How to Purchase United States Dollar (USD) using Audius (AUDIO)

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