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