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