How to Purchase Lido Staked Ether (STETH) using BlockFi (BFI) in India

To buy Lido Staked Ether using BlockFi, first, find a cryptocurrency exchange that supports the STETH/BFI trading pair. Create an account, verify your identity, and deposit your BFI into your exchange wallet. Locate the STETH/BFI pair on the trading platform and place an order to exchange your BlockFi for Lido Staked Ether. If the STETH/BFI pair is unavailable, you can first exchange BlockFi 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 cost of your transaction.

How to Sell Lido Staked Ether (STETH) for BlockFi (BFI) in India

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