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