How to Purchase BitShares (BTS) using Bitcoin Cash (BCH)
To buy BitShares using Bitcoin Cash, first, find a cryptocurrency exchange that supports the BTS/BCH trading pair. Create an account, verify your identity, and deposit your BCH into your exchange wallet. Locate the BTS/BCH pair on the trading platform and place an order to exchange your Bitcoin Cash for BitShares. If the BTS/BCH pair is unavailable, you can first exchange Bitcoin Cash for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BitShares. 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.
How to Sell BitShares (BTS) for Bitcoin Cash (BCH) in Germany
To sell BitShares for Bitcoin Cash, first, find a cryptocurrency exchange that supports the BTS/BCH trading pair. Create an account, verify your identity, and deposit your BTS into your exchange wallet. Locate the BTS/BCH pair on the trading platform and place a sell order to exchange your BitShares for Bitcoin Cash. If the BTS/BCH pair is unavailable, you can first sell BitShares for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin Cash. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.

