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How to Purchase Bitcoin (BTC) using Fasttoken (FTN)

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

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