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