How to Purchase Shiba Inu (SHIB) using DegenAds (DEGEN)

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