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How to Purchase Hiblocks (HIBS) using BNB (BNB)

To buy Hiblocks using BNB, first, find a cryptocurrency exchange that supports the HIBS/BNB trading pair. Create an account, verify your identity, and deposit your BNB into your exchange wallet. Locate the HIBS/BNB pair on the trading platform and place an order to exchange your BNB for Hiblocks. If the HIBS/BNB pair is unavailable, you can first exchange BNB 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 BNB (BNB) in Germany

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