How to Purchase Bitcoin (BTC) using BitBook (BBT)

To buy Bitcoin using BitBook, first, find a cryptocurrency exchange that supports the BTC/BBT trading pair. Create an account, verify your identity, and deposit your BBT into your exchange wallet. Locate the BTC/BBT pair on the trading platform and place an order to exchange your BitBook for Bitcoin. If the BTC/BBT pair is unavailable, you can first exchange BitBook 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.