How to Purchase United States Dollar (USD) Using Celo Dollar (CUSD)

To purchase United States Dollar using Celo Dollar, start by finding a cryptocurrency exchange that offers the USD/CUSD trading pair. Create an account, verify your identity, and deposit your CUSD into your exchange wallet. Then, locate the USD/CUSD pair on the platform and place an order to trade your Celo Dollar for United States Dollar. If the pair is unavailable, you can first exchange Celo Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.

How to Exchange United States Dollar (USD) for Celo Dollar (CUSD)

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