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