How to Purchase Initia (INIT) using Ethereum (ETH)
To buy Initia using Ethereum, first, find a cryptocurrency exchange that supports the INIT/ETH trading pair. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the INIT/ETH pair on the trading platform and place an order to exchange your Ethereum for Initia. If the INIT/ETH pair is unavailable, you can first exchange Ethereum 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.
How to Sell Initia (INIT) for Ethereum (ETH) in Germany
To sell Initia for Ethereum, first, find a cryptocurrency exchange that supports the INIT/ETH trading pair. Create an account, verify your identity, and deposit your INIT into your exchange wallet. Locate the INIT/ETH pair on the trading platform and place a sell order to exchange your Initia for Ethereum. If the INIT/ETH pair is unavailable, you can first sell Initia 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 impact the total amount you receive.

