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How to Purchase Bitcoin Gold (BTG) using Chainlink (LINK)

To buy Bitcoin Gold using Chainlink, first, find a cryptocurrency exchange that supports the BTG/LINK trading pair. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the BTG/LINK pair on the trading platform and place an order to exchange your Chainlink for Bitcoin Gold. If the BTG/LINK pair is unavailable, you can first exchange Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin Gold. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.

How to Sell Bitcoin Gold (BTG) for Chainlink (LINK) in Germany

To sell Bitcoin Gold for Chainlink, first, find a cryptocurrency exchange that supports the BTG/LINK trading pair. Create an account, verify your identity, and deposit your BTG into your exchange wallet. Locate the BTG/LINK pair on the trading platform and place a sell order to exchange your Bitcoin Gold for Chainlink. If the BTG/LINK pair is unavailable, you can first sell Bitcoin Gold 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 impact the total amount you receive.