How to Purchase Shiba Inu (SHIB) using Monsta Infinite (MONI)

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