How to Purchase Bitcoin (BTC) using Libra Protocol (LBR)

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