How to Purchase Avalanche (AVAX) using Torum (XTM)

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