How to Purchase BlockProtocol (BLOCK) using Ethereum (ETH)

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