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