How to Purchase Bitcoin (BTC) using MyShell (SHELL)

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