How to Purchase Filecoin (FIL) using Euro (EUR)

To buy Filecoin using Euro, first, find a cryptocurrency exchange that supports the FIL/EUR trading pair, such as Nexo, YouHodler, Coinbase or Kraken. Create an account, verify your identity, and deposit your EUR into your exchange wallet. Locate the FIL/EUR pair on the trading platform and place an order to exchange your Euro for Filecoin. If the FIL/EUR pair is unavailable, you can first exchange Euro for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Filecoin. 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.