How to Purchase Lido Staked Ether (STETH) using Nexum (NEXM)

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