How to Purchase Swiss Franc (CHF) using Tether (USDT)

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