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