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How to Purchase Luminous (LUM) using BNB (BNB)

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

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