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