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