BitcompareBitcompare

How to Purchase Chainlink (LINK) using Blub (BLUB)

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

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