How to Purchase Bitcoin (BTC) using WalletConnect Token (WCT)

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