How to Purchase Shiba Inu (SHIB) using Golem (GLM)

To buy Shiba Inu using Golem, first, find a cryptocurrency exchange that supports the SHIB/GLM trading pair. Create an account, verify your identity, and deposit your GLM into your exchange wallet. Locate the SHIB/GLM pair on the trading platform and place an order to exchange your Golem for Shiba Inu. If the SHIB/GLM pair is unavailable, you can first exchange Golem for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Shiba Inu. 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.