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