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