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