how to move currency BTC pair from one exchange to another

[ZAINmalik75]

Hello guys,

i got a question about how to move currency between exchanges ?

for example i buy  BTC/GBP  on 1. exchange  and i wont to move this to another exchange -  what will happen on the other exchange if they support BTC/GBP pair will this be visible as BTC/GBP   ore as BTC/USDT ?

thanks

You bought BTC with GBP on 1 exchange and now you have BTC in your hands and what you will be sent from 1 exchange to another will be BTC and the 2nd exchange where you are receiving the BTC is not supporting GBP instead they are offering USDT or other pairs. Which means you would sell your BTC for USDT but not for GBP.

If you want to find a GBP pair then try to find a 2nd exchange that supports this pair. There might be other ways to convert the USDT to GBP but it depends on the 2nd exchange you are using. The simplest way to explain might be like this BTC->USDT->GBP

And if you want help with how to send BTC from 1 exchange to another then you should click on the BTC asset on your wallet and there you will find the withdrawal option, after clicking it you will be asked for the network, recipient address, and the amount you want to withdrawals, most of the exchanges detect the network type when the recipient address is given and the fee for the transaction is also provided at the bottom. It is different for almost every exchange.

[Faisal2202]

another question is how can i even trade USD - GBP ore EUR - GBP on exchange ?

it does not allow me to deposit GBP as currency

is there another way to change currency to currency on exchange ?  

Many members have already given the answers to your main query, and that would be if you want to transfer BTC from the first exchange you need the receiver address and you can do it quickly, but if you want to sell BTC on the other (2nd exchange) and wants GBP in return then make sure that the BTC/GBP pair is available on the exchange you have selected.

And talking about this question you first have to find an exchange where you can exchange or trade in forex, this is a forex exchange where you can trade in dollars or any other currencies which are in fiat form. After finding the forex exchange you can easily trade with your specific pair.

Yes, the pair you select can help you to change your specific currency like BTC into another currency like USDT and the pair will look like BTC/USDT.

[TelolettOm]

for example i buy  BTC/GBP  on 1. exchange  and i wont to move this to another exchange -  what will happen on the other exchange if they support BTC/GBP pair will this be visible as BTC/GBP   ore as BTC/USDT ?

thanks

Pairings like that, for example BTC/USDT, BTC/ETH, BTC/GTP or all existing pairings are usually used for trading or comparing conversions from BTC to other coins. So, if you have made a purchase, whether with any pairing and the purchase has been successful, all you have to do is send your BTC, no matter what it was at the time of purchase, it doesn't matter. But make sure that the purchase is successful. Try checking in your wallet to see if BTC is available. If so, just withdraw your BTC coins as usual to another exchange. Anyway, make sure that you check the destination wallet and also the network used. because this is really important, if it's wrong, you might lose your BTC. Understand first about Bitcoin trading, wallet, exchange, how to deposit, and also how to expand.

[tjtonmoy]

Go into your wallet and see what currency it shows. It should not be in pairs. Whatever single currency it shows, you can withdraw that to some other exchanges if they support that currency. As you have talked about BTC let's assume you have BTC in your wallet. Now if you want to transfer that to a different exchange, just select the network and then copy the address and make the transaction. Pairs are usually used in order to convert one currency to the selected other currency in that pair. Let's say you are trading BTC/ETH on one exchange and you withdraw it to another one but that one does not have BTC/ETH, instead, it has BTC/USDT and ETH/USDT. You can then convert your BTC to USDT and then convert it from USDT to ETH. Kinda the same but a bit more work.
But yeah, you can't transfer the whole pair. It should be in single currency and after the transfer, if the platform supports the same pair, then you can trade on that again.