How to Purchase Ethereum (ETH) using Celer Network (CELR)

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