How to Purchase United States Dollar (USD) using Ternoa (CAPS)
To buy United States Dollar using Ternoa, first, find a cryptocurrency exchange that supports the USD/CAPS trading pair, such as SwissBorg. Create an account, verify your identity, and deposit your CAPS into your exchange wallet. Locate the USD/CAPS pair on the trading platform and place an order to exchange your Ternoa for United States Dollar. If the USD/CAPS pair is unavailable, you can first exchange Ternoa for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. 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 United States Dollar (USD) for Ternoa (CAPS) in Germany
To sell United States Dollar for Ternoa, first, find a cryptocurrency exchange that supports the USD/CAPS trading pair, such as SwissBorg. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/CAPS pair on the trading platform and place a sell order to exchange your United States Dollar for Ternoa. If the USD/CAPS pair is unavailable, you can first sell United States Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ternoa. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.