How to Purchase Binance-Peg IoTeX (IOTX) using Pitbull ($BULL)

To buy Binance-Peg IoTeX using Pitbull, first, find a cryptocurrency exchange that supports the IOTX/$BULL trading pair. Create an account, verify your identity, and deposit your $BULL into your exchange wallet. Locate the IOTX/$BULL pair on the trading platform and place an order to exchange your Pitbull for Binance-Peg IoTeX. If the IOTX/$BULL pair is unavailable, you can first exchange Pitbull for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg IoTeX. 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.