How to Purchase United States Dollar (USD) using Toncoin (TON)

To buy United States Dollar using Toncoin, first, find a cryptocurrency exchange that supports the USD/TON trading pair, such as Nexo, YouHodler, BTSE or Kraken. Create an account, verify your identity, and deposit your TON into your exchange wallet. Locate the USD/TON pair on the trading platform and place an order to exchange your Toncoin for United States Dollar. If the USD/TON pair is unavailable, you can first exchange Toncoin 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.