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