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How to Purchase TerraClassicUSD (USTC) using USDC (USDC)

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

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