How to Purchase Ethereum (ETH) using Nibiru (NIBI)

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