How to Purchase Bitcoin (BTC) using Physis (PHY)

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