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