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