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

