How to Purchase Tether (USDT) using Spacemesh ($SMH)

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