How to Buy Bitcoin (BTC) with Binance-Peg BUSD (BUSD)
To buy Bitcoin using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the BTC/BUSD trading pair. 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-Peg BUSD for Bitcoin. If the BTC/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD 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 Binance-Peg BUSD (BUSD)
To sell Bitcoin for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the BTC/BUSD trading pair. 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-Peg BUSD. 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-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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