How to Purchase Bitcoin (BTC) using Stafi (FIS)

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