How to Purchase Shiba Inu (SHIB) using Nexum (NEXM)

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