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