How to Purchase Litecoin (LTC) using ConstitutionDAO (PEOPLE)

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