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How to Purchase Chainlink (LINK) using DedaCoin (DEDA)

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

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