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