How to Purchase Bancor Network (BNT) using Wise Monkey (MONKY)

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