How to Exchange GMX (GMX) for United States Dollar (USD) in Italy

To sell GMX for United States Dollar, first, find a cryptocurrency exchange that supports the GMX/USD trading pair, such as Nexo, Kraken, Uphold or Crypto.com. Create an account, verify your identity, and deposit your GMX into your exchange wallet. Locate the GMX/USD pair on the trading platform and place a sell order to exchange your GMX for United States Dollar. If the GMX/USD pair is unavailable, you can first sell GMX for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.