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