like to see exactly which currency I am going to buy with this, then would you please enroll at the University of Jerrybanfieldcom What I want to do is be able to buy this currency as fast as possible What I will do is I am going to buy $400 of Bitcoin, of Ethereum, and of Litecoin, I am going to put that on www

bittrexcom and see which one of those does it the fastest That way in the future, I can just use that one currency to deposit, instead of potentially getting stuck, some Bitcoin transactions have taken as long as eight hours, and I don't want that I am going to start with Bitcoin because I think Bitcoin will be the slowest I will put $400 in here in Coinbase

Again, if you would like me to do some videos on other exchanges like Poloniex, just leave a like and that and then I will test Poloniex as well Poloniex has been going really slow the last few days What I will do, I put $400 in here, you will see there is a fee on Coinbase, there is a– Well, let me just blank my face out There is a four dollar fee on Coinbase to change, plus there is an exchange rate difference, Coinbase is effective however it does have significant fees, but it is instant As soon as I hit buy Bitcoin right here, I hit the confirm buy button over there

Now, I view my dashboard and it says it is instant but I– sometimes it takes a minute You can see, even though I hit buy on my Bitcoin, I don't actually have that in my wallet yet What I will do is just to not account for the Coinbase's individual time variations I will buy $400 in Ethereum also and wow that only gets me 2 36 Ethereum, that used to get a lot of Ethereum

So, I am going to buy $400 of Ethereum and then I am going to go back to my dashboard and it still hasn't updated yet What I am going to do is go over here to Litecoin, I am going to buy $400 of Litecoin also, and then we are going to test all of these against each other to see– as soon as they are all ready to go, I am going to send all of these at the exact same time over to Bittrex and we will see which one actually gets deposited the fastest, and we will see which one then I essentially want to use in the future Now my wallet is going a little bit slow on Coinbase, it is not allowing me to– I just spent the 400 on each of it and usually, it is instant on Coinbase, it said instant buy on all of these but as you can see, it hasn't actually put it in there yet What I will do is pause this part of the video here and I will continue once– I will tell you– I'll just start the stopwatch, I will tell you how long it took before I could actually send it out You can see why I want to do a speed test like this because of how impatient I get with using stuff, I am used to everything working, so it took a whopping one minute twenty-seven seconds for my balances to all transfer properly

So if you look now, I have got all the balances I just bought into Bitcoin, Ethereum, and Litecoin, and what I will do now, I am going to start the send request process, what I will do, I will grab each one of these, so I will send each of these over, so I need my deposit address I will type the Bitcoin number in, I will send all the Bitcoin, I will send– I will select my wallet so I'll send all the Ethereum, and then I will also do the same thing on Litecoin I will go in and send each of these different transactions over to wwwbittrexcom and what I will do is start the stopwatch, so I am not going to film every single minute of it, it might take anywhere from 10 to 40 minutes

What I will do is when I get each individual deposit, I will stop the stopwatch, I will film that part of the video and show you that I got it, and then once I have got them all, I will compare all the results for you to show exactly which is the fastest In order to get my deposit address, all I do on Bittrex is I hit the plus sign, I go up to my wallet, I hit the plus sign right here and I follow the instructions it gives me And then I put that exact address in the exact correct wallet Now, one of the things I could potentially screw up doing this, if I send Bitcoin in my Litecoin address, for example, I could potentially lose all my Bitcoin that way, so I recommend test this on the smallest amount you are comfortable possible, I have transacted now in hundreds of thousands of dollars online So far everything went smooth

I always double check my addresses in the beginning and in the end to make sure they look right and I try and take it slow, make sure I have got everything pasted and send that in there I am going to send all of these over to Bittrex and see which one goes the fastest and then start the stopwatch in each one And then, I will pause the video and then I will record each additional part once the transaction is finished to show you how long it took Thank you very much for watching this video with me, I hope this is really helpful for you I just finished sending out all my deposits, and if you think it is nerve- wracking in that short period of time between when you actually send everything so you can see everything has been sent, the Bitcoin, Ethereum, and Litecoin and currently if you actually look at my wallet, nothing has happened yet, so, of course, it is nerve- wracking in this phase where your money essentially is between places where you can have it

My money is kind of out on the internet somewhere in the blockchain and I have got nothing in here So far we have got 000350 on the Bitcoin one, 0002

28 on the Ethereum, and 000136 on the Litecoin Currently, there is no action on anything yet, all of them have been sent on Coinbase's side and they are all pending, so there is no action on any of them in the first couple minutes Of course, it is quite normal if you are sending out for it to take a little bit and you can see there is not even a pending deposit yet

I will show you the time frames on each of these as well so that you can get comfortable if you are new to this, or even if you've sent hundreds of transactions or like I have thousands of transactions, like maybe I've done in the future, maybe there can be a little more comfort with how long this whole process takes Now, naturally, the exact wallet you use, the exact state of the blockchain, all of these things can make a big difference, so there is no hurry, essentially, in terms of this being an absolute result This is on May 23rd, 2017 so conditions could change I hope this is useful though for providing a look at how fast all these are Now, wait until I have got some pending deposit activity and I will check back in with you

For the pending deposit, Ethereum and Litecoin both win I believe Litecoin came in a fraction of a minute sooner, maybe 10 to 30 seconds sooner than Ethereum, but both the Litecoin and the Ethereum came in nearly instantly Right now, I have pending deposits here on Bittrex for both Ethereum and Litecoin, I've got nothing available currently for Bitcoin, it's been 8 minutes since I sent the Bitcoin transaction, I hope the blockchain's not backed up by 10 hours or I'll be doing this video for a while So far seven minutes since the Ethereum one and so far six minutes since the Litecoin, both the Litecoin and the Ethereum are competing to be the first approved deposit here, I'll let you know which deposit actually goes through first Bottom line, you probably want to use Ethereum or Litecoin if you're buying on Coinbase to send your transactions over to another exchange because bitcoin is significantly slower and that's one of the things that's providing the value of Ethereum and Litecoin

Whatever Coinbase decides to add, is the ability to have these faster transactions You can see even though the Bitcoin is several minutes ahead of the other two, there's not even a pending deposit yet on the Bitcoin, I'll keep you updated here and show you which one actually confirms the fastest along with showing when the Bitcoin actually arrives This is going to be such a close race, I'm so excited to see who wins between Litecoin and Ethereum Litecoin and Ethereum currently are in a dead heat right now, 2/6 confirmations for Litecoin, 25/36 for Ethereum Still, nothing on the Bitcoin deposit at 14 minutes and we got 12 minutes on Ethereum and just over 12 minutes also on Litecoin

These two are very close right now, I literally am refreshing the page to see which one wins and I'm excited to share with you who the winner is I am very excited to announce Ethereum is the winner, Ethereum came in remarkably fast My Ethereum is now available, my Litecoin is still pending deposit even though the Litecoin deposit time has just passed the Ethereum deposit time, it took a total of 13 minutes from the moment I hit send on Coinbase until the moment my Ethereum was available in Bittrex That is currently the fastest way I see to send money online, with Ethereum, and part of the reason for that is Ethereum block stats is moving so rapidly, it's pushing transactions through at an amazing rate even in the middle of this spike The current winner is Ethereum, I am now planning based on the results here to use Ethereum to fund my deposits on Bittrex because this will give me the very fastest deposit

Now, Litecoin is not far behind right now, Litecoin currently has two out of six confirmations, Litecoin is still making good progress, however, Bitcoin is not even showing a pending deposit yet Bitcoin is 17 minutes in, there's not even a pending deposit on Bitcoin, let alone a confirmation Meanwhile 4 minutes faster than, Bitcoin is not even shown up yet, Ethereum is finished The winner of this speed test is Ethereum, I will be buying and transacting primarily now in Ethereum out of Coinbase I take my US dollars into Ethereum and then I put my Ethereum on Bittrex, then I can buy the one currency I'm excited the very most about and then send that out to my wallet

I'll show you from here how fast Litecoin comes in and I hope I don't have to wait all day to finish this up with the Bitcoin part I am very pleased to announce that Litecoin has come in at a clear second place, Litecoin currently it has my available balance The Litecoin took 17 minutes from the time I sent the transaction until the time when the deposit was actually available No more pending deposit, the Litecoin balance is available in my account Now, the Bitcoin pending deposit still has not arrived yet, I already sold my Ethereum into Bitcoin so that I can buy other currency I'm really excited about

Then, these are the numbers so far, you have Ethereum four minutes faster to make the deposit Now, the main way Ethereum was faster is that it got the necessary confirmations faster than Litecoin Ethereum needed 26 confirmations to go through, Litecoin needed six, Ethereum got the 26 confirmations faster than Litecoin got the six I will be using– if something happens with the Ethereum network, Litecoin will be my second choice currently to make deposits I am not planning to make any more Bitcoin transactions except is needed to buy and sell because it's so much slower to use Bitcoin

As you can see these sends, I actually sent the Bitcoin first, it's been 21 minutes now The Ethereum completed eight minutes ago and the transaction for Litecoin completed a few minutes ago Still nothing on the Bitcoin How long do you think it's going to take for the Bitcoin to go all the way through? My prediction is an hour and a half, we'll see how long it takes As my dad would say, "Wrong again boy, wrong again

" The Bitcoin only took 23 minutes to confirm and Bitcoin skipped, it didn't go into a pending deposit at all, it went straight through as soon as it hit, it went in and deposited You can see the order right here, Ethereum one, Litecoin came in second just a very short time behind Ethereum, then Bitcoin came in at the slowest Bitcoin took 23 minutes from the time of send to be available to use, Ethereum only took 13, that means 10 minutes faster to use Ethereum, meanwhile Litecoin came in the middle, five minutes faster than using bitcoin, about four minutes slower than using Ethereum, three and a half minutes slower if you want to do a little Thank you very much for watching this, I'm really excited to have shared this with you, would you please leave a like if you enjoyed this if you found this helpful If you'd like me to test out something different, for example, if you'd like me to do this same experiment on Poloniex where I've heard Ethereum goes really slow on Poloniex, I have not verified for myself, it worked last time I used it If you'd like me to repeat this on another exchange like Bitfinex or if you'd like me to repeat it on Poloniex, please tell me that

If you would like to get yourself a Coinbase wallet, Coinbase is the main wallet I use to buy my US dollars into now Ethereum, Bitcoin, and Litecoin This is where I've done most all of my transactions from US dollars into another currency if you'd like to get $10 in Bitcoin would you please use my link at wwwjerrybanfield

com/resour ces If you click on it and load up a $100 worth of Bitcoin or another currency in your own wallet, Coinbase will give me and you each $10 in Bitcoin I'm grateful over 140 people have already done that since I started using Coinbase and sharing that I was using it If you would like to see exactly which cryptocurrency I'm going to buy, I'm using all this to buy a cryptocurrency that I'm really excited about If you would like to see which one that is and be one of the first people in the world to see it and buy it before I start pumping it all over the place on my youtube channel and everywhere and start advertising it

If you'd like to see which currency it is would you please buy my course on the University of Jerrybanfieldcom, it's called the number one crypto investment opportunity May 21, 2017, and the cost is $180 unless if you subscribe, but you can get access every month to all my courses for $27, you can get all the courses I teach for the rest of my life for $297 I currently have about 100 video courses, 13 or so of them are up on the website, I'm putting new ones up every day I'm hoping to have a thousand plus courses done over my entire life I'm honored you've spent this time here with me, I love you, I think you're amazing for hanging out with me and giving me this opportunity today

I'll review the results with you one more time here, bitcoin 22 minutes 52 seconds for the transaction, Ethereum 13 minutes 29 seconds as the winner, and then Litecoin 17 minutes and 12 seconds at second place Thank you, I love you hope you have a wonderful day and I'll hope to see you again soon