How to Purchase Stellar (XLM) using Elastos (ELA)

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