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How to Purchase Horizen (ZEN) using BNB (BNB)

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

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