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How to Purchase Chainlink (LINK) using Libra Protocol (LBR)

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

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