How to Purchase PAX Gold (PAXG) using Pendle (PENDLE)

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