How to Purchase PAX Gold (PAXG) using Ethereum (ETH)

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