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How to Purchase Horizen (ZEN) using 1ex (1EX)

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

To sell Horizen for 1ex, first, find a cryptocurrency exchange that supports the ZEN/1EX trading pair. Create an account, verify your identity, and deposit your ZEN into your exchange wallet. Locate the ZEN/1EX pair on the trading platform and place a sell order to exchange your Horizen for 1ex. If the ZEN/1EX pair is unavailable, you can first sell Horizen 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.