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