How to Purchase Stellar (XLM) using AltLayer (ALT)

To buy Stellar using AltLayer, first, find a cryptocurrency exchange that supports the XLM/ALT trading pair. Create an account, verify your identity, and deposit your ALT into your exchange wallet. Locate the XLM/ALT pair on the trading platform and place an order to exchange your AltLayer for Stellar. If the XLM/ALT pair is unavailable, you can first exchange AltLayer 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. 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.