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

