How to Purchase Bitcoin (BTC) using Sovrun (SOVRN)

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