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