How to Purchase Bitcoin (BTC) using Meteora (MET)

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