How to Purchase Optimism (OP) using EarthFund (1EARTH)
To buy Optimism using EarthFund, first, find a cryptocurrency exchange that supports the OP/1EARTH trading pair. Create an account, verify your identity, and deposit your 1EARTH into your exchange wallet. Locate the OP/1EARTH pair on the trading platform and place an order to exchange your EarthFund for Optimism. If the OP/1EARTH pair is unavailable, you can first exchange EarthFund for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Optimism. 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 Optimism (OP) for EarthFund (1EARTH) in Germany
To sell Optimism for EarthFund, first, find a cryptocurrency exchange that supports the OP/1EARTH trading pair. Create an account, verify your identity, and deposit your OP into your exchange wallet. Locate the OP/1EARTH pair on the trading platform and place a sell order to exchange your Optimism for EarthFund. If the OP/1EARTH pair is unavailable, you can first sell Optimism for a stablecoin like Tether (USDT) or a fiat currency, then trade that for EarthFund. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
