How to Purchase Polkadot (DOT) using Torum (XTM)

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