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How to Purchase Scorum Coin (SCR) using Bitcoin (BTC)

To buy Scorum Coin using Bitcoin, first, find a cryptocurrency exchange that supports the SCR/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the SCR/BTC pair on the trading platform and place an order to exchange your Bitcoin for Scorum Coin. If the SCR/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Scorum Coin. 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 Scorum Coin (SCR) for Bitcoin (BTC) in Germany

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