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