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How to Purchase Chainlink (LINK) using Lydia Finance (LYD)

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

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