How to Purchase Chainlink (LINK) using Backstage (BKS)

To buy Chainlink using Backstage, first, find a cryptocurrency exchange that supports the LINK/BKS trading pair. Create an account, verify your identity, and deposit your BKS into your exchange wallet. Locate the LINK/BKS pair on the trading platform and place an order to exchange your Backstage for Chainlink. If the LINK/BKS pair is unavailable, you can first exchange Backstage 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 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.