How to Purchase Chainlink (LINK) using Creditlink Token (CDL)

To buy Chainlink using Creditlink Token, first, find a cryptocurrency exchange that supports the LINK/CDL trading pair. Create an account, verify your identity, and deposit your CDL into your exchange wallet. Locate the LINK/CDL pair on the trading platform and place an order to exchange your Creditlink Token for Chainlink. If the LINK/CDL pair is unavailable, you can first exchange Creditlink Token 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.