How to Purchase Sui (SUI) using Avalanche (AVAX)

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