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