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