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

