How to Buy Shiba Inu (SHIB) with Litentry (LIT)
To purchase Shiba Inu using Litentry, begin by finding a cryptocurrency exchange that offers the SHIB/LIT trading pair. Set up an account, verify your identity, and deposit your LIT into your exchange wallet. Locate the SHIB/LIT pair on the trading platform and place an order to swap your Litentry for Shiba Inu. If the SHIB/LIT pair is not available, you can initially exchange Litentry for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Shiba Inu. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Shiba Inu (SHIB) for Litentry (LIT)
To sell Shiba Inu for Litentry, first, find a cryptocurrency exchange that supports the SHIB/LIT trading pair. Create an account, verify your identity, and deposit your SHIB into your exchange wallet. Locate the SHIB/LIT pair on the trading platform and place a sell order to exchange your Shiba Inu for Litentry. If the SHIB/LIT pair is unavailable, you can first sell Shiba Inu for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Litentry. Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.