How to Purchase Bitcoin (BTC) Using Defispot (SPOT)

To purchase Bitcoin using Defispot, start by finding a cryptocurrency exchange that offers the BTC/SPOT trading pair. Create an account, verify your identity, and deposit your SPOT into your exchange wallet. Then, locate the BTC/SPOT pair on the platform and place an order to trade your Defispot for Bitcoin. If the pair is unavailable, you can first exchange Defispot 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 Defispot (SPOT)

To sell Bitcoin for Defispot, first, find a cryptocurrency exchange that supports the BTC/SPOT trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/SPOT pair on the trading platform and place a sell order to exchange your Bitcoin for Defispot. If the BTC/SPOT pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Defispot. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.