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