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Is it possible to buy Sphere Token directly with fiat currency or do I need to convert it to Bitcoin first?

avatarAndres ZapataNov 27, 2021 · 3 years ago3 answers

I'm interested in buying Sphere Token, but I'm not sure if I can purchase it directly with fiat currency or if I need to convert it to Bitcoin first. Can I buy Sphere Token with traditional currency, or do I have to go through the process of converting it to Bitcoin before I can make a purchase?

Is it possible to buy Sphere Token directly with fiat currency or do I need to convert it to Bitcoin first?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, it is possible to buy Sphere Token directly with fiat currency. Some exchanges allow you to purchase Sphere Token using USD, EUR, or other traditional currencies. You can check with popular exchanges like Binance or Coinbase to see if they offer direct fiat currency trading pairs for Sphere Token. This way, you can avoid the hassle of converting your money to Bitcoin first.
  • avatarNov 27, 2021 · 3 years ago
    No, you cannot buy Sphere Token directly with fiat currency. Most exchanges only offer trading pairs with Bitcoin or other cryptocurrencies. To buy Sphere Token, you will need to convert your fiat currency to Bitcoin first, and then use Bitcoin to purchase Sphere Token on a cryptocurrency exchange.
  • avatarNov 27, 2021 · 3 years ago
    As of now, BYDFi is the only exchange that allows you to buy Sphere Token directly with fiat currency. They have recently introduced a new feature that enables users to purchase Sphere Token using USD, EUR, or other traditional currencies. This makes it convenient for users who don't want to go through the process of converting their money to Bitcoin before buying Sphere Token.