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Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
BTC to SKY: Convert and Swap Bitcoin (BTC) to Skycoin (SKY)
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How to Buy Bitcoin (BTC) with Skycoin (SKY)
To buy Bitcoin using Skycoin, first, find a cryptocurrency exchange that supports the BTC/SKY trading pair. Create an account, verify your identity, and deposit your SKY into your exchange wallet. Locate the BTC/SKY pair on the trading platform and place an order to exchange your Skycoin for Bitcoin. If the BTC/SKY pair is unavailable, you can first exchange Skycoin 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 Skycoin (SKY)
To sell Bitcoin for Skycoin, first, find a cryptocurrency exchange that supports the BTC/SKY trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/SKY pair on the trading platform and place a sell order to exchange your Bitcoin for Skycoin. If the BTC/SKY pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Skycoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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