How to Buy Bitcoin (BTC) with Basis Cash (BAC)
To buy Bitcoin using Basis Cash, first, find a cryptocurrency exchange that supports the BTC/BAC trading pair. Create an account, verify your identity, and deposit your BAC into your exchange wallet. Locate the BTC/BAC pair on the trading platform and place an order to exchange your Basis Cash for Bitcoin. If the BTC/BAC pair is unavailable, you can first exchange Basis Cash for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Bitcoin (BTC) for Basis Cash (BAC)
To sell Bitcoin for Basis Cash, first, find a cryptocurrency exchange that supports the BTC/BAC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/BAC pair on the trading platform and place a sell order to exchange your Bitcoin for Basis Cash. If the BTC/BAC pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Basis Cash. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.