How to Purchase CHEQD Network (CHEQ) using Ancient8 (A8)

To buy CHEQD Network using Ancient8, first, find a cryptocurrency exchange that supports the CHEQ/A8 trading pair. Create an account, verify your identity, and deposit your A8 into your exchange wallet. Locate the CHEQ/A8 pair on the trading platform and place an order to exchange your Ancient8 for CHEQD Network. If the CHEQ/A8 pair is unavailable, you can first exchange Ancient8 for a stablecoin like Tether (USDT) or a fiat currency, then trade that for CHEQD Network. 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.