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