How to Purchase Shiba Inu (SHIB) using Sonic SVM (SONIC)

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