How to Purchase Bitcoin (BTC) using CoinEx (CET)

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