How to Purchase Chainlink (LINK) using End Federal Reserve (EFR)

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