How to Purchase ICON (ICX) using Ethereum (ETH)

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