How to Purchase Ethereum (ETH) using ConstitutionDAO (PEOPLE)

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