How to Purchase Bitcoin (BTC) with Bonfire (BONFIRE) in Canada
To buy Bitcoin using Bonfire, first, find a cryptocurrency exchange that supports the BTC/BONFIRE trading pair. Create an account, verify your identity, and deposit your BONFIRE into your exchange wallet. Locate the BTC/BONFIRE pair on the trading platform and place an order to exchange your Bonfire for Bitcoin. If the BTC/BONFIRE pair is unavailable, you can first exchange 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 cost of your transaction in Canada.
How to Sell Bitcoin (BTC) for Bonfire (BONFIRE) in Canada
To sell Bitcoin for Bonfire, first, find a cryptocurrency exchange that supports the BTC/BONFIRE trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/BONFIRE pair on the trading platform and place a sell order to exchange your Bitcoin for Bonfire. If the BTC/BONFIRE pair is unavailable, you can first sell 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 amount you receive in Canadian dollars.

