How to Purchase Bitcoin (BTC) using Sui (SUI)

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