How to Purchase tBTC (TBTC) using Bitcoin (BTC)

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