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