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How to Purchase Irys (IRYS) using Bitcoin (BTC)

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

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