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How to Purchase Polkadot (DOT) using gotEM (GOTEM)

To buy Polkadot using gotEM, first, find a cryptocurrency exchange that supports the DOT/GOTEM trading pair. Create an account, verify your identity, and deposit your GOTEM into your exchange wallet. Locate the DOT/GOTEM pair on the trading platform and place an order to exchange your gotEM for Polkadot. If the DOT/GOTEM pair is unavailable, you can first exchange gotEM 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 gotEM (GOTEM) in Germany

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