How to Purchase Chainlink (LINK) using NEM (XEM)

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