How to Purchase Injective (INJ) using PAX Gold (PAXG)

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