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How to Purchase TerraUSD (Wormhole) (UST) using Chainlink (LINK)

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

To sell TerraUSD (Wormhole) for Chainlink, first, find a cryptocurrency exchange that supports the UST/LINK trading pair. Create an account, verify your identity, and deposit your UST into your exchange wallet. Locate the UST/LINK pair on the trading platform and place a sell order to exchange your TerraUSD (Wormhole) for Chainlink. If the UST/LINK pair is unavailable, you can first sell TerraUSD (Wormhole) 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.