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How to Purchase BNB (BNB) using Walrus (WAL)

To buy BNB using Walrus, first, find a cryptocurrency exchange that supports the BNB/WAL trading pair. Create an account, verify your identity, and deposit your WAL into your exchange wallet. Locate the BNB/WAL pair on the trading platform and place an order to exchange your Walrus for BNB. If the BNB/WAL pair is unavailable, you can first exchange Walrus for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BNB. 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 BNB (BNB) for Walrus (WAL) in Germany

To sell BNB for Walrus, first, find a cryptocurrency exchange that supports the BNB/WAL trading pair. Create an account, verify your identity, and deposit your BNB into your exchange wallet. Locate the BNB/WAL pair on the trading platform and place a sell order to exchange your BNB for Walrus. If the BNB/WAL pair is unavailable, you can first sell BNB for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Walrus. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.