Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
To buy Lido Staked ETH using Bitcoin, first, find a cryptocurrency exchange that supports the STETH/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the STETH/BTC pair on the trading platform and place an order to exchange your Bitcoin for Lido Staked ETH. If the STETH/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Lido Staked ETH. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Lido Staked ETH for Bitcoin, first, find a cryptocurrency exchange that supports the STETH/BTC trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the STETH/BTC pair on the trading platform and place a sell order to exchange your Lido Staked ETH for Bitcoin. If the STETH/BTC pair is unavailable, you can first sell Lido Staked ETH 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.
A post by Evelyn Soto
A post by William Parvez