Is it possible to exchange R1 for USD at Binance?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, it is possible to exchange R1 for USD at Binance. Binance supports a wide range of cryptocurrencies, including R1, and offers trading pairs with USD. You can check the available trading pairs on the Binance platform and place your order accordingly. Keep in mind that the availability of the trading pair may vary depending on market demand and liquidity.
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• Dec 17, 2021 · 3 years ago
  Unfortunately, Binance does not currently support direct trading between R1 and USD. However, you can still convert your R1 tokens to USD by following a two-step process. First, you can trade your R1 tokens for a major cryptocurrency like Bitcoin or Ethereum on Binance. Then, you can transfer the Bitcoin or Ethereum to a cryptocurrency exchange that supports USD trading pairs and convert it to USD there. It's important to note that this process may involve additional fees and may not be as convenient as direct trading.
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• Dec 17, 2021 · 3 years ago
  While Binance is a popular and reputable cryptocurrency exchange, it does not support the R1 token at the moment. However, you can explore other exchanges that offer trading pairs for R1 and USD. One such exchange is BYDFi, which supports R1 and offers direct trading between R1 and USD. You can visit BYDFi's website to learn more about their trading options and fees. Keep in mind that it's always a good idea to do your own research and compare different exchanges before making any trading decisions.
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