How to Purchase Shiba Inu (SHIB) using Validity (VAL)

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