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How to Purchase Sovrun (SOVRN) using Chainlink (LINK)

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

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