How to Purchase Bitcoin (BTC) using Theta Network (THETA)

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