How to Purchase Ethereum (ETH) using Black Swan (SWAN)

To buy Ethereum using Black Swan, first, find a cryptocurrency exchange that supports the ETH/SWAN trading pair. Create an account, verify your identity, and deposit your SWAN into your exchange wallet. Locate the ETH/SWAN pair on the trading platform and place an order to exchange your Black Swan for Ethereum. If the ETH/SWAN pair is unavailable, you can first exchange Black Swan 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.