How to Purchase Polkadot (DOT) using PEAKDEFI (PEAK)

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