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How to Purchase Hiblocks (HIBS) using 1ex (1EX)

To buy Hiblocks using 1ex, first, find a cryptocurrency exchange that supports the HIBS/1EX trading pair. Create an account, verify your identity, and deposit your 1EX into your exchange wallet. Locate the HIBS/1EX pair on the trading platform and place an order to exchange your 1ex for Hiblocks. If the HIBS/1EX pair is unavailable, you can first exchange 1ex for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Hiblocks. 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 Hiblocks (HIBS) for 1ex (1EX) in Germany

To sell Hiblocks for 1ex, first, find a cryptocurrency exchange that supports the HIBS/1EX trading pair. Create an account, verify your identity, and deposit your HIBS into your exchange wallet. Locate the HIBS/1EX pair on the trading platform and place a sell order to exchange your Hiblocks for 1ex. If the HIBS/1EX pair is unavailable, you can first sell Hiblocks for a stablecoin like Tether (USDT) or a fiat currency, then trade that for 1ex. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.