How to Purchase Shiba Inu (SHIB) using Bet Lounge (BETZ)

To buy Shiba Inu using Bet Lounge, first, find a cryptocurrency exchange that supports the SHIB/BETZ trading pair. Create an account, verify your identity, and deposit your BETZ into your exchange wallet. Locate the SHIB/BETZ pair on the trading platform and place an order to exchange your Bet Lounge for Shiba Inu. If the SHIB/BETZ pair is unavailable, you can first exchange Bet Lounge 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.