How to Purchase 1INCH (1INCH) using Chainlink (LINK)

To buy 1INCH using Chainlink, first, find a cryptocurrency exchange that supports the 1INCH/LINK trading pair, such as YouHodler. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the 1INCH/LINK pair on the trading platform and place an order to exchange your Chainlink for 1INCH. If the 1INCH/LINK pair is unavailable, you can first exchange Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for 1INCH. 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.