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How to Buy michi ($MICHI) with Lido Staked Ether (STETH)

To buy michi using Lido Staked Ether, first, find a cryptocurrency exchange that supports the $MICHI/STETH trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the $MICHI/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for michi. If the $MICHI/STETH pair is unavailable, you can first exchange Lido Staked Ether 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 cost of your transaction.

How to Sell michi ($MICHI) for Lido Staked Ether (STETH)

To sell michi for Lido Staked Ether, first, find a cryptocurrency exchange that supports the $MICHI/STETH trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the $MICHI/STETH pair on the trading platform and place a sell order to exchange your michi for Lido Staked Ether. If the $MICHI/STETH pair is unavailable, you can first sell michi 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 amount you receive.