How to Purchase Bitcoin (BTC) Using CUSTODIY (CTY)
To purchase Bitcoin using CUSTODIY, start by finding a cryptocurrency exchange that offers the BTC/CTY trading pair. Create an account, verify your identity, and deposit your CTY into your exchange wallet. Then, locate the BTC/CTY pair on the platform and place an order to trade your CUSTODIY for Bitcoin. If the pair is unavailable, you can first exchange CUSTODIY for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Bitcoin (BTC) for CUSTODIY (CTY)
To sell Bitcoin for CUSTODIY, first, find a cryptocurrency exchange that supports the BTC/CTY trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/CTY pair on the trading platform and place a sell order to exchange your Bitcoin for CUSTODIY. If the BTC/CTY pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for CUSTODIY. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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