Post
Topic
Board Beginners & Help
Re: How to change trading pairs on existing holdings?
by
Xal0lex
on 19/01/2024, 17:48:28 UTC
Hi Everyone,

I have most of my portfolio paired with USDT (for example CSPR/USDT, CTSI/USDT etc) However, upon doing more research, I wish to change to BTC pairs instead.

What is the best way for me to switch the existing holdings to BTC pairs?

Is it simply to sell the coins and then buy back as BTC pairs?

I’m worried the buying and selling fees would add up to a lot. Is there any other way to achieve this?

Any thoughts would be much appreciated.

Many thanks in advance


It doesn't matter what asset you bought your coins for. Pairs merely show the price of your coin against an asset and are in no way tied to that asset. You can buy your coins for USDT and sell them for USDC, for example. And I don't recommend trading altcoins paired with bitcoin, because the price of almost all altcoins in this pair has a downward trend.