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