How to Purchase Celo (CELO) using Bitcoin (BTC)

To buy Celo using Bitcoin, first, find a cryptocurrency exchange that supports the CELO/BTC trading pair, such as Binance, Coinbase, Kucoin or Wirex. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the CELO/BTC pair on the trading platform and place an order to exchange your Bitcoin for Celo. If the CELO/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Celo. 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.