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