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How to Purchase Avalanche (AVAX) using Beam (BEAM)

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

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