<p>How do you transfer your potatos into rice?</p>

<p>You go to market, find somebody who wants to "transfer" his rice into potatos and exchange it with him. There's no direct way of transfering one commodity into another (except perhaps alchemy).</p>

<p>So no, you can't transfer cryptocoins across different cryptocoin daemons, that's impossible.</p>

<p>But there's plenty markets with crypto coins out there, try googling <strong>cryptocurrency exchange</strong>. </p>

CC BY-SA 3.0
2014-05-05T06:49:54.347Z
2014-05-05T06:49:54.347Z
knaperek
<p>How to transfer different cryptocoins from one daemon to another. I want to send currency from dogecoin to bitcoin, I think trading engine do such process. Can I implement such process across local daemons</p>

<transactions><bitcoind><client><trading><currencies>
How to transfer different cryptocoins from one daemon to another
Jsd
# How to transfer different cryptocoins from one daemon to another

(Asked by: username_0 on 2014-05-05)

How to transfer different cryptocoins from one daemon to another. I want to send currency from dogecoin to bitcoin, I think trading engine do such process. Can I implement such process across local daemons

**Tags:** transactions, bitcoind, client, trading, currencies


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## 1 answers

### Answer by username_1 on 2014-05-05. Score: 5

How do you transfer your potatos into rice?

You go to market, find somebody who wants to "transfer" his rice into potatos and exchange it with him. There's no direct way of transfering one commodity into another (except perhaps alchemy).

So no, you can't transfer cryptocoins across different cryptocoin daemons, that's impossible.

But there's plenty markets with crypto coins out there, try googling **cryptocurrency exchange**.


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