How to Purchase Ethereum (ETH) using eCash (XEC)

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