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Is it possible to trade XCH for USD on Binance?

avatarScarborough BekkerDec 25, 2021 · 3 years ago3 answers

I'm wondering if it's possible to trade XCH (the native cryptocurrency of Chia Network) for USD on Binance. Can I directly convert my XCH holdings into USD on the Binance platform?

Is it possible to trade XCH for USD on Binance?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, it is possible to trade XCH for USD on Binance. Binance supports a wide range of cryptocurrencies, including XCH, and provides various trading pairs with USD. You can easily convert your XCH holdings into USD by placing a sell order on the XCH/USD trading pair.
  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, Binance does not currently offer a direct XCH/USD trading pair. However, you can still trade XCH for other cryptocurrencies on Binance and then convert those cryptocurrencies to USD on other platforms or exchanges that support XCH/USD trading pairs.
  • avatarDec 25, 2021 · 3 years ago
    While Binance does not support XCH/USD trading directly, you can use BYDFi, another digital currency exchange, to trade XCH for USD. BYDFi offers a seamless trading experience and supports the XCH/USD trading pair. Simply create an account on BYDFi, deposit your XCH, and start trading XCH for USD.