How to Buy Bitcoin (BTC) with StraitsX XUSD (XUSD)
To buy Bitcoin using StraitsX XUSD, first, find a cryptocurrency exchange that supports the BTC/XUSD trading pair. Create an account, verify your identity, and deposit your XUSD into your exchange wallet. Locate the BTC/XUSD pair on the trading platform and place an order to exchange your StraitsX XUSD for Bitcoin. If the BTC/XUSD pair is unavailable, you can first exchange StraitsX XUSD 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 StraitsX XUSD (XUSD)
To sell Bitcoin for StraitsX XUSD, first, find a cryptocurrency exchange that supports the BTC/XUSD trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/XUSD pair on the trading platform and place a sell order to exchange your Bitcoin for StraitsX XUSD. If the BTC/XUSD pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for StraitsX XUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.