Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
1 Bitcoin equals $56.54K BUSD
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Platform | Bitcoin | Binance USD |
---|---|---|
Wirex | 1 BTC | 56.54K BUSD |
To buy Bitcoin using Binance USD, first, find a cryptocurrency exchange that supports the BTC/BUSD trading pair, such as Wirex. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the BTC/BUSD pair on the trading platform and place an order to exchange your Binance USD for Bitcoin. If the BTC/BUSD pair is unavailable, you can first exchange Binance USD 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.
To sell Bitcoin for Binance USD, first, find a cryptocurrency exchange that supports the BTC/BUSD trading pair, such as Wirex. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/BUSD pair on the trading platform and place a sell order to exchange your Bitcoin for Binance USD. If the BTC/BUSD pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance USD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Evelyn Soto
A post by William Parvez