How to Purchase Bonk (BONK) using Chainlink (LINK)

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