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

