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