How to Purchase EigenCloud (prev. EigenLayer) (EIGEN) using Ethereum (ETH)

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