How to Buy Bitcoin (BTC) with Octopus Network (OCT)
To purchase Bitcoin with Octopus Network, begin by finding a cryptocurrency exchange that offers the BTC/OCT trading pair. Create an account, confirm your identity, and deposit your OCT into your exchange wallet. Find the BTC/OCT pair on the trading platform and place an order to trade your Octopus Network for Bitcoin. If the BTC/OCT pair isn't available, you can first trade Octopus Network for a stablecoin like Tether (USDT) or a fiat currency, then exchange that for Bitcoin. Be aware of possible exchange fees, which differ by platform and could impact the overall cost of your transaction.
How to Sell Bitcoin (BTC) for Octopus Network (OCT)
To sell Bitcoin for Octopus Network, first, find a cryptocurrency exchange that supports the BTC/OCT trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/OCT pair on the trading platform and place a sell order to exchange your Bitcoin for Octopus Network. If the BTC/OCT pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Octopus Network. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.