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