How to Purchase Cipher (CIPHER) with Lido Staked Ether (STETH) in Canada

To buy Cipher using Lido Staked Ether, first, find a cryptocurrency exchange that supports the CIPHER/STETH trading pair. Create an account, verify your identity, and deposit your STETH into your exchange wallet. Locate the CIPHER/STETH pair on the trading platform and place an order to exchange your Lido Staked Ether for Cipher. If the CIPHER/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 Cipher. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction in Canada.