How to Purchase Ethereum (ETH) using Archethic (UCO)

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