How to Buy IOST (IOST) with michi ($MICHI)
To purchase IOST using michi, firstly, locate a cryptocurrency exchange that supports the IOST/$MICHI trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Find the IOST/$MICHI pair on the trading platform and place an order to exchange your michi for IOST. If the IOST/$MICHI pair is not available, you can initially exchange michi for a stablecoin such as Tether (USDT) or a fiat currency, then trade that for IOST. Be aware of potential exchange fees, which vary by platform and can impact the total cost of your transaction.
How to Sell IOST (IOST) for michi ($MICHI)
To sell IOST for michi, first, find a cryptocurrency exchange that supports the IOST/$MICHI trading pair. Create an account, verify your identity, and deposit your IOST into your exchange wallet. Locate the IOST/$MICHI pair on the trading platform and place a sell order to exchange your IOST for michi. If the IOST/$MICHI pair is unavailable, you can first sell IOST for a stablecoin like Tether (USDT) or a fiat currency, then trade that for michi. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.