How to Purchase Bitcoin (BTC) using COTI (COTI)

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