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