How to Buy First Digital USD (FDUSD) with Chiliz (CHZ)
To purchase First Digital USD using Chiliz, firstly, look for a cryptocurrency exchange that supports the FDUSD/CHZ trading pair, such as Binance. Make an account, verify your identity, and deposit your CHZ into your exchange wallet. Find the FDUSD/CHZ pair on the trading platform and place an order to exchange your Chiliz for First Digital USD. If the FDUSD/CHZ pair is not available, you can initially exchange Chiliz for a stablecoin like Tether (USDT) or a fiat currency, then trade that for First Digital USD. Keep in mind potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell First Digital USD (FDUSD) for Chiliz (CHZ)
To sell First Digital USD for Chiliz, firstly, find a cryptocurrency exchange that supports the FDUSD/CHZ trading pair, such as Binance. Create an account, verify your identity, and deposit your FDUSD into your exchange wallet. Locate the FDUSD/CHZ pair on the trading platform and place a sell order to exchange your First Digital USD for Chiliz. If the FDUSD/CHZ pair is not available, you can first sell First Digital USD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chiliz. Be mindful of potential exchange fees, which differ by platform and can affect the total amount you receive.