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

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