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How to Purchase Chainlink (LINK) using bitSmiley (SMILE)

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

How to Sell Chainlink (LINK) for bitSmiley (SMILE) in Germany

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