How to Purchase Bitcoin (BTC) using Prosper [OLD] (PROS)

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