How to Purchase Ethereum (ETH) using Zilliqa (ZIL)

To buy Ethereum using Zilliqa, first, find a cryptocurrency exchange that supports the ETH/ZIL trading pair, such as YouHodler, Binance or Kucoin. Create an account, verify your identity, and deposit your ZIL into your exchange wallet. Locate the ETH/ZIL pair on the trading platform and place an order to exchange your Zilliqa for Ethereum. If the ETH/ZIL pair is unavailable, you can first exchange Zilliqa for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum. 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.