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How to Purchase Ethereum Classic (ETC) using michi ($MICHI)

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

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