How to Buy United States Dollar (USD) with Inverse Finance (INV)
To purchase United States Dollar using Inverse Finance, firstly, locate a cryptocurrency exchange that supports the USD/INV trading pair. Create an account, verify your identity, and deposit your INV into your exchange wallet. Find the USD/INV pair on the trading platform and place an order to exchange your Inverse Finance for United States Dollar. If the USD/INV pair is not available, you can initially exchange Inverse Finance for a stablecoin such as Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be aware of potential exchange fees, which vary by platform and can impact the total cost of your transaction.
How to Sell United States Dollar (USD) for Inverse Finance (INV)
To sell United States Dollar for Inverse Finance, first, find a cryptocurrency exchange that supports the USD/INV trading pair, such as Coinbase. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/INV pair on the trading platform and place a sell order to exchange your United States Dollar for Inverse Finance. If the USD/INV pair is unavailable, you can first sell United States Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Inverse Finance. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.