How to Purchase Ethereum (ETH) using Common (COMMON)

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