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