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How to Buy Common (COMMON) with Lido Staked Ether (STETH)

To buy Common using Lido Staked Ether, first, find a cryptocurrency exchange that supports the COMMON/STETH trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the COMMON/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for Common. If the COMMON/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 Common. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Common (COMMON) for Lido Staked Ether (STETH)

To sell Common for Lido Staked Ether, first, find a cryptocurrency exchange that supports the COMMON/STETH trading pair. Create an account, verify your identity, and deposit your COMMON into your exchange wallet. Locate the COMMON/STETH pair on the trading platform and place a sell order to exchange your Common for Lido Staked Ether. If the COMMON/STETH pair is unavailable, you can first sell Common 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.