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