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