How to Purchase Collateralized Debt Token (CDT) using Chainlink (LINK)

To buy Collateralized Debt Token using Chainlink, first, find a cryptocurrency exchange that supports the CDT/LINK trading pair. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the CDT/LINK pair on the trading platform and place an order to exchange your Chainlink for Collateralized Debt Token. If the CDT/LINK pair is unavailable, you can first exchange Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Collateralized Debt Token. 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.