How to Buy Bitcoin (BTC) with Celo (CELO)
To purchase Bitcoin with Celo, begin by finding a cryptocurrency exchange that offers the BTC/CELO trading pair. Create an account, confirm your identity, and deposit your CELO into your exchange wallet. Find the BTC/CELO pair on the trading platform and place an order to trade your Celo for Bitcoin. If the BTC/CELO pair isn't available, you can first trade Celo for a stablecoin like Tether (USDT) or a fiat currency, then exchange that for Bitcoin. Be aware of possible exchange fees, which differ by platform and could impact the overall cost of your transaction.
How to Sell Bitcoin (BTC) for Celo (CELO)
To sell Bitcoin for Celo, first, find a cryptocurrency exchange that supports the BTC/CELO trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/CELO pair on the trading platform and place a sell order to exchange your Bitcoin for Celo. If the BTC/CELO pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Celo. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.