How to Purchase Fasttoken (FTN) using Chainlink (LINK)
To buy Fasttoken using Chainlink, first, find a cryptocurrency exchange that supports the FTN/LINK trading pair. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the FTN/LINK pair on the trading platform and place an order to exchange your Chainlink for Fasttoken. If the FTN/LINK pair is unavailable, you can first exchange Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Fasttoken. 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 Fasttoken (FTN) for Chainlink (LINK) in Germany
To sell Fasttoken for Chainlink, first, find a cryptocurrency exchange that supports the FTN/LINK trading pair. Create an account, verify your identity, and deposit your FTN into your exchange wallet. Locate the FTN/LINK pair on the trading platform and place a sell order to exchange your Fasttoken for Chainlink. If the FTN/LINK pair is unavailable, you can first sell Fasttoken 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 impact the total amount you receive.
