How to Purchase Stellar (XLM) using BeatGen NFT (BGN)

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