How to Purchase FairERC20 (FERC) using Spacemesh ($SMH)

To buy FairERC20 using Spacemesh, first, find a cryptocurrency exchange that supports the FERC/$SMH trading pair. Create an account, verify your identity, and deposit your $SMH into your exchange wallet. Locate the FERC/$SMH pair on the trading platform and place an order to exchange your Spacemesh for FairERC20. If the FERC/$SMH pair is unavailable, you can first exchange Spacemesh for a stablecoin like Tether (USDT) or a fiat currency, then trade that for FairERC20. 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.