How to Purchase SolLytics (LYTICS) using Spacemesh ($SMH)

To buy SolLytics using Spacemesh, first, find a cryptocurrency exchange that supports the LYTICS/$SMH trading pair. Create an account, verify your identity, and deposit your $SMH into your exchange wallet. Locate the LYTICS/$SMH pair on the trading platform and place an order to exchange your Spacemesh for SolLytics. If the LYTICS/$SMH pair is unavailable, you can first exchange Spacemesh for a stablecoin like Tether (USDT) or a fiat currency, then trade that for SolLytics. 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.