How to Purchase BlockFi (BFI) using Peanut the Squirrel (PNUT)

To buy BlockFi using Peanut the Squirrel, first, find a cryptocurrency exchange that supports the BFI/PNUT trading pair. Create an account, verify your identity, and deposit your PNUT into your exchange wallet. Locate the BFI/PNUT pair on the trading platform and place an order to exchange your Peanut the Squirrel for BlockFi. If the BFI/PNUT pair is unavailable, you can first exchange Peanut the Squirrel for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BlockFi. 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.