TUSD to $SMH: Convert and Swap TrueUSD (TUSD) to Spacemesh ($SMH)

How to Purchase TrueUSD (TUSD) using Spacemesh ($SMH)

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