How to Buy Celo Dollar (CUSD) with michi ($MICHI)
To purchase Celo Dollar using michi, begin by finding a cryptocurrency exchange that offers the CUSD/$MICHI trading pair. Set up an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the CUSD/$MICHI pair on the trading platform and place an order to swap your michi for Celo Dollar. If the CUSD/$MICHI pair is not available, you can initially exchange michi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Celo Dollar. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Celo Dollar (CUSD) for michi ($MICHI)
To sell Celo Dollar for michi, first, find a cryptocurrency exchange that supports the CUSD/$MICHI trading pair. Create an account, verify your identity, and deposit your CUSD into your exchange wallet. Locate the CUSD/$MICHI pair on the trading platform and place a sell order to exchange your Celo Dollar for michi. If the CUSD/$MICHI pair is unavailable, you can first sell Celo Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for michi. Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.