How to Purchase Bitcoin (BTC) using Alkimi [OLD] ($ADS)

To buy Bitcoin using Alkimi [OLD], first, find a cryptocurrency exchange that supports the BTC/$ADS trading pair. Create an account, verify your identity, and deposit your $ADS into your exchange wallet. Locate the BTC/$ADS pair on the trading platform and place an order to exchange your Alkimi [OLD] for Bitcoin. If the BTC/$ADS pair is unavailable, you can first exchange Alkimi [OLD] for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. 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.