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