How to Purchase Shiba Inu (SHIB) using PAX Gold (PAXG)

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