How to Buy x (XRC-20) (X) with Lido Staked Ether (STETH)
To buy x (XRC-20) using Lido Staked Ether, first, find a cryptocurrency exchange that supports the X/STETH trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the X/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for x (XRC-20). If the X/STETH pair is unavailable, you can first exchange Lido Staked Ether for a stablecoin like Tether (USDT) or a fiat currency, then trade that for x (XRC-20). Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell x (XRC-20) (X) for Lido Staked Ether (STETH)
To sell x (XRC-20) for Lido Staked Ether, first, find a cryptocurrency exchange that supports the X/STETH trading pair. Create an account, verify your identity, and deposit your X into your exchange wallet. Locate the X/STETH pair on the trading platform and place a sell order to exchange your x (XRC-20) for Lido Staked Ether. If the X/STETH pair is unavailable, you can first sell x (XRC-20) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Lido Staked Ether. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.