common-close-0
BYDFi
Trade wherever you are!

Can I use Bitcoin to purchase CRED?

avatarfarhanancaryDec 16, 2021 · 3 years ago3 answers

Is it possible to buy CRED using Bitcoin? How can I use Bitcoin to purchase CRED tokens?

Can I use Bitcoin to purchase CRED?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can use Bitcoin to purchase CRED tokens. CRED is an ERC-20 token, which means it runs on the Ethereum blockchain. To buy CRED with Bitcoin, you would need to convert your Bitcoin to Ethereum first. Once you have Ethereum, you can use a decentralized exchange (DEX) or a centralized exchange that supports CRED to make the purchase. Make sure you have a compatible Ethereum wallet to store your CRED tokens after the purchase.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! Bitcoin can be used to buy CRED tokens. Just convert your Bitcoin to Ethereum and then use a platform that supports CRED trading. Keep in mind that you may need to pay transaction fees and follow the necessary steps to complete the purchase. It's always a good idea to double-check the current exchange rate and any additional requirements before making the transaction.
  • avatarDec 16, 2021 · 3 years ago
    Yes, Bitcoin can be used to purchase CRED tokens. However, it's important to note that I work at BYDFi, a cryptocurrency exchange that supports CRED trading. At BYDFi, you can easily convert your Bitcoin to Ethereum and buy CRED tokens. We provide a user-friendly interface and competitive exchange rates. Feel free to explore our platform and start trading CRED with Bitcoin today!