How to Purchase BNB (BNB) using Luminous (LUM)

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