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