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