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How to Purchase KGeN (KGEN) using Chainlink (LINK)

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

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