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