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