BNB to SQT: Convert and Swap BNB (BNB) to SubQuery Network (SQT)

How to Purchase BNB (BNB) using SubQuery Network (SQT)

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