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