Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
1 Binance USD equals $0.00 BTC
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Platform | Binance USD | Bitcoin |
---|---|---|
Wirex | 1 BUSD | 0.00 BTC |
To buy Binance USD using Bitcoin, first, find a cryptocurrency exchange that supports the BUSD/BTC trading pair, such as Wirex. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BUSD/BTC pair on the trading platform and place an order to exchange your Bitcoin for Binance USD. If the BUSD/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance USD. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Binance USD for Bitcoin, first, find a cryptocurrency exchange that supports the BUSD/BTC trading pair, such as Wirex. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the BUSD/BTC pair on the trading platform and place a sell order to exchange your Binance USD for Bitcoin. If the BUSD/BTC pair is unavailable, you can first sell Binance USD 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.
A post by Evelyn Soto
A post by William Parvez