How to Purchase Shiba Inu (SHIB) using Areum (AREA)

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