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