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