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