Yes, you can read all reflowable books you buy off Amazon in epub format. You need to use My Devices & Content: Download to PC for transfer via USB. (Linux, Mac, Windows). Mobi, azw and azw3 all can work.
You need Calibre, a Plugin and your Kindle. Never unregister the Kindle. Keep it even if the battery dies. You need its serial number for the Plugin and you need it Registered to do the Downloads. KFX or PC or other Kindle app is harder. Copying files from the Kindle mostly won't work for conversion.
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