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How to Purchase LBRY Credits (LBC) using Bitcoin Cash (BCH)

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

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