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How to Buy Canadian Dollar (CAD) with Shiba Inu (SHIB)

To purchase Canadian Dollar using Shiba Inu, begin by finding a cryptocurrency exchange that offers the CAD/SHIB trading pair. Set up an account, verify your identity, and deposit your SHIB into your exchange wallet. Locate the CAD/SHIB pair on the trading platform and place an order to swap your Shiba Inu for Canadian Dollar. If the CAD/SHIB pair is not available, you can initially exchange Shiba Inu for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Canadian Dollar. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.

How to Sell Canadian Dollar (CAD) for Shiba Inu (SHIB)

To sell Canadian Dollar for Shiba Inu, first, find a cryptocurrency exchange that supports the CAD/SHIB trading pair. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the CAD/SHIB pair on the trading platform and place a sell order to exchange your Canadian Dollar for Shiba Inu. If the CAD/SHIB pair is unavailable, you can first sell Canadian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Shiba Inu. Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.