How to Buy BitMEX (BMEX) with Wise Monkey (MONKY)
To purchase BitMEX using Wise Monkey, firstly, locate a cryptocurrency exchange that supports the BMEX/MONKY trading pair. Create an account, verify your identity, and deposit your MONKY into your exchange wallet. Find the BMEX/MONKY pair on the trading platform and place an order to exchange your Wise Monkey for BitMEX. If the BMEX/MONKY pair is not available, you can initially exchange Wise Monkey for a stablecoin such as Tether (USDT) or a fiat currency, then trade that for BitMEX. Be aware of potential exchange fees, which vary by platform and can impact the total cost of your transaction.
How to Sell BitMEX (BMEX) for Wise Monkey (MONKY)
To sell BitMEX for Wise Monkey, first, find a cryptocurrency exchange that supports the BMEX/MONKY trading pair. Create an account, verify your identity, and deposit your BMEX into your exchange wallet. Locate the BMEX/MONKY pair on the trading platform and place a sell order to exchange your BitMEX for Wise Monkey. If the BMEX/MONKY pair is unavailable, you can first sell BitMEX for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Wise Monkey. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.