You can easily convert your Celo stablecoin for CELO by going to the CELO section and buying or selling one of these assets.
Currently, it is not possible to convert directly between Celo stablecoins on Valora. You will have to buy CELO with the asset you have, and then sell CELO for the asset you want.
Valora uses Celo’s onchain exchange, called Mento, to make the exchange. Mento is an Automated Money Market (AMM). Like other AMMs, Mento calculates the price based on the volume you are looking to exchange. There are NO hidden fees!! You can read more about how Mento works in Celo's documentation.
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Go to Menu > CELO
Note: The CELO feature is restricted in some countries.
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If you have CELO and want to convert it to a Celo stablecoin, tap Sell. Otherwise, if you have Celo stablecoin and want to convert it to CELO, tap Buy. This will convert between the two assets on the Celo Network, enabled by Valora.
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If you have multiple balances, you may need to switch which balance you are using. To do so, tap the balance at the top and select the correct asset.
Enter the amount you wish to buy or sell and tap Review.
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Confirm that all information is correct. You can then send your transaction at the bottom of the screen by tapping the confirmation button, which says Sell or Buy, depending on if you’re exchanging to or from CELO.
You may need to enter your PIN to complete the transaction.