You can easily convert your Celo Dollars (cUSD) or Celo Euros (cEUR) for CELO by going to the CELO section. In this section you can buy or sell CELO using cUSD or cEUR.
Currently, it is not possible to convert directly between cUSD and cEUR 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 exchange between cUSD, CELO and cEUR. 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.
Go to Menu > CELO
Note: The CELO feature is restricted in some countries.
If you have CELO and want to convert it to cUSD or cEUR, tap Sell. Otherwise, if you have cUSD or cEUR and want to convert it to CELO, tap Buy. This will convert between the two assets on the Celo Network, enabled from Valora.
If you have cUSD and cEUR balances, you may need to switch which balance you are using. To do so, simply tap the balance at the top, then select the correct asset.
Enter the amount you wish to buy or sell, and tap Review.
Confirm that all information is correct. You can then send your transaction at the bottom of the screen by clicking the confirmation button. The button will say Sell or Buy, depending on if you’re exchanging to or from CELO.
You may need to enter your PIN to complete the transaction.