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