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