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