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How to Purchase Gifto (GFT) using Chainlink (LINK)

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

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