How to Purchase Ethereum (ETH) using Sui (SUI)

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