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