How to Purchase Initia (INIT) using Bitcoin Cash (BCH)

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