How to Buy Bitcoin (BTC) with Electron (ARC-20) (ELECTRON)
To buy Bitcoin using Electron (ARC-20), first, find a cryptocurrency exchange that supports the BTC/ELECTRON trading pair. Create an account, verify your identity, and deposit your ELECTRON into your exchange wallet. Locate the BTC/ELECTRON pair on the trading platform and place an order to exchange your Electron (ARC-20) for Bitcoin. If the BTC/ELECTRON pair is unavailable, you can first exchange Electron (ARC-20) 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 Electron (ARC-20) (ELECTRON)
To sell Bitcoin for Electron (ARC-20), first, find a cryptocurrency exchange that supports the BTC/ELECTRON trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/ELECTRON pair on the trading platform and place a sell order to exchange your Bitcoin for Electron (ARC-20). If the BTC/ELECTRON pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Electron (ARC-20). Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.