How to Purchase Shiba Inu (SHIB) using Horizen (ZEN)

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