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