How to Purchase Shiba Inu (SHIB) using Mey Network (MEY)

To buy Shiba Inu using Mey Network, first, find a cryptocurrency exchange that supports the SHIB/MEY trading pair. Create an account, verify your identity, and deposit your MEY into your exchange wallet. Locate the SHIB/MEY pair on the trading platform and place an order to exchange your Mey Network for Shiba Inu. If the SHIB/MEY pair is unavailable, you can first exchange Mey Network 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.