How to Purchase Shiba Inu (SHIB) using Innovai (INO)

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