Loading...

How to Buy Steem Dollars (SBD) with michi ($MICHI)

To buy Steem Dollars using michi, first, find a cryptocurrency exchange that supports the SBD/$MICHI trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the SBD/$MICHI pair on the trading platform and place an order to exchange your michi for Steem Dollars. If the SBD/$MICHI pair is unavailable, you can first exchange michi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Steem Dollars. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Steem Dollars (SBD) for michi ($MICHI)

To sell Steem Dollars for michi, first, find a cryptocurrency exchange that supports the SBD/$MICHI trading pair. Create an account, verify your identity, and deposit your SBD into your exchange wallet. Locate the SBD/$MICHI pair on the trading platform and place a sell order to exchange your Steem Dollars for michi. If the SBD/$MICHI pair is unavailable, you can first sell Steem Dollars for a stablecoin like Tether (USDT) or a fiat currency, then trade that for michi. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.