Ethereum ETFs Experience Significant Outflows in August 2024
In a surprising turn of events, Ethereum exchange-traded funds (ETFs) witnessed substantial outflows...
1 Wrapped Bitcoin equals 23.8 ETH
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Platform | Wrapped Bitcoin | Ethereum |
---|---|---|
Binance | 1 WBTC | 23.8 ETH |
To buy Wrapped Bitcoin using Ethereum, first, find a cryptocurrency exchange that supports the WBTC/ETH trading pair, such as Binance. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the WBTC/ETH pair on the trading platform and place an order to exchange your Ethereum for Wrapped Bitcoin. If the WBTC/ETH pair is unavailable, you can first exchange Ethereum for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Wrapped Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Wrapped Bitcoin for Ethereum, first, find a cryptocurrency exchange that supports the WBTC/ETH trading pair, such as Binance. Create an account, verify your identity, and deposit your WBTC into your exchange wallet. Locate the WBTC/ETH pair on the trading platform and place a sell order to exchange your Wrapped Bitcoin for Ethereum. If the WBTC/ETH pair is unavailable, you can first sell Wrapped Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
In a surprising turn of events, Ethereum exchange-traded funds (ETFs) witnessed substantial outflows...
On Monday, July 29, 2024, the price of Bitcoin (BTC) fell below $67,000 as the U.S. government moved...