How to Purchase Bitcoin (BTC) using Nolus (NLS)

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