How to Purchase Yieldly (YLDY) using Bitcoin (BTC)

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