How to Purchase Bitcoin (BTC) using Noku (NOKU)

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