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