How to Purchase Ethereum (ETH) using Innovai (INO)

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