How to Purchase Ethereum (ETH) using Ethereum Name Service (ENS)

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