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