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How to Purchase Shiba Inu (SHIB) using Alium Finance (ALM)

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

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