How to Purchase Swiss Franc (CHF) using yearn.finance (YFI)

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