How to Purchase Ethereum (ETH) using Torum (XTM)

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