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