How to Purchase United States Dollar (USD) with IRISnet (IRIS) in Canada
To buy United States Dollar using IRISnet, first, find a cryptocurrency exchange that supports the USD/IRIS trading pair. Create an account, verify your identity, and deposit your IRIS into your exchange wallet. Locate the USD/IRIS pair on the trading platform and place an order to exchange your IRISnet for United States Dollar. If the USD/IRIS pair is unavailable, you can first exchange IRISnet for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction in Canada.
How to Sell United States Dollar (USD) for IRISnet (IRIS) in Canada
To sell United States Dollar for IRISnet, first, find a cryptocurrency exchange that supports the USD/IRIS trading pair. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/IRIS pair on the trading platform and place a sell order to exchange your United States Dollar for IRISnet. If the USD/IRIS pair is unavailable, you can first sell United States Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for IRISnet. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive in Canadian dollars.
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