How to Buy Stellar (XLM) with KnowYourDev (KYD)
To buy Stellar using KnowYourDev, first, find a cryptocurrency exchange that supports the XLM/KYD trading pair. Create an account, verify your identity, and deposit your KYD into your exchange wallet. Locate the XLM/KYD pair on the trading platform and place an order to exchange your KnowYourDev for Stellar. If the XLM/KYD pair is unavailable, you can first exchange KnowYourDev 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.
How to Sell Stellar (XLM) for KnowYourDev (KYD)
To sell Stellar for KnowYourDev, first, find a cryptocurrency exchange that supports the XLM/KYD trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/KYD pair on the trading platform and place a sell order to exchange your Stellar for KnowYourDev. If the XLM/KYD pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for KnowYourDev. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.