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