How to Purchase Chainlink (LINK) using Wise Monkey (MONKY)

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