How to Buy Bonfire (BONFIRE) with Bitcoin (BTC)
To buy Bonfire using Bitcoin, first, find a cryptocurrency exchange that supports the BONFIRE/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BONFIRE/BTC pair on the trading platform and place an order to exchange your Bitcoin for Bonfire. If the BONFIRE/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bonfire. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Bonfire (BONFIRE) for Bitcoin (BTC)
To sell Bonfire for Bitcoin, first, find a cryptocurrency exchange that supports the BONFIRE/BTC trading pair. Create an account, verify your identity, and deposit your BONFIRE into your exchange wallet. Locate the BONFIRE/BTC pair on the trading platform and place a sell order to exchange your Bonfire for Bitcoin. If the BONFIRE/BTC pair is unavailable, you can first sell Bonfire 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 amount you receive.