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