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