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