How to Purchase Ethereum (ETH) using Sperax (SPA)

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