How to Purchase Bitcoin (BTC) using Tower (TOWER)

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