Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
1 Bitcoin equals $4.52K ENS
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Platform | Bitcoin | Ethereum Name Service |
---|---|---|
Binance | 1 BTC | 4.52K ENS |
BTSE | 1 BTC | 3.14K ENS |
To buy Bitcoin using Ethereum Name Service, first, find a cryptocurrency exchange that supports the BTC/ENS trading pair, such as Binance or BTSE. Create an account, verify your identity, and deposit your ENS into your exchange wallet. Locate the BTC/ENS pair on the trading platform and place an order to exchange your Ethereum Name Service for Bitcoin. If the BTC/ENS pair is unavailable, you can first exchange Ethereum Name Service 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 Ethereum Name Service, first, find a cryptocurrency exchange that supports the BTC/ENS trading pair, such as Binance or BTSE. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/ENS pair on the trading platform and place a sell order to exchange your Bitcoin for Ethereum Name Service. If the BTC/ENS pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum Name Service. 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