How to Purchase Illuvium (ILV) using Stellar (XLM)

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