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Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
BTC to yam: Convert and Swap Bitcoin (BTC) to YAM (yam)
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How to Buy Bitcoin (BTC) with YAM (yam)
To buy Bitcoin using YAM, first, find a cryptocurrency exchange that supports the BTC/yam trading pair. Create an account, verify your identity, and deposit your yam into your exchange wallet. Locate the BTC/yam pair on the trading platform and place an order to exchange your YAM for Bitcoin. If the BTC/yam pair is unavailable, you can first exchange YAM 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.
How to Sell Bitcoin (BTC) for YAM (yam)
To sell Bitcoin for YAM, first, find a cryptocurrency exchange that supports the BTC/yam trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/yam pair on the trading platform and place a sell order to exchange your Bitcoin for YAM. If the BTC/yam pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for YAM. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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