How do institutional investors influence cryptocurrency prices?
A post by Margaret Boucher
1 Bitcoin equals $74.53K USDE
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Platform | Bitcoin | Ethena USDe |
---|---|---|
Bybit | 1 BTC | 74.53K USDE |
To buy Bitcoin using Ethena USDe, first, find a cryptocurrency exchange that supports the BTC/USDE trading pair, such as Bybit. Create an account, verify your identity, and deposit your USDE into your exchange wallet. Locate the BTC/USDE pair on the trading platform and place an order to exchange your Ethena USDe for Bitcoin. If the BTC/USDE pair is unavailable, you can first exchange Ethena USDe 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.
To sell Bitcoin for Ethena USDe, first, find a cryptocurrency exchange that supports the BTC/USDE trading pair, such as Bybit. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/USDE pair on the trading platform and place a sell order to exchange your Bitcoin for Ethena USDe. If the BTC/USDE pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethena USDe. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Margaret Boucher
A post by Ohidul Islam