How to Purchase Zilliqa (ZIL) using Ethereum (ETH)

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