How to Buy Bitcoin (BTC) with Covalent Query Token (CQT)
To buy Bitcoin using Covalent Query Token, first, find a cryptocurrency exchange that supports the BTC/CQT trading pair. Create an account, verify your identity, and deposit your CQT into your exchange wallet. Locate the BTC/CQT pair on the trading platform and place an order to exchange your Covalent Query Token for Bitcoin. If the BTC/CQT pair is unavailable, you can first exchange Covalent Query Token for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Bitcoin (BTC) for Covalent Query Token (CQT)
To sell Bitcoin for Covalent Query Token, first, find a cryptocurrency exchange that supports the BTC/CQT trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/CQT pair on the trading platform and place a sell order to exchange your Bitcoin for Covalent Query Token. If the BTC/CQT pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Covalent Query Token. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.