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How to Buy Position (POSI) with Lido Staked Ether (STETH)

To buy Position using Lido Staked Ether, first, find a cryptocurrency exchange that supports the POSI/STETH trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the POSI/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for Position. If the POSI/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 Position. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Position (POSI) for Lido Staked Ether (STETH)

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