How to Purchase Bitcoin (BTC) using THORSwap (THOR)

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