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