How to Purchase Stellar (XLM) Using michi ($MICHI)
To purchase Stellar using michi, start by finding a cryptocurrency exchange that offers the XLM/$MICHI trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Then, locate the XLM/$MICHI pair on the platform and place an order to trade your michi for Stellar. If the pair is unavailable, you can first exchange michi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Stellar. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Stellar (XLM) for michi ($MICHI)
To sell Stellar for michi, first, find a cryptocurrency exchange that supports the XLM/$MICHI trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/$MICHI pair on the trading platform and place a sell order to exchange your Stellar for michi. If the XLM/$MICHI pair is unavailable, you can first sell Stellar 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.
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