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How to Purchase Interlock (ILOCK) using Bitcoin (BTC)

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

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