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