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How to Purchase Chainlink (LINK) using BLOCKLORDS (LRDS)

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

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