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