How to Purchase Binance-Peg IoTeX (IOTX) using SGC (SGC)

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