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How to Purchase Chainlink (LINK) using Paynetic (PYN)

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

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