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How to Purchase michi ($MICHI) using Bitcoin (BTC)

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

To sell michi for Bitcoin, first, find a cryptocurrency exchange that supports the $MICHI/BTC trading pair. Create an account, verify your identity, and deposit your $MICHI into your exchange wallet. Locate the $MICHI/BTC pair on the trading platform and place a sell order to exchange your michi for Bitcoin. If the $MICHI/BTC pair is unavailable, you can first sell michi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.