How to Purchase Bitcoin (BTC) using Enecuum (ENQ)

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