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How to Purchase Common (COMMON) using Chainlink (LINK)

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

To sell Common for Chainlink, first, find a cryptocurrency exchange that supports the COMMON/LINK trading pair. Create an account, verify your identity, and deposit your COMMON into your exchange wallet. Locate the COMMON/LINK pair on the trading platform and place a sell order to exchange your Common for Chainlink. If the COMMON/LINK pair is unavailable, you can first sell Common 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 impact the total amount you receive.