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