How to Purchase Bitcoin (BTC) using Goldfinch (GFI)

To buy Bitcoin using Goldfinch, first, find a cryptocurrency exchange that supports the BTC/GFI trading pair, such as BTSE. Create an account, verify your identity, and deposit your GFI into your exchange wallet. Locate the BTC/GFI pair on the trading platform and place an order to exchange your Goldfinch for Bitcoin. If the BTC/GFI pair is unavailable, you can first exchange Goldfinch 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.