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