How to Purchase Ethereum (ETH) using Ternoa (CAPS)

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