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