Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
To buy Bitcoin using BitMEX, first, find a cryptocurrency exchange that supports the BTC/bmex trading pair. Create an account, verify your identity, and deposit your bmex into your exchange wallet. Locate the BTC/bmex pair on the trading platform and place an order to exchange your BitMEX for Bitcoin. If the BTC/bmex pair is unavailable, you can first exchange BitMEX 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 BitMEX, first, find a cryptocurrency exchange that supports the BTC/bmex trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/bmex pair on the trading platform and place a sell order to exchange your Bitcoin for BitMEX. If the BTC/bmex pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BitMEX. 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