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

