How to Purchase Shiba Inu (SHIB) using Mode (MODE)

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