How to Buy Alchemix USD (ALUSD) with michi ($MICHI)
To buy Alchemix USD using michi, first, find a cryptocurrency exchange that supports the ALUSD/$MICHI trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the ALUSD/$MICHI pair on the trading platform and place an order to exchange your michi for Alchemix USD. If the ALUSD/$MICHI pair is unavailable, you can first exchange michi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Alchemix USD. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Alchemix USD (ALUSD) for michi ($MICHI)
To sell Alchemix USD for michi, first, find a cryptocurrency exchange that supports the ALUSD/$MICHI trading pair. Create an account, verify your identity, and deposit your ALUSD into your exchange wallet. Locate the ALUSD/$MICHI pair on the trading platform and place a sell order to exchange your Alchemix USD for michi. If the ALUSD/$MICHI pair is unavailable, you can first sell Alchemix USD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for michi. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.