How to Purchase Bitcoin (BTC) using Credefi (CREDI)

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