How to Exchange Velodrome Finance (VELO) for Bitcoin (BTC) in Italy

To sell Velodrome Finance for Bitcoin, first, find a cryptocurrency exchange that supports the VELO/BTC trading pair. Create an account, verify your identity, and deposit your VELO into your exchange wallet. Locate the VELO/BTC pair on the trading platform and place a sell order to exchange your Velodrome Finance for Bitcoin. If the VELO/BTC pair is unavailable, you can first sell Velodrome Finance 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. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.