How to Purchase Bitcoin (BTC) using Afrix (AFX)

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