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